Breaking News Stories

  The naira has depreciated by 15 kobo to N360.31 per dollar in the Investors and Exporters (I&E) window of the foreign exchange market. Data from the Financial Market Dealers Quote...

  The federal government’s “unprogressive regulations and policies” and complexities caused by revenue drive by the three tiers of government are severely challenging the confidence of...

  By MarEx   A new initiative to boost vessel traffic management is underway in the Port of Singapore. Fujitsu Limited, Singapore Management University (SMU), the Agency for Science,...

  By MarEx   The Port of Rotterdam Authority has launched a new app called Pronto to cut ship waiting time.   Around 30,000 vessels call on Rotterdam each year, and the app allows them...

  BY MAREX   In March, the Georgia Ports Authority continued its run of record-setting volume growth, with container handling up 14 percent relative to the same period last year. For...

Waziri

• Insists $16.8b NLNG Dividends Not Remitted To Federation Account.

  The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for the cancellation of the automatic retention of 450,000 barrels of crude oil daily by the Nigerian...

Oil Worker

  Oil prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts gradually draw down excess supplies. Brent crude oil futures were at $73...

Navy and Marchant Navy logo

  By Roland Ekama   Operatives from the Western Naval Command on Wednesday stormed the national secretariat of the Nigeria Merchant Navy Officers and Water Transport Senior Staff...

Nautical Institution

  BY MAREX   Interest in the polar regions is rising rapidly as the shipping season is lengthening. Maritime traffic has grown substantially, and sea ice loss is resulting in more...

Warri Old Port

  By Roland Ekama   The SIFAX Group-led consortium, Ocean and Cargo Terminal Services Limited, has been declared the preferred bidder of Terminal B, Warri Old Port. At a meeting held on...

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