The Organisation of Petroleum Exporting Countries (OPEC) basket price for oil took a deep dive on…
Category: News
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…
Igbo traders bemoan Buhari’s economic policies, harsh business environment
Igbo traders and businessmen have cried out over what they described as the recent harsh economic…
FG to audit Customs, NIMASA, NPA NNPC, others
The Federal Government has ordered the audit of all revenue-generating agencies in the country in order…
How Nigeria can get out of economic crisis – IMF boss
Director, International Monetary Fund (IMF), Christine Lagarde has asked Nigeria and Nigerians to brace up for…
Military arrests 1,610 Niger Delta pirates in 2015
Nigerian military officials arrested 1,610 pirates, militants and criminals in the Niger Delta region in 2015, maritime…
Ambode receives report on Lekki FTZ crisis
Lagos State government has said all is set for the prosecution of recent civil unrest in…