Author name: Alison Godswill

Nigeria enters the worst recession as GDP drops by 3.62% in Q3’20

Verdant Capital receives Independent Advisory Firm of the Year – Pan Africa – in the prestigious Africa Global Funds awards, 2020

Verdant Capital completed transactions in most major sectors of the economy including, financial services, financial technology or “fintech”, telecoms and agro-business Africa Global Funds, the leading industry journal covering private equity and other asset classes across Africa, awarded this accolade to Verdant Capital in recognition of the firm’s major transaction volumes in 2020 across M&A […]

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African Development Bank appoints Gauthier as Director and Special Advisor in the Office of the President

Africa Free Trade Agreement: President Adesina receives award for strong leadership and support

Boshe, a patron of the AeTrade Group, thanked the awardees for their strong leadership in the process that led to the African Continental Free Trade Area coming into force African Development Bank President Akinwumi A. Adesina and 10 African Heads of State and Government were on Friday honoured for their leadership in the African Continental

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CNL decries the circulation of false recruitment information

No oil spill from our facilities — Chevron

No oil spill from our facilities — Chevron Chevron Nigeria Limited, a leading International Oil Company, IOC, has debunked rumors of the oil spill in Bayelsa State, Nigeria. In a statement obtained by The Daily, http://www.thedaily-ng.com, the company stated: “Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL

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Total completes sale of its interest in OML 17, Nigeria

Total completes sale of its interest in OML 17, Nigeria Total has completed the divestment of its 10% interest in onshore Oil Mining Lease (OML) 17 to the Nigerian company TNOG Oil & Gas Limited, a related company of Heirs Holdings Limited and of Transnational Corporation of Nigeria Plc (Transcorp), for about $180 million, out

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ANGOLA: Total  begins production from Zinia phase 2, developing Block 17

Total to acquire Adani’s 25 interest in the largest solar developer in the world

Total to acquire Adani’s 25 interest in the largest solar developer in the world Total has announced the acquisition of a 20 percent minority interest in Adani Green Energy Limited (AGEL) from Adani Group. The transaction marks the deepening partnership between the Adani Group – India’s leading infrastructure platform – and Total, in the transition

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ELECTRICITY DISPUTE: NERC hears BEDC, Asaba Distribution Limited dispute January 19

ELECTRICITY DISPUTE: NERC hears BEDC, Asaba Distribution Limited dispute January 19 By Eyo Nsima The Nigerian Electricity Regulatory Commission, NERC, has concluded plans to commence a hearing on a dispute involving Benin Electricity Distribution Plc, BEDC, and Asaba Distribution Limited in Abuja. According to NERC, “The petition filed by Benin Electricity Distribution Plc (BEDC) against the application of Asaba Distribution Limited (ADL) for

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JUST IN: Japan, China, Korea, Mexico remain Australia’s major LNG destinations

JUST IN: Japan, China, Korea, Mexico remain Australia’s major LNG destinations   Four countries – Japan, China, Korea, and Mexico remain Australia’s major Liquefied Natural Gas, LNG destinations, according to Energyquest’s report. According to the report obtained by The Daily, www.thedaily-ng.com, “Japan once again was Australia’s top export destination with 30.3 Mt (38%) of Australian export volume,

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COVID-19: Confirmed cases rise to 191,805 in Nigeria

COVID-19: Confirmed cases now 108,943 in Nigeria

COVID-19: Confirmed cases now 108,943 in Nigeria   The confirmed cases of Coronavirus pandemic have risen to 108,943, according to the Nigeria Centre for Disease Control, NCDC. It stated: “On the 16th of January 2021, 1598 new confirmed cases and 7 deaths were recorded in Nigeria. Till date, 108943 cases have been confirmed, 85367 cases have

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LNG emerges preferred fuel in maritime sector --- Report

LNG: How Australia exported 78.0 MT 2020 — Report

    LNG: How Australia exported 78.0 MT 2020 — Report By Eyo Nsima   Australia, a leading Liquefied Natural Gas, LNG nation exported 78.0 MT of LNG in 2020, according to a report by EnergyGuest. The report obtained by The Daily, www.thedaily-ng.com, stated: “EnergyQuest estimates that Australia exported a record 78.0 Mt of LNG in 2020,

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How 5 stowaways, 1.5 ton of cocaine found on board of container ship

How 5 stowaways, 1.5 ton of cocaine found on board of container ship   Container ship DUSSELDORF EXPRESS was approached by rubber boat on Jan 9, while the ship was drifting off Cartagena, Colombia, Caribbean, waiting for clearance to enter port, according to FleetMon. It stated: “The bridge spotted the boat and alerted the authorities.

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