Author name: Alison Godswill

MARITIME ACCIDENT: How Container ship capsized after collision off Ningbo

MARITIME ACCIDENT: How Container ship capsized after collision off Ningbo

MARITIME ACCIDENT: How Container ship capsized after collision off Ningbo By Our Correspondent A Container ship XIN YUAN LONG 6 collided with the sand carrier (no details) on the morning of July 17, shortly after leaving Ningbo, China, according to FleetMon. It stated: “Sand carrier sank. XIN YUAN LONG 6 suffered hull breaches or breaches, […]

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COLLABORATION: CBN, CBE sign MoU on Nigeria-Egypt FinTech Bridge

COLLABORATION: CBN, CBE sign MoU on Nigeria-Egypt FinTech Bridge

COLLABORATION: CBN, CBE sign MoU on Nigeria-Egypt FinTech Bridge By Eyo Nsima   The Central Bank of Nigeria, CBN and the Central Bank of Egypt, CBE, have signed a Memorandum of Understanding, MoU, targeted at establishing a Nigeria-Egypt FinTech Bridge. The MoU was signed during the just-concluded Seamless North Africa 2023 conference, which took place

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How Governor Adeleke commended First Bank for reopening Ede Branch

How Governor Adeleke commended First Bank for reopening Ede Branch

How Governor Adeleke commended First Bank for reopening Ede Branch By Eyo Nsima Osun State Governor, Ademola Adeleke, has commended the management of First Bank for rebuilding and reopening its branch in Ede, Osun state. Speaking at the inauguration of the strategically located branch Friday, he said: “The conditions responsible for the closing of Banks’

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NIGERIA’s HIGH FUEL PRICE: It’s not about NNPC but market fundamentals --- IPMAN

NIGERIA’s HIGH FUEL PRICE: It’s not about NNPC but market fundamentals — IPMAN

NIGERIA’s HIGH FUEL PRICE: It’s not about NNPC but market fundamentals — IPMAN By Eyo Nsima The national operations controller, Independent Marketers Association of Nigeria, IPMAN, Mike Osatuyi, said the high price of petrol in Nigeria does not have much to do with the NNPC Limited. According to him, the high price of the product

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NASENI Invites Producers of Lithium Batteries to Manufacture in Nigeria

NASENI Invites Producers of Lithium Batteries to Manufacture in Nigeria

NASENI Invites Producers of Lithium Batteries to Manufacture in Nigeria Receives Chinese delegation   The National Agency for Science and Engineering Infrastructure (NASENI) is calling on investors to collaborate with the Agency in local production and domestication of Lithium batteries among other renewable energy solutions.  The Executive Vice Chairman/CEO of NASENI Dr, Bashir Gwandu speaking

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Oil marketers start fuel importation --- NMDPRA

Oil marketers start fuel importation — NMDPRA

Oil marketers start fuel importation — NMDPRA By Eyo Nsima The hope for increased supply of petrol has emerged as oil marketers have embarked on importation. Before now, the product was mainly imported by the NNPC Limited and marketed by the major and independent oil marketers. But speaking at the stakeholders’ engagement with stakeholders in

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Oil theft: NUPRC sets up regulatory framework that will address oil revenue loss- Komolafe

Oil theft: NUPRC sets up regulatory framework that will address oil revenue loss- Komolafe

Oil theft: NUPRC sets up regulatory framework that will address oil revenue loss- Komolafe .Says commission is focused on prevention and elevation of transparency in the energy sector As part of the effort to stop oil theft and illegal financial flows in the country, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the

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MARITIME ACCIDENT: US Navy transport ship aground in Persian Gulf

MARITIME ACCIDENT: US Navy transport ship aground in Persian Gulf

MARITIME ACCIDENT: US Navy transport ship aground in Persian Gulf By Our Correspondent A United States Navy transport ship that ran aground in the Persian Gulf has been refloated, according to FleetMon. It stated: “Was refloated at around 0040 UTC Jul 16, taken to nearby Khalifa Bin Salman Port anchorage, anchored. Remained anchored as of

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