CBN’s restrictive forex policy on imports stays, says Emefiele

The Central Bank of Nigeria (CBN) will continue to deny importers access to foreign exchange (forex)…

Photo: Deadly potholes at Ilasamaja section

Deadly potholes at Ilasamaja section of the Apapa-Oshodi expressway; the major artery connecting the nation’s two…

Ransom was paid to free South Africa pirate hostages – Report

  An investigation by international news network Aljazeera has revealed for the first time how a…

Shanghai port moves higher container volumes in September

  China’s Shanghai port has handled higher container throughput in September compared to year-ago levels, according…

Hong Kong shipping register passes 100 million gross tonnage mark

  Ranked as the fourth largest ship register in the world, the Hong Kong Shipping Register…

Indonesia to spend $39m on new navigation maintenance ships

  Indonesia is investing in better maritime infrastructure with the transportation ministry appointing three shipbuilders to…

Port of Long Beach sets new cargo record

  The Port of Long Beach last month achieved its busiest September ever, closing out a…

Ali vows to jail corrupt Customs officials, agents

  Comptroller General of Customs, Col. Hamed Ibrahim Ali (rtd) has vowed to fight corruption within…

Police arrests 10 over murder of Lagos Free Trade Zone boss

  Lagos State Governor, Akinwunmi Ambode yesterday expressed shock and sadness over the murder of the Managing Director…

IMF urges CBN to review forex policy on imports

  As the foreign exchange market records further widening of the parallel market margin, the Director,…

MAN Oron begs NIMASA for more money

  The Maritime Academy of Nigeria (MAN), Oron, Akwa Ibom, has appealed to the Nigerian Maritime…

Shell asks shippers exporting Nigerian oil to sign guarantee letter

  Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a “letter…