Regional

Nigeria has been recognized globally as a reputable maritime nation with over 8,000 kilometers of navigable inland and coastal channels, as well as its fresh water lakes. However, it is struggling to strengthen its maritime sector with modern maritime...

President Muhammadu Buhari has nominated Akinwunmi Adesina for a second term as the president of African Development Bank (AfDB), according to The Cable. Adesina made this known on Sunday while receiving the Emeka Anyaoku lifetime achievement award presented...

African carriers have recorded a 3.8 per cent surge in freight demands amid a 4.8 per cent slump in global demand, according to a report by the Guardian. The African region was the only one to report growth in...

...offers shareholders $69m as dividend The African Export-Import Bank (Afreximbank), at its yearly general meetings in Moscow, at the weekend, unveiled a $276 million net profit in 2018 financial year, even as shareholderd adopted its proposal of $69 million as...

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (middle) the Secretary General, the Port of Douala, Cameroon, Onana Ndoh Lin Dieudonne (3rd from left) and other Cameroonian delegates including other Top Management of the NPA during...

Libya’s National Oil Corporation says production is to resume within hours at the southwestern Sharara oil field after control was retaken from an armed group last month. The militia’s blockade had cost the state oil company around $1.8 billion in...

outh Africa has deposited its instruments on the ratification of the African Free Continental Trade Area (AfCFTA), on the sidelines of the 32nd Ordinary Session of Assembly of the African Union, in Addis Ababa, Ethiopia. The development came after the...

AIG Tunji Alapini (rtd) made this stunning remark at the just concluded Association of Industrial Security and Safety Operators (AISSON) conference 2018 which took place at the Nigeria Institute of International Affairs, Victoria Island, Lagos. The theme of the security...

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has called on the International Maritime Bureau (IMB) to ensure fairness and balance in its reportage of piracy issues on Nigeria’s territorial waters. Peterside regretted what he described...

South Africa, the second biggest economy, has exited one of the shortest recessions on the continent, ahead of the 2019 election. In September, it was reported that the economy fell into a technical recession, after recording two consecutive quarters of...