Business Hilights

Tracking Nigeria's Headline Business News Online

Maersk Shipping

Nigerian importers kick against surcharge on Cargoes by foreign shippers

…Says surcharge is economic sabotage, insensitive, says Shippers’ Council Tension is mounting at the nation’s sea ports where importers who are groaning under huge surcharge imposed on them by the international shipping firms on cargoes imported from across the world…

Total plans to deepen industry stake, to buy Maersk Oil for $7.45bn

As part of its global industry consolidation plan, French oil giant Total said on Monday, that it would buy Maersk Oil, a unit of the Danish shipping giant A.P. Moller-Maersk, for $7.45 billion. Details from the company show that the…