37 ships to fly Saudi Arabia’s flag

37 ships to fly Saudi Arabia’s flag

National Shipping Company of Saudi Arabia (Bahri) has revealed plans to re-flag 32 of its very large crude tankers (VLCCs) and five of its mid-size carriers under the domestic flag by the end of 2017. The move comes amid a...
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Buhari lauds re-opening Of Abuja Airport

Buhari lauds re-opening Of Abuja Airport

President Muhammadu Buhari has commended the efforts of the Ministries of Transport, Power, Works and Housing, the security agencies, Kaduna State Government, the contractor, Julius Berger, and others, on the successful completion of work on the runway and re-...
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Photo News

Photo News

L-R: President,  Lagos Chamber of Commerce and Industry, LCCI, Dr Mrs Nike Akande,  CON with the Head of Market Structure Strategy,  Middle East and Africa,  Bloomberg,  Salloua Chakri during the Courtesy Visit of Salloua Chakri to the LCCI on Tuesday.
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NCAA: Abuja airport ready for operations

NCAA: Abuja airport ready for operations

The Nnamdi Azikiwe International Airport runway, Abuja, is ready for operation and can be opened on Wednesday, Director-General, Nigerian Civil Aviation Authority, NCAA, Usman Muktar, has said. Speaking with Journalists on Monday during an inspection of the  ...
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Amaechi demands apology, N2b from Fani-Kayode, Fayose’s aide

Amaechi demands apology, N2b from Fani-Kayode, Fayose’s aide

Citing character defamation, Minister of Transportation, Mr. Rotimi Amaechi, has written to a former Minister of Aviation, Chief Femi Fani-Kayode and an aide to Governor Ayodele Fayose of Ekiti State, Mr. Lere Olayinka, over his alleged ownership of  $43m (N1...
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FG canvasses support for whistle-blower policy

FG canvasses support for whistle-blower policy

The Federal Government has hailed its whistle-blower policy, which has led to the recovery of looted funds in many currencies that may otherwise not have been discovered, describing it as an effective tool of fighting corruption in Nigeria. In a statement is...
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CMG eyes stake in Brazilian container port

CMG eyes stake in Brazilian container port

Chinese state-owned corporation China Merchants Group (CMG) is looking to spread its footprint in Brazil as the company is reportedly in negotiations to buy Advent International Corp’s 50 percent stake in TCP Terminal de Contêineres de Paranaguá SA, loc...
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China’s first quarter growth beats expectations at 6.9%

China’s first quarter growth beats expectations at 6.9%

(BBC) China’s economy grew by 6.9% in the first quarter of 2017, according to official figures. The growth rate, which compares expansion with the same three months in the previous year, was slightly higher than many economists had forecast. State-led...
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Turkey referendum grants President Erdogan sweeping new powers

Turkey referendum grants President Erdogan sweeping new powers

Turkish President Recep Tayyip Erdogan has narrowly won a referendum to expand presidential powers, which could keep him in office until 2029. With 99.45% of ballots counted, the “Yes” campaign had won 51.37% and “No” 48.63%, and the el...
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‘Imbibe the spirit of love, sacrifice, peaceful co-existence’

‘Imbibe the spirit of love, sacrifice, peaceful co-existence’

Lagos State Governor, Mr. Akinwunmi Ambode has called on Nigerians to collectively imbibe the spirit of love, sacrifice and peaceful co-existence. According to Ambode, it is only when such virtues exist that the nation can make meaningful progress. In his...
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Egypt, Nigeria, 10 others battle for YOG slots

Egypt, Nigeria, 10 others battle for YOG slots

Africa’s table tennis power houses – Egypt and Nigeria as well as 10 others will vie for the four slots available for Africa in the 2018 Youth Olympic Games (YOG) holding in Argentina. The teams – Egypt, Nigeria, Algeria, Tunisia,...
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Volkswagen to build new five-seat SUV

Volkswagen to build new five-seat SUV

By David Shepardson, Reuters –   Volkswagen AG plans to build another new SUV at its plant in Chattanooga, Tenn., as demand surges for larger vehicles, the German company’s top U.S. executive said on Wednesday. VW Group of America CEO Hinrich...
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North Korea ‘ready for nuclear attack’ amid show of force

North Korea ‘ready for nuclear attack’ amid show of force

(BBC) North Korea has warned the US not to take provocative action in the region, saying it is “ready to hit back with nuclear attacks”. The comments came as North Korea marked the 105th anniversary of the birth of its...
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FG, British Council train 40 Nigerian festival managers

FG, British Council train 40 Nigerian festival managers

The Minister of Information and Culture, Alhaji Lai Mohammed, said 40 Nigerian Festival Managers have been trained by the British Council on the management of festivals for economic gains, under the Memorandum of Understanding (MoU) signed by the Ministry and....
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