$10bn trapped outside Nigeria due to FG, CBN policies

The organised private sector, comprising manufacturers and small businesses in the country, Tuesday, stated that the…

Workers protest against FG’s plan to concession airports 

Workers at the Nnamdi Azikiwe International Airport, Abuja on Tuesday staged a protest against plans by…

MEND threatens to pull out of talks with FG 

The Movement for the Emancipation of the Niger Delta has threatened to pull out of the…

Nigeria earns N3.3tr from crude oil sales to India, others in one year 

Nigeria exported 322 million barrels of crude oil valued at $17billion to India, Spain and the…

Akanu Ibiam Airport Enugu receives first cargo flight

  Akanu Ibiam International Airport Enugu was agog Tuesday as the first international cargo flight landed…

Oil prices extend losses

Oil prices fell on Tuesday, extending the previous session’s sharp losses caused by prospects of another…

U.S. Navy’s nuclear-powered submarine collides with support vessel 

The nuclear-powered submarine USS Louisiana collided with a U.S. Navy Offshore Support Vessel last week while conducting routine…

Congo terminal takes delivery of first Terex mobile crane

Productivity at International Container Terminal Services Inc’s (ICTSI) new $100m container and general cargo terminal in…

Mega-containership grounded off Southampton 

  One of the world’s largest boxships is being inspected for any damages following a brief…

Transocean Winner successfully refloated

The Transocean Winner drilling rig was successfully refloated in Dalmore Bay off Scotland’s Isle of Lewis…

Panama Canal shuts two lanes for repairs  

Due to scheduled dry chamber seal repairs at Panama Canal’s locks, the west lane of Miraflores…

SGX expected to complete acquisition of Baltic Exchange in November

After close to three months of exclusive discussions, the acquisition of the Baltic Exchange by Singapore…