The shipping market in 2015 and looking forward

By Peter Sand Global economy: menacing clouds in the sky cast a shadow on global economic…

EFCC operatives raid former Customs CG, Dikko’s residence

Operatives of the Economic and Financial Crimes Commission (EFCC) today raided the residence of former Comptroller-General…

NSCDC secures court order to sell seized vessels

The Nigeria Security and Civil Defence Corps (NSCDC) has secured an interim order from the Law…

Customs collects N903bn in 2015, blames CBN for revenue shortfall

Comptroller General of Customs, Hammed Ali said the Nigeria Customs Service collected a total of N903…

Cocaine trafficking : NDLEA arraigns four

The National Drug Law Enforcement Agency (NDLEA) Thursday arraigned four men at the Federal High Court…

Crude oil falls to $29 per barrel

The Organisation of Petroleum Exporting Countries (OPEC) basket price for oil took a deep dive on…

Container shipping should expect industry-wide losses in 2016

Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce…

156 saved after ferry collides with barge off Malaysia

Some 156 passengers and crew were rescued after a Malaysian-flagged ferry Zuhairi collided with a lightless…

Rotterdam dockworkers launch 24-hour strike

The ultimatum given by Rotterdam dockworkers’ union FNV Havens to their employers at the port and…

32 ships laden with petroleum products, foods expected in Lagos

32 ships laden with petroleum products, food items and other goods are expected to arrive Apapa…

Gowon’s son, jailed for importing cocaine into U.S., regains freedom after 22 years

After spending 22 years in a California prison, Musa Jack Ngonadi, the son of former military…

Saraki asks CBN to review forex policy

Senate President Bukola Saraki says the Senate has asked the Central Bank of Nigeria (CBN)to review…