NNPC intervention restores production of 275,000 bpd By Eyo Nsima The Nigerian National Petroleum Company Limited, NNPCL, has succeeded in restoring the production of 275, 000 barrels of oil per day, bpd following the resolution of conflict between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior […]
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MARITIME: US Government Commits $125m to rebuilding Elefsina Shipyard in Greece By Our Correspondent The U.S. federal government has approved a $125 million loan to facilitate the revitalization and modernization of the ELEFSINA SHIPYARD, located in Elefsina Bay, Greece, according to FleetMon. It stated: “The financial support is extended through the U.S. International Development
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SPDC JV sets up Centres of Excellence to drive manpower development in oil industry The Shell Petroleum Development Company (SPDC) of Nigeria Limited operated Joint Venture has built and handed over a Centre of Excellence in Geosciences and Petroleum Engineering to the University of Benin, as part of efforts to encourage manpower development in
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Identify, arrest sponsors of electoral offences in Bayelsa, Kogi, Imo, SERAP tells INEC Socio-Economic Rights and Accountability Project (SERAP) has urged Professor Mahmood Yakubu, the Chairman of the Independent National Electoral Commission (INEC) “to promptly establish a joint, credible, transparent, effective, and broad-based investigation into allegations of electoral bribery and violence in the off-cycle
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Maritime: How 2 Russian Navy landing crafts damaged or destroyed in Crimea By Our Correspondent During November 9-10, 2023 night Ukrainian Navy drones attacked Russian Black sea Fleet landing crafts in Crimea, damaging or destroying 2 crafts with troops and armored vehicles on board, according to FleetMon. It stated: “No official Russian statement yet
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Afreximbank announces $1-billion African Film Fund The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is working on the establishment of a $1-billion African Film Fund to be launched in 2024 to support the continent’s film industry, Kanayo Awani, Executive Vice President, Intra-African Trade Bank, at Afreximbank, announced in Cairo today. Addressing the opening of the 2023
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Afreximbank announces 71 Sponsors of Intra-African Trade Fair 2023 The African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has released an impressive list of 71 sponsors of the third Intra-African Trade Fair (IATF2023), Africa’s premier trade and investment event, taking place
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NNPC Foundation Trains Youths Corps Members on Financial Literacy In its bid to build the capacity of youth towards making them employers of labour, the NNPC Foundation, in partnership with Kudimata Nigeria Limited, a financial education outfit, have trained the Batch C members of the National Youth Service Corps (NYSC) in basic financial literacy skills.
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Agencies remitted N14.38trn to the Federation Account in Two Years – NEITI By Eyo Nsima The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal government revenue generating agencies remitted a total of about ₦14.38 trillion as revenue from the extractive sector to the Federation Account (FA) between January 1, 2020 and December 31,
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Sahara Group Foundation Donates Medical Equipment to UBTH to enhance healthcare delivery Sahara Group Foundation, the Personal and Corporate Social Impact vehicle of Sahara Group, has reaffirmed its dedication to healthcare improvement by donating state-of-the-art medical equipment to the University of Benin Teaching Hospital (UBTH) in Edo State, Nigeria. The donation is a fulfilment
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