Nigeria records 5.94% GDP growth in Q4 2014

National Bureau of Statistics (NBS), said the Nigeria’s real Gross Domestic Product (GDP) growth rate recorded…

Oil stakeholder expresses optimism over gradual rebound of crude oil price

A former Publicity Secretary of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN), Seyi Gambo,…

Photo: Mallam Habib Abdullahi, Chief Tony Anenih, Namadi Sambo and Senator Idris Umar

L-R: Managing Director, Nigerian Ports Authority (NPA), Mallam Habib Abdullahi; NPA Board Chairman, Chief Tony Anenih;…

Maersk CEO announces plan to order new ships

The world’s biggest container line will order new ships for the first time in four years…

Sanctioned N.Korea shipping firm still active, renamed ships -UN panel

A U.N.-blacklisted North Korean shipping firm has renamed most of its vessels in a bid to…

Interview: Maersk Group CEO Discusses Record Profit, Focus on Shipping and Energy

[wpdevart_youtube]CetdaiP6uvY[/wpdevart_youtube] In this video, Maersk Group CEO Nils S. Andersen explains what drove the Group’s record profit…

Firm pays N88m ransom to free crew kidnapped from Greek VLCC in Nigeria

At least $400,000 (about N88million) was reportedly paid as ransom to secure the release of three seafarers…

Navy arrests 13 suspected oil thieves, intercepts vessel

The Nigerian Navy, Central Naval Command, with headquarters in Bayelsa State, has arrested 13 suspected oil…

International group cautions vessels against onboard security on Nigeria-bound voyage

The Maritime Trade Information Sharing Centre Gulf of Guinea (MTISC-GoG) has advised vessels transiting or going…

ANLCA seeks duty free for importation of auto parts

National President, Association of Nigerian Licensed Customs Agents (ANLCA), Prince Olayiwola Shittu has advocated zero duty…

NIWA to build more jetties in Lagos, says official

The National Inland Waterways Authority (NIWA) said it is constructing more jetties to boost water transportation…

Agent tasks FG on waivers

General Secretary, Association of Nigerian Licensed Customs Agents (ANLCA), Tin Can Island Chapter, David Kanikwu has…