UNCTAD berates inadequate reliable data for port managers

The United Nations Conference on Trade and Development (UNCTAD) has berated the lack of reliable data…

3 men docked for robbing freight forwarders

Three men, who allegedly robbed and assaulted two freight forwarders, Bala Lawal and Mohammed Abiodun, were…

Recession: Investment inflow shrinks by $4.5bn in nine months

The level of investments inflow into the country recorded a huge decline of $4.51bn from the…

Man remanded for damaging trailer tyres

A 32-year-old man, Ganiyu Abdulmumeen Owolabi, who allegedly damaged three trailer tyres, appeared before an Apapa…

NAFDAC mops up imported fruit juices as Dec. 31 deadline approaches

The National Agency for Food and Drug Administration (NAFDAC) says it has commenced mop up of…

Consultation ongoing on $30bn loan – Presidency

The Presidency on Wednesday said top-level consultation had been initiated between the Executive and Legislative arms…

NEITI: NNPC lost N418.97 billion in 21 months

The group operations of the Nigerian National Petroleum Corporation (NNPC) recorded a cumulative loss of N411.1…

$60m cocaine seized off Tasmania

Ten men have been charged and 186 kilograms of cocaine worth seized from a 50-meter commercial…

US, Canada to phase out heavy fuel oil in Arctic

The United States and Canada are moving closer to phase out the use of heavy fuel oil…

Hanjin Shipping to sell Long Beach terminal stake to MSC

Bankrupt Hanjin Shipping is selling its 54% stake in a Long Beach container terminal to the…

Shipping faces threat from EU unilateral levy on carbon emissions

The shipping industry faces the threat of paying a levy to the European Union on its…

Traffic resumes after bulker grounds in Bosphorus

The 52,980 dwt bulk carrier Star Harmony ran aground in the Bosphorus Strait in the area of…