Pakistan quits anti-piracy task force amid worsening US ties

Pakistan’s navy is no longer part of the counterpiracy Combined Task Force (CTF) that operates in…

Panama Canal sets new annual tonnage record

The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1…

FG needs $1tr to modernise energy infrastructure – Osinbajo

Vice President Yemi Osinbajo on Thursday said the Federal Government requires $1 trillion to modernise Nigeria’s…

Reps orders Customs to return impounded rice

The House of Representatives has directed the Nigerian Customs Service to return the large quantity of…

MMA2: Unions threaten to ground operations in other terminals

Aviation unions on Thursday threatened to ground flight operations at all terminals of the Murtala Muhammed…

Customs confiscates N142m contraband goods

The Nigeria Customs Service (NCS) Niger Area Command has seized contraband goods worth over N142 million…

OPEC slashes global oil demand growth forecast

OPEC on Thursday, cut its forecast of global demand growth for oil next year for a…

Senate okays N234bn for 2019 elections

The Senate on Thursday approved N234.51 billion for the conduct of the 2019 elections by the…

UK regulator to review British Airways trans-Atlantic partnership

Britain’s Competition and Markets Authority (CMA) on Thursday said it would investigate British Airways’ revenue-sharing partnership…

Emirates Oil subsidiary eyes $500m in acquisitions in 2019

Dubai’s Dragon Oil, a subsidiary of Emirates National Oil Company (ENOC), plans to invest about $500…

Non-fundamental factors impacting oil market- Barkindo

OPEC Secretary-General, Mohammad Barkindo, has said that there are many non-fundamental factors influencing the oil market…

IMF Chief kicks against trade, currency wars

International Monetary Fund (IMF) Managing Director, Christine Lagarde, has warned countries against engaging in both trade…