Customs FOU seizes N294m goods, arrests 36 suspected smugglers

The Federal Operations Unit (FOU) Zone ‘A’ Ikeja of the Nigeria Customs Service (NCS) has effected…

Photo: Ngozi Okonjo-Iweala with Dikko Abdullahi

  Minister of Finance, Ngozi Okonjo-Iweala (right) with Customs Comptroller General, Dikko Abdullahi at a World…

Maersk says it doesn’t know reason for seizure of its ship by Iran Navy

Maersk Line said it is not able yet to establish the reason why the containership Maersk…

Terminal and intermodal costs creeping up on container lines

Terminal handling charges and intermodal transport costs are taking up more than 50% of a vessel’s…

Canada puts 50 port facilities up for sale

Canada’s government has launched the Ports Asset Transfer Program (PATP) to facilitate the transfer of 50 Transport…

Bourbon revenues decrease by 5.6%, puts 23 vessels in lay-up

Offshore vessel owner and operator Bourbon has reported a 5.6% drop in revenues between Q1 2015…

Sifax boss, Afolabi clocks 53 today

Friends, colleagues and associates of the Executive Vice Chairman/CEO of Sifax Group, Barrister (Dr.) Taiwo Afolabi…

NNPC deducted $18.53bn oil revenue, audit report confirms Sanusi’s allegation

A forensic audit of Nigeria’s state oil firm released on Monday confirmed the accusation by Emir…

Senate passes 2015 budget without provision for fuel subsidy

The Senate yesterday passed N4.493 trillion budget for the 2015 fiscal year, about five months after…

NUPENG urges NNPC to use state depots to ease Apapa gridlock

The National Union of Petroleum and Natural Gas Workers (NUPENG) yesterday appealed to the Nigerin National…

BPE shortlists 7 bidders for Warri Port terminal

The National Council on Privatisation (NCP) has directed the Bureau of Public Enterprises (BPE) to invite…

Dangote tasks staff on safety at work

The Group Head, Health Safety and Environment (HSE), Dangote Group, Alhaji Abdul Rahman Zubairu has asked…