Cement Producers Association of Nigeria (CPAN) has urged the Central Bank of Nigeria (CBN) to reconsider…
Category: News
Idle containership fleet up five-fold in 2015, says Alphaliner
The idle containership fleet rose five-fold in 2015 in the face of a difficult market according…
‘Shipping not for the faint-hearted in 2016’
Shipping will remain “volatile and uncertain” in 2016 thanks to unpredictable Chinese demand and a complex…
Ijaw group threatens to disrupt crude oil supply to Warri Refinery
A group known as the Ijaw Oil Producing and Pipeline Communities in Warri and Environs, (IOPPCWE),…
Brent crude falls below $35, hits 11-year low
Brent oil prices tumbled Wednesday underneath $35 for the first time in 11 years, plagued by…
WACT wins best port development award
The West Africa Container Terminal (WACT), at the Port of Onne, has been named Nigeria’s Best…
Freight forwarder decries duplication of functions by agencies at ports
The National Council of Managing Directors of Licensed Customs Agents (NCMDCLA) PTML branch, yesterday said duplication…
Buhari set to establish committee to fast-track NNPC reforms
President Muhammadu Buhari said an inter-ministerial committee would soon be established to speed up the re-organisation…
Nine drowned migrants, including children, found on Turkish beach
Turkish authorities on Tuesday found the bodies of nine migrants, including several children, washed up on…
NSCDC arrests 234 suspects for vandalism, other offences in 2015
The Nigeria Security and Civil Defence Corps (NSCDC), Lagos State Command, on Tuesday said it arrested…
Seme command records N1.4bn import duty from rice, others in December 2015
The Seme Area Command of the Nigeria Customs Service said it generated N1.4 billion as revenue…
Nigeria’s crude oil export dips by N4.4trn in 9 months
A sharp decline was recorded in revenue accruable to the Federal Government from the petroleum sector,…