Category: News

Abdullahi Dikko

N1.1b fraud: Ex-Customs boss Dikko must face trial, says court 

  A Federal High Court in Abuja has insisted that former Comptroller General of Customs, Abdullahi Dikko must be arraigned on a criminal charge pending against him....

Lawmakers accuse NIWA of dubious contracts

Lawmakers accuse NIWA of dubious contracts

  The House of Representatives and Senate Committees have allegedly discovered infractions worth billions of Naira appropriated for National Inland Waterways Agency...

FG to review revenue sharing formula

Auto dealers to Buhari: Order Customs to unseal our premises 

  The National Association of Automobile Marketers (NAAM) has called on President Muhammadu Buhari and President of the Senate, Ahmed Lawan to prevail on the...

Minister of Transportation, Rotimi Ameachi

Amaechi defends budget, denies attack on train 

Minister of Transportation, Rotimi Amaechi denied reports that a train was shot at, saying that nobody shot at any train. Speaking yesterday in Abuja when he presented...

Nigeria to receive 20 new rail coaches from China

Nigeria to receive 20 new rail coaches from China

  The Minister of Transportation, Rotimi Amaechi, says 20 new coaches for the Abuja-Kaduna and the Lagos-Ibadan rail lines will arrive the country from China in...

Senate approves MTEF, raises oil benchmark to $57

Senate rejects Niger Delta Ministry’s N25.9bn budget 

  The Senate Committee on Niger Delta has rejected the 2020 capital budget of N25.9 billion of the Ministry of Niger Delta over the non-completion of major projects...

Buhari sacks Baru, appoints Kyari as new NNPC GMD

NNPC remits N1.3tr into federation, JV accounts 

  The Nigerian National Petroleum Corporation (NNPC) said that it remitted a total of N1.331 trillion , made up of N729.3 billion and N602.30 billion to the...

CBN Governor, Godwin Emefiele.

Emefiele defends CBN’s forex restriction on imports 

  The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has said that the current foreign exchange restriction policy of the apex bank was not restricting...

Minister of Justice, Mr. Abubakar Malami

Minister says FG will develop automotive sector

  Minister of Justice and Attorney General of the Federation, Abubakar Malami on Monday in Abuja said that the Federal Government would initiate the necessary legal...

Maersk Line denies shipping firearms into Nigeria 

Maersk raises 2019 profit forecast

  Shares in A.P. Moller-Maersk surged more than 7% on Monday after the Danish shipping company raised its expectations for 2019 profit despite headwinds from the...

Containers push port of Rotterdam’s volumes up

Container volume on the rise at Port of Rotterdam 

  The Port of Rotterdam closed the first three quarters of this year with a slight increase of one percent in cargo handling. At the end of the nine-month period,...

shell

Shell calls for carbon levy to encourage alternative fuels

  Anglo-Dutch oil major Shell has called for a level playing field to be created through the maritime regulatory authorities that will see alternatives to fossil...