The recent graduation of 11 Nigerian Marine Engineers at the South Shields Marine School, New Castle, United Kingdom under the Nigerian Seafarers Development Programme (NSDP), marks a turning point in Nigeria’s efforts at building a pool of seafarers both for export and local industry....

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on yesterday urged the Federal Government to review its decision to sell the nation’s refineries. PENGASSAN’s National Public Relations Officer, Oluwaseyi Gambo, told the News Agency of Nigeria that government should fast-track the passage...

The Federal Executive Council (FEC) on Wednesday approved the first ever Deep Sea port in Nigeria to cost over N216 billion ($1.354 billion) The Minister of Information, Labaran Maku and his Transport counterpart, Idris Umar disclosed this while briefing State House correspondents at the end...

The federal government yesterday conceded that a whopping N65.23 billion was lost to tax exemptions and waivers granted to some companies, ministries and state governments between 2012 and 2013. Information released by the Federal Ministry of Finance indicated that Shell Petroleum Development Company Nigeria Limited,...

The Banker magazine, a publication of Financial Times of London, has named Zenith Bank Plc, the “Bank of the Year Nigeria 2013” at an award ceremony held at the Intercontinental Park Lane Hotel, London. The award ceremony, which was attended by leading personalities and institutions...

Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi spoke at the weekend of the qualities expected of his successor. Sanusi, due to step down as CBN boss in June, said whoever will be picked by President Goodluck Jonathan to take over at the apex...