PIA: Spaces for Change, NEITI, NUPRC, others task communities on Host Community Development Trusts By Eyo Nsima The Executive Director, Spaces for Change, S4C, Victoria Ibezim-Ohaeri, has urged communities to embrace opportunities offered by Nigeria’s Petroleum Industry Act, PIA, in order to achieve sustainable development. She said unlike in the past when communities were denied […]
Nigeria Hosts 54 Countries, others to Africa Internet Governance Forum 2023 Nigeria is set to play host to 54 African nations and other continental Internet governance stakeholder blocs at the 2023 Africa Internet Governance Forum (AfIGF 2023) in Abuja from 18th to 21 September, 2023. This year’s event, being the 12th edition of the annual
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FINANCE: Afreximbank signs MOU with UAE Trade Center to promote TRADAR Club The African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding, MOU with the United Arab Emirates, UAE Trade Center, to promote the TRADAR Club solution in the market. The Cooperation Agreement, signed between Afreximbank and the UAE Trade Center on the
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MARITIME ACCIDENT: Caravan breakthrough at Black sea in Japan By Our Correspondent A Japanese Capesize bulk carrier OCEAN COURTSEY with 172,000 tons of iron ore concentrate (destination Constanta Romania), and Greek bulk carrier ANNA THERESA with 56,000 tons of pig iron (destination Varna Bulgaria), according to FleetMon. It stated: “Japanese Capesize bulk carrier OCEAN COURTSEY
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MARITIME: Global accidents drop 20.7% to 65 By Our Correspondent The number of accidents dropped by 20.7 per cent to 65 in August 2023, from 82 in the corresponding period of 2022, according to FleetMon. The accidents also culminated in ship lost and fatalities. .Details below Month Year Nu. of accidents Nu. Of ships lost Fatalities
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OIL MARKET: Anxiety as prices surge to $90.92 per barrel By Eyo Nsima The prices of crudes have surged to $90 per barrel in the international market, due mainly to inventory concerns in the United States. Specifically, the price of Murban, Brent and Bonny Light hit $90.92, $88.65 and $88.35 per barrel over falling inventory
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Nigerian Telecoms Sector home to 2 valuable listed firms with over N10.45trn market capitalization By Prof. Umar Garba Danbatta It gives me a great pleasure to give this address at the second edition of the Nigerian Telecommunications Indigenous Content EXPO (NTICE 2023), the only telecom event in Nigeria that is solely focused on Indigenous Content
CORPORATE UPDATE: Moshood Olajide now Ardova Plc’s MD as Olu Adeosun bows out By Eyo Nsima THE Board of Directors, Ardova Plc’s (AP), has appointed Moshood Olajide as the new Managing Director of the company as Olu Adeosun, Chief Executive Officer (CEO) resigns. In a statement obtained by The Daily, www.thedaily-ng.com, Ardova Plc, stated: “Ardova
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ELECTRICITY: TCN records Milestone Achievement as Nigerian Power Grid Maintains Uninterrupted Stability for Over 400 Days In an extraordinary milestone achievement, the Nigerian power grid has recorded an unparalleled period stability in the history of the power sector, operating without any major disruptions or systems collapse for an impressive span of 400 consecutive days
Telecoms Sector amongst biggest contributors to Nigeria’s socio-economic growth — Prof Danbatta By Eyo Nsima The Executive Vice Chairman, Nigerian Communications Commission, Prof. Umar Garba Danbatta has identified the telecoms sector as one of the leading drivers of socio-economic growth in Nigeria. Speaking at the second edition of the Nigerian Telecommunications Indigenous Content EXPO
