13th OPEC and non-OPEC Ministerial Meeting concludes The 13th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, has ended with many decisions targeted at making positive impact on the volatile oil market. In a statement obtained by The Daily, www.thedaily-ng.com, OPEC stated: “The Meeting, which reconvened following an initial round of discussions on 4 […]
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Global Economy to Expand by 4% in 2021; Vaccine Deployment and Investment Key to Sustaining the Recovery The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however, will likely be subdued, unless policy makers move decisively to tame the pandemic and
Temenos Infinity accelerates time-to-market for new products and deliver a seamless, multi-experience digital journey for its customers Arab Investment Bank selects Temenos Infinity to offer differentiated digital customer experience and grow digital customer base; Temenos Infinity enables Arab Investment Bank to bring new products to market faster, accelerate digital customer onboarding and increase front office
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SERAP drags FG to UN over arbitrary detention, torture of Sowore, others Socio-Economic Rights and Accountability Project (SERAP) has sent “an urgent complaint to the United Nations Working Group on Arbitrary Detention over the arbitrary detention, torture, and other ill-treatment of journalist Omoyele Sowore and four other activists simply for peacefully exercising their human rights.”
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OPEC daily basket price stood at $51.36 a barrel Monday, 4 January 2021, compared with $50.24 the previous Thursday https://www.opec.org/opec_web/en/press_room/6291.htm
COVID-19: Confirmed cases rise to 91,351 in Nigeria The confirmed Coronavirus pandemic cases in Nigeria have risen to 91,351, according to the Nigeria Centre for Disease Control, NCDC. It stated: “On the 4th of January 2021, 1204 new confirmed cases and 7 deaths were recorded in Nigeria. Till date, 91351 cases have been confirmed,
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Container ship suffers attack in the Republic of Congo Cargo ship was attacked at 0045 UTC Jan 4 at Pointe-Noire anchorage, Republic of Congo, according to FleetMon. It stated: “According to attack coordinates and ships’ positions, container ship NILEDUTCH BREDA (IMO 9612765, dwt 47200, capacity 3510 TEU) seems to be the ship which was
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How Iran seized Chemical tanker HANKUK CHEMI over ‘environment protection violations’ Chemical tanker HANKUK CHEMI, reportedly loaded with ethanol, on Jan 4, 2020 was seized by Iranian military in Strait of Hormuz, and taken to Bandar Abbas waters, Iran, under the pretext of “environment protection” violations, according to FleetMon. It stated: “As it later
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DPR sensitizes Sokoto residents on the safe handling of cooking gas THE Department of Petroleum Resources (DPR), has called on users and sellers of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, to strictly adhere to safety rules in the light of the harmattan season. Mr. Musa Zarumai-Tambuwal, the DPR
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OIL MARKET: 13th OPEC and non-OPEC Ministerial Meeting to reconvene on January 5, 2021 The 13th OPEC and non-OPEC Ministerial Meeting has been adjourned until tomorrow, Tuesday, January 5, 2021. The meeting, which will resume at 15:30 (Vienna time) tomorrow would enable the Organisation of Petr9oleum Exporting Countries, OPEC and others to find
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