Economy China, Nigeria, 76 others sign agreement against corruption The People’s Republic of China has signed an extradition treaty with Nigeria and 76 other countries to enhance international cooperation against corruption ... By maritimemagApril 29, 20190
Economy OIL: US blocks Venezuela’s export President Maduro of Venezuela: US hits economic lifeline with sanction, blocking oil exports US harshest sanction against Venezuela came into effect Sunday with ... By maritimemagApril 29, 20190
Economy FG to enhance agricultural indices that promote food safety and security The Federal Government will increase agricultural productivity, reduce food importation and implement programmes that promote food safety and security. The Minister of Agriculture ... By maritimemagApril 26, 20190
Cover Navy intercepts, hands over 470 bags of rice and seven suspects to customs The Forward Operating Base (FOB) of the Nigerian Navy (NN) in Mbo Local Government Area, Akwa Ibom state has handed over seven suspected ... By maritimemagApril 25, 20190
Economy Nigerian importers pay N984bn in three years as surcharge over pirates attacks. Abiola Seun | Foreign vessel owners have collected a total of N984billion as war risk surcharge on Nigerian importers as ... By maritimemagApril 24, 20190
Economy PTML Terminal sulks over Auto policy – records 159,000 Imported Vehicles in 2018 By ZION Olalekan | Frontline Roll-on Roll-off vehicle terminal at Tin Can Island Port; Ports and Terminal Multiservices Limited ... By maritimemagApril 24, 20190
Economy Petrol: Landing cost now N180 per litre – Kachikwu The landing cost of Premium Motor Spirit, also known as petrol, is N35 higher than the pump price of N145 per litre, ... By maritimemagApril 18, 20190
Economy Oil Prices may drop amidst forecasting difficulties The Organization of the Petroleum Exporting Countries (OPEC) on Thursday signaled that it may raise oil output from July if supply from Venezuela ... By maritimemagApril 13, 20190
Economy Sea Asia: Internet of Things, Internet of Ships platform launches The Internet of things (IoT) which stands for the interconnection via the Internet of computing devices embedded in everyday objects, enabling them to ... By maritimemagApril 10, 20190
Economy Auto policy has failed -Chamber of Commerce Abiola Seun The Lagos Chamber of Commerce and Industry (LCCI) has called for a 50% urgent reduction of the duties payable on imported ... By maritimemagApril 9, 20190
Cover Africa’s richest man withdrew $10 million just to look at it Nigerian billionaire Aliko Dangote, known as Africa’s richest man, told a forum in Ivory Coast on Saturday how he once took $10 ... By maritimemagApril 8, 20190
Economy Oil: Buhari meets Saudi energy minister on price stability Saudi Energy Minister Khalid Al-Falih met with President Muhammadu Buhari and discussed cooperation between the two OPEC member countries in the energy sector, ... By maritimemagApril 8, 20190
Economy Corruption in maritime industry, other sectors costs $1 trillion in tax revenue globally The International Monetary Fund(IMF) published a report resulting to the fact that curbing corruption could generate about $1 trillion (760.23 billion pounds) in tax revenues annually ... By maritimemagApril 7, 20190
Economy World Bank: David Malpass Becomes 13th president The Executive Directors of the World Bank on Friday unanimously selected David Malpass as President of the World Bank Group for a ... By maritimemagApril 6, 20190
Economy London Court of International Arbitration (LCIA) Orders Djibouti to Pay DP World $385 The London Court of International Arbitration (LCIA) has ordered Djibouti to pay DP World US$385 million plus interest for breaking the 2006 Doraleh Container Terminal ... By maritimemagApril 5, 20190
Economy Food and Agriculture Organization Price Index holds steady – UN The FAO Food Price Index held broadly stable in March, as a jump in dairy prices was offset by drops in cereal, vegetable ... By maritimemagApril 5, 20190
