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…

Oil optimism back as Norway predicts bottom is behind us

The man overseeing energy policy in western Europe’s biggest oil-producing nation says the worst downturn in…

Gunmen kidnap Customs officer in Lagos

Gunmen have kidnapped a Nigerian Customs Service (NCS) Officer in Festac, Amuwo Odofin, Lagos. The officer identified…

PHOTOS: Finally, Lake Rice lands in Lagos

  Finally, the much anticipated LAKE RICE, on Wednesday released by the Lagos State Governor,  Akinwunmi…

Consultation ongoing on $30bn loan – Presidency

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

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…

Finally: Ambode releases Lake rice

Lagos State Governor, Akinwunmi Ambode and his Kebbi State counterpart, Alhaji Atiku Bagudu on Wednesday released…

Fresh oil spill hits Ibeno communities in Akwa Ibom

Fresh oil spills suspected to emanate from American giant oil facility- ExxonMobil have hit more than…

27 ships laden with petroleum products, food items, to arrive Lagos

Twenty seven ships laden with petroleum products, food items and other goods are expected to arrive…

NNPC: Refineries to work full blast in 2017

The Nigerian National Petroleum Corporation, NNPC, said it would embark on a comprehensive rehabilitation of the…

We won’t privatise refineries, says Kachikwu

The country’s three refineries in Warri, Port Harcourt and Kaduna are not up for concession or…