Terminal operators will continue to face cost pressures as the industry handles the latest impacts…
Category: TOP STORIES
Intels: Retrenched workers are not our employees
The Management of Intels Nigeria Limited has expressed concern over the ongoing industrial action by…
Niger Delta pirates attack chemical tanker for the third time in a month
A chemical tanker identified as MT New Ranger was boarded on Tuesday, some 160 nautical…
Nigeria’s inflation rate hits 14.89% in November
The consumer price index which measures inflation increased by 14.89 percent (year-on-year) in November 2020.…
FG suspends licensing of free trade zones
The Federal Government has suspended the issuance of licences for the operation of the Free…
Customs seizes 73 firearms, ammunition in Kebbi
The Nigerian Customs Service (NCS) has seized 73 locally manufactured firearms and 891 cartridges in…
Korean firm to cool Pfizer COVID-19 vaccine storage space with LNG
Liquefied Natural Gas (LNG) will be used to keep extremely low temperatures in storage facilities…
Extortion: NPA, NSC appear helpless as haulage cost at Tin Can Port hits N1.8m
Truckers have jerked up their costs by 50% from N1.2million to N1.8million within one week…
Nigeria ranks dismal 48 in global merchant shipping fleet
Nigeria’s shipping sector contributed an insignificant 1.6 million tonnage to the world’s merchant shipping fleet…
US donates maritime security equipment to Nigerian Navy
To boost the Nigerian Navy’s maritime security efforts, the United States of America (USA) has…
IMF: Nigeria’s economy will recover by 2022
The International Monetary Fund (IMF) on Friday said Nigeria’s output would recover to its pre-pandemic…
Container volume at major Chinese ports up 3.7% in late November
Container volume at eight major Chinese ports increased 3.7% year-on-year in late November, according to…