Nigeria inflation grows to 18.4% in October – NBS

Nigeria’s inflation rate grew geometrically in September as Consumer Price Index (CPI) rose by 0.48% bringing…

Ben Bruce: Plane crash looms as operators fail to service aircraft

Senator Ben Murray Bruce, has said that air disaster looms in the country as Nigerian airlines…

N600m Fraud: Ex-naval chief, Jibrin’s trial adjourned to Nov. 15

Justice A. S. Umar of the FCT High Court sitting in Maitama, Abuja on Monday adjourned to today for…

Navy mulls fresh strategy to counter militancy

The Nigerian Navy has come up fresh strategies to flush out militants from the Niger Delta…

Customs spearheads ban on rice importation by 2017

  Public Relations Officer, Nigeria Customs Service, Wale Adeniyi has said that the Service is spearheading…

Nigeria to end $800m a year wheat import from Russia

The federal government has resolved to end the importation of wheat from Russia to preserve foreign…

Brexit sets stage for UK Free Ports 

Brexit could provide the United Kingdom with new economic freedom if the country exits the EU…

Korea Line picked as preferred bidder in Hanjin assets sale  

Korea Line Corp., South Korea’s second-largest bulk carrier, won a bid for some assets of Hanjin…

PSA Singapore sets deadline for claiming laden Hanjin boxes  

Singapore’s container terminal operator PSA has set November 28 as the deadline for claiming laden containers…

Declining crude oil price delays $200bn worth of projects globally – UAE Minister

As the global demand for crude oil outstripped supply, the United Arab Emirates Energy Minister, Suhail…

Rolls-Royce launches partnership to develop smart, autonomous ships  

Rolls-Royce on Monday announced a strategic partnership with Finland’s VTT Technical Research Centre to design, test,…

Scorpio Tankers sinks to loss  

Monaco-based tanker owner Scorpio Tankers recorded a net loss of USD27.1 million in the third quarter…