Taiwanese shipping major Evergreen has signed contracts with Jiangnan Shipyard and Hudong Zhonghua Shipbuilding for the…
Category: News
World Container Index drops 20%
The composite index increased 1.6% this week and, however 19.9% down as compared with same…
Reps approves VAT hike to 7.5%
The House of Representatives has approved the request by President Muhammadu Buhari to increase value…
Buhari: What we earn from oil does not meet our needs
President Muhammadu Buhari says although Nigeria is rich in petroleum resources, the earnings from oil…
Ogun monarchs ask Buhari to reopen land borders
Traditional rulers and residents of border communities in Ogun state have made a joint appeal…
Clearing agent allegedly steals N2.34m at Apapa
A 45-year-old clearing agent, Mutari Ushau, was on Thursday arraigned before an Apapa Magistrate’s Court…
Man jailed 7 years for N10m oil scam
One Johnson Abraham Ukiwe from Rivers State who deals on petroleum products without licence has…
Lagos gas explosion claims 4 lives
Four persons were feared dead while 23 others were injured in a gas explosion that…
Western Ports gets new Police Commissioner
Cyril Okoro,has been appointed as the new Commissioner in charge of the Western Port Authority…
Senate seeks automation of Nigeria’s oil facility management
The Senate has urged the Federal Government to set up consortium of experts to evaluate…
Turkey, Libya sign deal on maritime zones
Turkey and Libya’s internationally recognised government have signed an agreement on maritime boundaries in the…
National Bank of Greece sells $288m shipping loan portfolio
National Bank of Greece (NBG) has entered into sale and purchase agreements with certain funds…