The Nigerian National Petroleum Corporation (NNPC) said that it remitted a total of N1.331 trillion…
Category: News
Emefiele defends CBN’s forex restriction on imports
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has said that the current…
Minister says FG will develop automotive sector
Minister of Justice and Attorney General of the Federation, Abubakar Malami on Monday in Abuja…
Maersk raises 2019 profit forecast
Shares in A.P. Moller-Maersk surged more than 7% on Monday after the Danish shipping company…
Container volume on the rise at Port of Rotterdam
The Port of Rotterdam closed the first three quarters of this year with a slight…
Shell calls for carbon levy to encourage alternative fuels
Anglo-Dutch oil major Shell has called for a level playing field to be created through…
Iran to build 200 cargo ships
Iran’s Minister of Industry, Mining and Trade, Reza Rahmani, has disclosed plans by his country…
$10bn port project: Tanzania shops for investors
Tanzania is open to discussions with investors on the $10 billion Bagamoyo Port project, but…
China seeks $2.4bn sanctions against U.S. in Obama-era case
China is seeking $2.4 billion in retaliatory sanctions against the United States for non-compliance with…
Singapore to extend port rebates for car carriers
The Maritime and Port Authority of Singapore has decided to extend port rebates for car…
Greek shipowners back proposal to limit engine power
Greece’s shipowners have thrown their weight behind an Athens proposal for a short-term, prescriptive measure…
Russia willing to pay to lure shippers to the Arctic
Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal…