APM Terminals sells Turkish container terminal

Maersk’s APM Terminals has reached agreement to divest its container terminal in Izmir, Turkey to its…

ONE forecast to lose $600m in first year 

New Japanese container line joint Ocean Network Express (ONE) is forecast to lose $600 million in…

Algeria energy law ready by first half of 2019

Algeria says its new energy law will be ready by the first half of 2019 and…

NSCDC foils attempt to vandalise pipeline in Kaduna

The Nigeria Security and Civil Defence Corps (NSCDC) Kaduna State Command said it had foiled an…

NNPC: Senate sets up committee to investigate $3.5bn subsidy fund

The Senate on Tuesday set up a committee to investigate $3.5 billion budget recovery fund allegedly…

Bangladesh to import 1.425m tonnes of oil products in 2019

Bangladesh Petroleum Corp (BPC) on Tuesday issued an international tender to import up to 1.425 million…

Ethiopian Airlines resume Mogadishu flights after 40 years

Ethiopian Airlines will start flying to the Somali capital, Mogadishu, on Nov. 2 for the first…

Six dead, dozens injured in Moroccan train crash

A train on Tuesday derailed near the Moroccan capital killing at least six people and injuring…

Investors to infuse $3.23bn into mining sector

The Minister of State for Mines and Steel Development, Alhaji Abubakar Bwari, says private investors have…

Trump cannot bring oil prices down by bullying – Iran

United States President, Donald Trump, cannot bring oil prices down by “bullying” other nations, Iran’s Oil…

Nigeria’s inflation rate hits 11.28%

The consumer price index, which measures inflation, stood at 11.28% in September from 11.28% recorded in…

Extortion: Customs exonerates officer at Tin-Can Island Port

The Tincan Island Command of Nigerian Customs Service (NSC) has debunked the allegations of extortion levelled…