OPEC Daily Basket – January 26, 2021 OPEC daily basket price stood at $54.87 a barrel Tuesday, 26 January 2021, compared with $54.85 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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NNPC wins New Telegraph’s Award for Transparency The efforts of the Mallam Mele Kyari-led Management of the Nigerian National Petroleum Corporation (NNPC) to entrench the culture of transparency in the system have begun to receive recognition with the Corporation named as the “Government Agency of the Year 2020 (Transparency)” by the New Telegraph Newspaper.
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ONLINE CRASH: UNILAG admonishes students on use of platform By OUR CORRESPONDENT Following the collapse of its online platform, the University of Lagos has admonished students on proper usage, targeted at achieving efficiency. In a notice to the students, the Head of the Information Unit, Mrs. Olufadeke Akinleye, on Tuesday, stated: “Observations from day one
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FG names Pre-shipment inspection, monitoring agents for non-oil exports The Federal Government has named three Pre-shipment Inspection Agents and two Monitoring and Evaluation Agents to manage Pre-shipment Inspection operations in non-oil Exports. In a circular released in Abuja, the Central Bank of Nigeria, CBN, directed all authorised dealers, Nigeria Custom Service, Nigerian Export Promotion Council, Nigeria Ports
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Central Bank of Nigeria holds benchmark lending rate at 11.5% The Central Bank of Nigeria, CBN, has held its benchmark lending rate at 11.5 per cent at its first interest rate meeting of 2021, as it battles to combat rising inflation and a recession. According to Reuters, Governor Godwin Emefiele said all 10 members
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COVID-19: CBN cautions FG against another lockdown By Eyo Nsima As the Federal Government to tackle the Corovarus pandemic, the Central Bank of Nigeria, CBN, has warned against imposing another total lockdown, arguing that it would impact negatively on the nation’s economy. The CBN Governor, Godwin Emefiele, who disclosed this in a communique issued at
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President Buhari appoints new military chiefs in Nigeria After many years of criticism over insecurity in Nigeria, President Muhammadu Buhari has appointed new military chiefs to tackle insecurity in the nation. While announcing the new chiefs, President Buhari thanks the outgoing Service Chiefs for what he calls their ‘overwhelming achievements in our efforts at
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Jeff Bezos names rocket landing ship after his mother Rechristening the ro-ro ferry Stena Freighter, Amazon kingpin Jeff Bezos named the newly refurbished rocket landing platform after his mother, Jacklyn Bezos, according to FleetMon. It stated: “Just like its rival company, SpaceX, Jeff Bezos’ Blue Origin plans to land rockets on drone ships, with the
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CORSICA LINEA ferry contacted bottom, breached hull, water ingress in Bastia, France Ferry PAGLIA ORBA serving Bastia Corsica – Marseille line, France, contacted bottom while entering Bastia port in the morning Jan 25, sustaining at least two hull breaches with ensuing water ingress, according to FleetMon. It stated: “Fire engines pumps and divers were
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Biden’s Administration will usher in a new dispensation global economy from trade, investment, foreign policy, international cooperation, environmental protection, and security — LCCI By Eyo Nsima The Lagos Chamber of Commerce and Industry, LCCI, has expressed hope on the ability and capacity of the United States Biden’s Administration to usher in a new dispensation for the global economy from
