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…

FG extends port concession agreements, to float new national carrier with Cabotage vessel fund

The Managing Director of Nigerian Ports Authority, Mallam Habib Abdullahi yesterday disclosed that some port concession…

Akpobolokemi, Olopoenia’s alleged N754.7m theft case stalled

An Igbosere High Court in Lagos yesterday adjourned till February 29, the trial of a former…

Navy rescues hijacked MV Bourbon off Brass

The Nigerian Navy has rescued a hijacked vessel MV Bourbon. The Navy said it was stepping…

N45.9bn fraud: We can’t bring Tompolo to court, say Lawyers

Two Lagos-based lawyers, Messrs Tayo Oyetibo (SAN) and Ebun-Olu Adegboruwa, have said it is not their…

IMF calls on Buhari to lift forex restrictions

The International Monetary Fund (IMF) yesterday called on Nigeria to lift foreign exchange curbs and let…

Wike hails Navy’s sustained fight against oil theft

For sustaining the fight against crude oil theft, the Rivers State Governor, Nyesom Wike, has lauded…

Substandard goods down to 30% during my tenure, says Odumodu

The former Director-General Standards Organisation of Nigeria (SON) Dr Joseph Odumodu, has said that one of…

Brazil investigates MOL, eight other lines for price fixing

Nine car shipping companies are under investigation in suspicion of organizing actions characterized as “an international cartel”, according to Brazil’s Administrative…

Confusion looms over succession for Evergreen

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

Maersk, Vale secure space at Ningbo-Zhoushan

Chinese Ningbo-Zhoushan port and shipping conglomerate A.P. Møller Mærsk Co have signed an agreement to expand cooperation…