States owe FIRS N41bn VAT – NEC

The National Economic Council (NEC) says states owe the Federal Inland Revenue Service (FIRS), N41 billion…

Banks to loan manufacturing, agric sectors at 9% interest

The Central Bank of Nigeria (CBN) on Thursday said it will support lenders to enable them…

CBN says forex inflow hit $91bn in 2017

The Central Bank of Nigeria (CBN), has said the cumulative foreign exchange inflow into the country…

Passenger jet skids off runway in Manila

A passenger plane operated by China’s Xiamen Air, veered off a rain-soaked runway after landing at…

Bomb threat grounds nine planes in South America

Nine planes were forced to make emergency changes to their routes within Chilean, Argentine and Peruvian…

Pipeline vandal escapes from court after arraignment

A suspected pipeline vandal, Kingsley Ibeto, on Thursday escaped from a Federal High Court sitting in…

Court begins trial of men for stealing at NPA

An Apapa Magistrates’ Court sitting in Lagos on Thursday began the cross examination of two men,…

Police arraign truck manager for aiding driver’s escape

The police on Thursday arraigned a 30-year-old truck manager, Muhammed Abdulahi, before an Apapa Magistrates’ Court…

Waterways: LASG to procure quick response boats for emergencies

As part of its commitment to ensuring the safety of people, the Lagos State government is…

Kenya signs agreement with MSC to revive national shipping line 

Kenya plans to revive a state-owned shipping line with the help of the Mediterranean Shipping Co.,…

Global container handling capacity projected to increase by 260m TEU

Container handling capacity is projected to increase by 260 million TEU until 2023, developing more in…

Scientists discover stern of WWII U.S. destroyer 

For almost 75 years, the stern of the destroyer USS Abner Read lay somewhere below the…