Dubai’s Dragon Oil, a subsidiary of Emirates National Oil Company (ENOC), plans to invest about $500…
Category: News
IMF Chief kicks against trade, currency wars
International Monetary Fund (IMF) Managing Director, Christine Lagarde, has warned countries against engaging in both trade…
OPL 245: Shell warns staff of prolonged corruption trial
Royal Dutch Shell sees a landmark corruption trial over Nigeria’s OPL 245 offshore oilfield deal to…
CMA CGM denies plans to take over Ceva Logistics
French shipping company, CMA CGM, has no plans to launch a full takeover of Ceva Logistics,…
Manufacturers: Nigeria loses N1bn weekly to steel smuggling
The Galvanized Iron and Steel Manufacturers Association (GISMA) has said that the Federal Government was losing…
Nigerian High Commissioner to Gambia rallies support for SIFAX Group
The Nigerian High-Commissioner to The Gambia, Ambassador Oluwasegun Ibidapo-Obe, has commended SIFAX Group for its planned…
Motorboy forges NPA identity card
The Ports Criminal Investigation and Intelligence Department (PCID) on Wednesday arraigned a 23-year-old motorboy, Chigemezu Blessing…
South Korea to bail out distressed shipping companies
South Korea’s state-run company Korea Ocean Business Corp (KOBC) has revealed its intentions to support financially…
Hong Kong unveils incentives for maritime sector
Hong Kong chief executive Carrie Lam announced a raft of incentives and measures for the maritime…
Police arraign truck driver for assault
A 28-year-old truck driver, Olaolu Talabi, was on Wednesday arraigned before an Apapa Magistrates’ Court for…
9 dead, 25 missing as migrant boat sinks
Nine people died after a boat filled with migrants sank off the western coast of Turkey…