Oil prices rose Monday on Middle East supply risks after Saudi Arabia cut diplomatic ties with…
Category: News
Seme NDLEA seizes 907.4kg hemp in 2015
The National Drug Law Enforcement Agency (NDLEA) Seme Command in Lagos State said yesterday, that it…
Panama Canal’s expansion deadline pushed to May 2016
The long-awaited Panama Canal expansion project has now been given a new deadline for May 2016 after major…
Asian shipyards face bleak year in 2016
For many Asian shipyards, 2015 was a brutal year. This year could be even worse. With…
COSCO, China Shipping merger to result in new company, says Regulator
China Ocean Shipping Group Co (COSCO) and China Shipping Group Co will become a new entity…
Hyundai Heavy Industries targets $19.5bn in orders in 2016
Hyundai Heavy Industries Co Ltd said on Monday it is plans an order target of $19.5…
Marine Surveying institute celebrates its Silver Jubilee
The International Institute of Marine Surveying (IIMS), the leading wordlwide professional body for the marine surveying…
LCCI predicts economic woes in Q1
The Lagos Chamber of Commerce and Industry (LCCI) has raised the fears that non-adjustment of the…
MAN seeks review of forex ban on raw materials
The Manufacturers Association of Nigeria (MAN) has charged the Minister of Agriculture, Chief Audu Ogbeh, to…
Navy arrests 16 crude oil thieves in Delta
Officials of the Nigerian Navy on Friday in Oteghale community, Warri-South Local Government Area of Delta…
22 oil vandals jailed in Rivers
The Rivers State command of Nigerian Security and Civil Defense Corps (NSCDC) has said 22 people…
Oil, gas JVs gulp 86% of export revenue
The Nigerian National Petroleum Corporation (NNPC) has said 86 per cent of the oil and gas…