New WEF African Global Leaders to Get Aliko Dangote Fellowship Eleven young enterprising Africans, among them two Nigerians, who have been named Young Global Leaders (YGL) by the World Economic Forum (WEF) for 2021, are to benefit from the Aliko Dangote Fellowship endowed to support African Young Global Leaders. The beneficiaries are among 112 persons […]
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The Minister Of State For Petroleum Resources, Chief Sylva Tmipre, Has Performed The Groundbreaking Of the Rungas Cylinder Plant. The facility alongside its sister plant – Rungas Prime in Polaku, Bayelsa State are being developed with equity investments by the Nigerian Content Development and Monitoring Board (NCDMB) and will on completion have a combined capacity
OPEC Daily Basket – March 15, 2021 OPEC daily basket price stood at $68.18 a barrel Monday, 15 March 2021, compared with $68.14 the previous Friday https://www.opec.org/opec_web/en/press_room/6291.htm
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Why we are promoting Modular Refineries, a new vision for Niger Delta – Osinbajo The integration of artisanal and modular refinery operators into the mainstream oil and gas sector promotes the inclusion of more local content in the industry and advances the use of home-grown technology in the refining of petroleum products, according to
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Pressure on food prices spikes inflation to 17.3% — NBS By Eyo Nsima THE National Bureau of Statistics, NBS, has disclosed that the pressure on food prices has triggered a further rise in inflation to 17.3 percent in February this year. This represents a 0.86 percentage point rise when compared to 16.47 percent recorded in the previous month. Also,
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We still need to recover N69.51bn, $5.31bn from oil industry operators- NEITI By Eyo Nsima The Nigeria Extractive Industries Transparency Initiative, NEITI, has expressed its determination to recover revenues amounting to N69.51 billion and $5.31 billion from oil and gas operators in Nigeria. The Executive Secretary, Nigeria Extractive Industries Transparency Initiative, NEITI, Dr. Orji Ogbonnaya Orji, who disclosed this during his maiden
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HEALTH INSURANCE: Sterling Bank backs Cross River State Alison Godswill Determined to boost health insurance in Cross River State, popularly known as Ayade Care, Sterling Bank Plc has assured the State of its support. In a statement by The Daily, www.thedaily-ng.com, the Divisional Head, Education and Health sectors, Sterling Bank, Mr. Obinna Ukachukwu, stated: “The state’s pragmatic approach to the issue of health insurance is commendable as
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BANKS: Customers to pay N6.98 kobo for USSD transactions – CBN, NCC By Eyo Nsima THE Central Bank of Nigeria, CBN, and the Nigerian Communications Commission (NCC), have concluded plans for bank customers to pay N6.98 kobo per Unstructured Supplementary Service Data (USSD) transactions commencing today. The CBN, and NCC, also stated that the suspension of banks from USSD platforms has
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Filipino Captain of Greek Panamax bulk carrier died on board during voyage A 62-year old Filipino Captain of bulk carrier IVESTOS died on board on Mar 13, while the ship was en route from Lubuk Indonesia, Kalimantan, to Masinloc, northwest Luzon, Philippines, reported SunStar Zamboanga News Agencysunstar.com.ph, according to FleetMon. It stated: “At the
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DRUG TRAFFICKING: Cocaine worth $70m seized in Australia Over 200 kilograms of cocaine have been seized by Australian authorities in the Sydney port area. The shipment was allegedly being smuggled onboard an MSC container ship, according to FleetMon. It stated: “The operation involved multi-agency cooperation, which was slated to track and apprehend the drugs
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