MARITIME ACCIDENT: MSC container ship catches fire By Our Correspondent It has been confirmed that it was MSC RITA on fire on June 6, 2023, according to FleetMon. It stated: “The ship arrived at Dubai late Jun 4, left Dubai in the morning June 5, 2023, bound for Abu Dhabi, was anchored probably after fire, […]
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JUST IN: Depots owners pledge support, set agenda for President Tinubu’s govt By Eyo Nsima The Chairman of Depots and Petroleum Products Marketers Association of Nigeria, DAPPMAN, Dame Winifred Akpani, has tasked the President, Bola Tinubu, to adopt measuring capable of ending the fuel crisis while achieving stability in Nigeria’s downstream sector. Akpani, who visited
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FUEL SUBSIDY: What Nigeria’s President Bola Tinubu should do By Dame Winifred Akpani We thank our president most graciously for the opportunity to meet so early in his administration. We congratulate you most sincerely on your resounding victory following the general elections. We are here today, to express our unwavering support for your administration. Our
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OIL MARKET UPDATE: Prices leap on account of China’s huge imports By Eyo Nsima Crude oil prices rose, Wednesday, following the appearance of data indicating that oil imports from China, a very fast growing economy, increased in May 2023 from the relatively low level recorded in April. The data obtained by The Daily, www.thedaily-ng.com indicated that China’s
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NNPCL/CNL JV presents National University Scholarship Awards By Eyo Nsima A great opportunity has opened for University students as the NNPCL/CNL Joint Venture presents its National University Scholarship Awards. E-applications are currently invited from full-time, SECOND YEAR (200 LEVEL) Accountancy, Agricultural Science, Architecture, Business Administration/Economics, Computer Science, Environmental Studies/Surveying, Geology/Geophysics/Geo Informatics, Law, Mass Communication/Journalism, Engineering,
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Breaking: NLC, TUC suspend strike against President Tinubu-led administration By Eyo Nsima The Nigeria Labour Congress, NLC and Trade Union Congress, TUC have suspended their planned strike against the President Boloa Tinibu-led administration. This was disclosed by the Speaker of the House of Representatives and Chief of Staff to the President, Femi Gbajabiamila. Speaking after
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SIX YEARS ON: DANGOTE STILL “MOST ADMIRED BRAND” IN AFRICA …2nd in Sustainability brand in Africa among top 100 brands For the sixth consecutive year, the Dangote brand has been adjudged as the Most Admired African Brand among top 100 brands in the continent. Dangote, as the most Admired African when respondents are prompted to recall
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JUST IN: Oil price hits $77.16 per barrel as OPEC+ meets in Vienna By Eyo Nsima The price of Brent has risen to $77.16 per barrel, from $75 per barrel in the international market as the Organisation of Petroleum Exporting Countries and its allies, popularly known as OPEC+ meet in Vienna, Austria. The prices of
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OIL MARKET: Saudi Arabia, Russia, Iraq to produce 38.9% of OPEC+ over 40 mb/d in 2024 By Eyo Nsima The Organisation of Petroleum of Petroleum Exporting Countries, OPEC and its allies, popularly known as OPEC+, Sunday, resolved to produce over 40 million barrels per day, mb/d from January 2024. Three nations – Saudi Arabia, Russia
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NCF sets to Provide Practical Solutions to Plastic Pollution As the world continues to battle a global disaster of plastic pollution, Nigeria not being left out of the trouble, the Nigerian Conservation Foundation (NCF), the foremost environmental NGO in Nigeria, is ready to provide practical solutions to this critical menace through simple and adaptable eco-friendly
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