President Goodluck Jonathan on Thursday urged the incoming Buhari administration to continue to boost the railway…
Category: News
Customs impounds N250m fake drugs
The Federal Operations Unit (FOU) Zone ‘C’, Owerri of the Nigeria Customs Service, (NCS) has impounded…
Six workers injured in Greek refinery fire
Six workers were injured Friday when a fire broke out at an oil refinery near the…
Shipping freight rates to stay low until at least 2020, says Goldman Sachs
Shipping freight rates, which have hit record lows this year, are set to remain weak for…
Shanghai container throughput rises 3% in April
China’s Shanghai port, the world’s busiest container port, registered a small increase in container throughput in…
New $1.8bn Singapore megaport will have 20 deep water berths
The Maritime and Port Authority of Singapore (MPA) has signed a milestone contract for the construction…
DP World returns to bond market after eight-year hiatus
The Dubai port operator DP World is returning to the bond markets after an eight-year hiatus…
Carnival sending new cruise ship to China
Carnival Corporation announced Wednesday that it will be sending a state-of-the-art newbuild cruise ship to China…
Apapa gridlock grounds commercial activities in Lagos
A gridlock arising from petrol tankers, which blocked the highways, leading to Apapa depot yesterday compelled…
Customs anti-smuggling taskforce arrests 4 Chinese nationals over illegal importation
The Nigeria Customs Service Anti-smuggling Taskforce yesterday in Kano arrested three Chinese nationals for illegally importing printed textile…
FG commences privatisation of Nigerian Railway
The Federal Government yesterday directed the Bureau of Public Enterprises (BPE) to commence the privatisation of…
NUPENG appeals to Lagosians over gridlocks in Apapa, environs
The National Union of Petroleum and Natural Gas Workers (NUPENG) on Thursday appealed to Lagosians to…