The Central Bank of Nigeria (CBN) held its benchmark interest rate at 14 percent on Tuesday,…
Category: News
Navy clamps down on impostors, fake maritime security firms
The Nigerian Navy has embarked on a massive crackdown on impostors who are using naval uniforms…
Senate summons Kachikwu over $95bn oil deal
The Senate on Tuesday invited the Minister of State for Petroleum Resources, Ibe Kachikwu to throw…
Oil will get Nigeria out of recession – Kachickwu
The Minister of State for Petroleum, Ibe Kachikwu, has advised the newly-inaugurated council on hydrocarbons to…
Nigerian re-elected ICAO president
Nigerian-born Dr. Benard Aliu has been re-elected by acclamation for a second three-year term as president…
Tips: 11 documents you need to export goods
The process of exportation may be challenging especially considering the series of processes being implemented by…
60% national carrier stake: Nigerian investors seek loan from AfDB, Afreximbank
The ministerial implementation committee for the establishment of the national shipping fleet is in talks with…
Lawyer seeks probe of Calabar port dredging
A lawyer, Osuala Nwagbara has lent his voice to the call by stakeholders in the shipping…
Pirates attack ship in Sulu Sea
A Japanese-owned bulk carrier was able to thwart an attack on Sunday in the Sulu Sea off…
Smuggled oil cause of deadly explosion at Pakistani shipbreaking yard
An explosion at a Pakistani shipbreaking yard that claimed the lives of more than two dozen…
APM Terminals selects contractor to build new terminal in Morocco
The Netherlands-based terminal operator APM Terminals has awarded the construction of a new container terminal at…
US Navy’s high-tech destroyer, Zumwalt breaks down in Panama Canal
The U.S. Navy’s newest and most high-tech destroyer is stuck in Panama after suffering an engineering casualty…