Korean shipyards maintain top position in global shipbuilding orders

South Korean shipyards maintained lead in the global order book for the fifth consecutive month in…

US crude exports to China dropped to zero in August – BIMCO 

In August, no US seaborne exports of crude oil to China were recorded. A massive change…

Steel manufacturers raise alarm over smuggling of substandard products

The Galvanized Iron and Steel Manufacturers Association (GISMA) has said that the Federal Government was losing…

AFREXIM invests $3.2bn in Nigeria

The President of African Export-Import Bank (AFRIEXIM), Prof. Benedict Oramah, on Wednesday, said the bank has…

Senate confirms Shonubi as CBN deputy governor

The Senate has confirmed the appointment of Folashodun Shonubi as deputy governor of Central Bank of…

Passengers stranded at Abuja airport as unions strike in Lagos

Some domestic air passengers were stranded at the Nnamdi Azikiwe International Airport (NAIA), Abuja, on Wednesday,…

Nine die in Turkey migrant boat mishap

  Nine people died and one rescued on Wednesday, after a boat carrying irregular migrants sank…

Four abducted oil workers regain freedom

Four abducted members of a Joint Investigation Team probing the cause of an oil spill at…

Vietjet seals $1.24bn aircraft financing deal

Vietnam’s Vietjet Aviation said on Wednesday it signed a combined $1.24 billion worth of financing agreements…

Global debt hits $182tr, says IMF

  The International Monetary Fund (IMF) said on Wednesday that global debt levels has reached a…

FG proposes N24,000 as new minimum wage

The Federal Government has said after consultations it proposed N24,000 as the new minimum wage for…

Senate confirms Muiz Banire as AMCON chairman

The Senate has confirmed the appointment of Dr. Muiz Banire, as Chairman of the Governing Board…