MARITIME ACCIDENT: Collision at Valdez Marine Terminal Alaska An accident involving crude oil tanker and tug took place at Valdez Oil Terminal Alaska, on Jan 11, details of an accident having been released on Jan 19, 2021, according to FleetMon. It stated: “Crude oil tanker POLAR ENDEAVOUR was about to leave terminal after she completed […]
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COVID-19: Singapore vaccinates 10,000 maritime workers Singapore has always been at the forefront of nations that have an economy based almost entirely on the maritime industry, according to FleetMon. It stated: “Leading the way for other nations, the small South-Asian Island has shown what it takes to be a true maritime nation by starting
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Donald Trump bows out from White House The outgoing President of the United States, US, Donald Trump, has left the White after a controversial one-term tenure in office. Trump, whose supporters were seen protesting in some parts of the nation, was spotted leaving with his wife, Melania, leaving the White House. However, Joe Biden has
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Oil Market: Prices rise to $56.31 on US President inauguration THE prices of many crudes have risen in excess of $56.31 in the global market because of the expectation that the United States, President-elect Joe Biden, would ‘act big’ in fighting the Coronavirus pandemic. The COVID-19 has culminated in the reduction of economic and other
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The African Development Bank administers the ABABI, a family of African bond indices launched in February 2015 and calculated by the independent, global index provider Bloomberg The African Development Bank has announced the addition of two new countries – Mauritius and Morocco – to its Bloomberg African Bond Indices (ABABI), marking a steady progress in
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Combined funding commitment of GBP 2.8 million (USD 3.6 million) over five years Project Africa GRADIENT calls on local researchers to submit proposals exploring the link between genetic diversity and response to malaria and tuberculosis drugs in African patients; combined funding commitment of GBP 2.8 million (USD 3.6 million) over five years; researchers based at
Kyari mourns Festus Marinho, pioneer MD of NNPC …Says His Achievements Will Be Beacon of Inspiration for Generations The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has lamented the death of the pioneer Managing Director of the Corporation, Chief Festus Remi Ayodele Marinho. A press release by the Group
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Afreximbank will facilitate payments by providing advance procurement commitment guarantees of up to US$2 billion to the manufacturers on behalf of the Member States Following the announcement by the African Union Chairperson, President Cyril Ramaphosa on the 14th of January 2021 that the African Union has secured a provisional 270 million COVID-19 vaccine doses for
Especially in times of crisis, legal departments question their cooperation with external law firms and look for flexible, efficient and timely solutions for legal issues The corona pandemic is causing turmoil worldwide and has had a massive impact on economic activity. Internal legal departments are therefore facing new challenges. On the one hand, companies are
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IGR: How FG tax revenue rises to N4.9trn The Federal Inland Revenue Service (FIRS) said it collected N4.952 trillion in total tax revenue in the year 2020. In a statement obtained by The Daily, http://www.thedaily-ng.com, FIRS’ Director of Communications and Liaison, Mr. Abdullahi Ahmad, said that the figure represented approximately 98 per cent of the national tax
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