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How Africa Loses Over $10bn To Chinese, EU Fish Pirates Looting Its Seas

By 'Dotun Akintomide in Lagos-Nigeria and PATRICK MAYOYO in Kenya On the pretext of fishing in international waters, fleets of vessels from China and some...
Business

Revealing Comments As FPSO Explosion Reportedly Kills 10 In Escravos, Messes N’Delta [Video]

Wednesday’s explosion of a Floating Production, Storage and Offloading Vessel called Trinity Spirit FPSO, in Ugborodo (Escravos) offshore location has caused stir across social...
Business

NAGAFF Seeks 14-day Demurrage Free Period For Containers

The National Association of Government Approved Freight Forwarders (NAGAFF) is a seeking 14-day demureage-free period for containers from shipping companies. The National Coordinator of the...
Headline

Southern Governors: Why We Jointly Backed VAT Collection By States

The Southern Governors have expressed their full support for states to have exclusive rights to the collection of Value Added Tax (VAT) paid on...
Business

NIMASA To Train 250 Cadets For Maritime Industry

The Nigerian Maritime Administration and Safety Agency (NIMASA), has said it will train 250 Nigerian cadets as part of its mandate to develop capacity...
Business

Global Excitement As Suez Canal Reopens With Ship Fully Refloated

With Agency Report -- There was excitement in the global shipping industry, Monday, as traffic through Egypt’s Suez Canal resumes after a giant container...
Business

Nigeria’s Foreign Capital Import Plummets

By Hamilton Nwosa(Head, The New Diplomat’s Polling, Research & Data desk) The total value of capital importation into Nigeria has plummeted from $23.9 billion in...
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