Navy seizes ship, arrests 12 crew members for oil bunkering

The Forward Operating Base (FOB) of the Nigerian Navy based in Ibaka, Akwa Ibom State has…

Fowler denies calling for 50% hike in VAT rate 

The Chairman, Federal Inland Revenue Service (FIRS), Babatunde Fowler, on Wednesday denied reports of a plan…

Maersk sells off $1bn stake in Total

The AP Moller–Maersk Group has sold its stake in French oil and gas company Total for…

Nigerian Navy arrested 30 vessels for illegal activities in 2018 — Ibas 

No fewer than 30 vessels were seized by the Nigerian Navy in 2018 for various maritime…

Nigerian government to increase VAT to pay N30,000 minimum wage

Nigeria’s upper legislative chamber, the Senate, on Tuesday approved N30,000 as new national minimum wage for…

Agents seek return of monthly stakeholders meeting in Apapa 

The Association of Nigerian Licensed Customs Agents (ANLCA) has urged the newly appointed area Controller, Apapa…

Customs generates N60bn, detains 24 containers in Apapa 

The Apapa Area Command of the Nigeria Customs Service (NCS) said it has generated N60 billion…

CBN says Nigeria spends $500m annually on palm oil importation 

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele on Monday said that over $500 million…

PHOTOS: These rare weird boat designs will blow your mind 

A boat is a watercraft of any size designed to float or plane, to provide passage…

I’m so much richer than Buhari — Osinbajo 

Nigeria’s Vice President, Professor Yemi Osinbajo said he informed his boss, President Muhammadu Buhari that he…

Nigerians consumed 1.8 billion litres of petrol in one month — NNPC 

The Nigerian National Petroleum Corporation (NNPC) said that 1.8 billion litres of petrol was supplied to…

LCCI blames Customs for abuse of fast-track cargo clearing scheme

Vice Chairman, Freight Forwarders Group, Lagos Chambers of Commerce and Industry (LCCI) Las Alli-Shobande has blamed…