Tin Can truck park nears completion

Here is cheering news for motorists usually caught up in the perennial gridlock on the Oshodi-Apapa…

Nigerian crudes slide further on weak demand amid glut of cargoes

Nigerian crudes continued to fall at a steady pace due to thin demand amid a glut…

IMB concerned over decision to compensate pirates

The International Maritime Bureau (IMB) has joined other maritime organisations in expressing concern over the decision…

Illegal bunkering: JTF adopts non-combatant approach

The Joint Task Force code named Operation Pulo Shield has embarked on non-combatant approach in its…

Shipowners’ association advocates new mode of sale of crude oil

The Nigerian Indigenous Shipowners Association (NISA) yesterday urged the Federal Government to change its transaction of…

Jonathan says 2015 will be tough for Nigeria

President Goodluck Jonathan, yesterday, previewed 2015 politically and economically and returned a grim verdict: It may…

OPEC members’ earnings to drop by $121 billion over sliding oil prices

The U.S Energy Information Administration (EIA) has estimated that members of the Organization of the Petroleum…

Palm oil producers seek withdrawal of 75% import duty waiver

Local palm oil and vegetable producers in the country have demanded that the Federal Government withdraw…

Two drown, four missing after ships collide off Italy

Two people drowned and four were missing at sea and feared dead after two merchant ships…

Libya begs Italy for help on oil tank fires

Libya has called on Italy to send fire fighters to prevent a fire spreading out of…

Hundreds trapped as ferry burns in heavy seas off Greece

Italian and Greek helicopter crews worked into the night to airlift passengers off a burning ferry…

Panama Canal expansion consortium claims additional cost overruns

The consortium working on the extensive Panama Canal expansion has submitted two new claims for cost…