Reps threaten to issue arrest warrant against Customs boss

The House of Representatives on Wednesday expressed displeasure at the non-appearance of the Comptroller-General of Customs, Hameed…

CORRIGENDUM: MOL has not withdrawn from Nigeria

Mitsui OSK Line (MOL) has said that it has not withdrawn from Nigeria. The company also said…

Aisha Buhari unveils LNG ABUJA 11 in South Korea

Nigeria is reported to have generated at least $10 million from the sale of quality materials…

Petroleum imports mounting pressure on naira, says Mutallab

The huge amount spent on the importation of petroleum products is putting serious pressure on the naira,…

Customs chief inspects ECOWAS/EU project at Seme border

The Controller of Nigeria Customs Service, Seme Command, Victor Dimka, has inspected the on-going project by the…

Photo: NAPIMS team visit to LADOL Base

L-R: General Manager NIPEX-NAPIMS, Engr. Kanayo Odoe; Managing Director of LADOL, Dr. Amy Jadesimi; General Manager…

US Customs seizes $2m cocaine found in container

Some 154 pounds of cocaine were seized during an inspection of a container vessel at Port Everglades, Florida,…

Leading Greek shipowners hit by low share prices

Two of Greece’s better-known names have again been in the headlines as they struggle to come to…

Tanker rates projected to tumble towards year end

The influx of tonnage is expected to drive down tanker shipping rates towards the end of the…

India to develop Iranian port with $150m

India’s government Thursday cleared $150million of Exim Bank credit to further develop the Iranian Port of Chabahar,…

China claims South China Sea defences ‘absolutely necessary’

China’s defences in the South China Sea are “absolutely necessary”,Beijing said Thursday, as it accused the…

Confusion looms over succession for Evergreen

The passing of Chang Yung-fa, founder of Taiwan’s conglomerate Evergreen Group, has now left his empire facing…