Author name: Godswill Odiong

Nigerian Super Resurs Emerges Best West African Lubricant Brand

…Beaten Foreign Lubricant Products in the market Despite the harsh macro-economic situation of Nigeria, some indigenous organisations are weathering the storm to manufacture brands and products that can compete favorably and be regarded as best in the global market. One of such companies is Lubcon Limited whose premium brand SUPER RESURS international oil has emerged […]

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NNPC, Sahara Group deliver 24-hour Electricity to Ajoki Community in Edo State

Socio-economic growth prospects in Ajoki community, Edo State, have soared following the delivery of uninterrupted power supply to the community by Enageed Resource Limited, a Sahara Group upstream company and the Nigerian National Petroleum Corporation Limited (NNPCL) Available to tens of thousands of beneficiaries, the Enageed Resource Ajoki Gas-to-Power project generates a combined capacity of

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GULF OF GUINEA: Nigeria seeks release of MV HEROIC IDUN for investigation --- Nigerian Navy

MARITIME: Greenpeace Joins Movement to Block Installation of FSRU in Italy

By Our Correspondent Greenpeace has joined the City of Piombino and the World Wildlife Federation (WWF) in their efforts to block the installation of a Floating Storage and Regasification Unit (FSRU) at the PIOMBINO’s seaport, according to FleetMon. It stated: “The opponents argue that the installation could potentially harm the marine ecosystem. “Government has approved

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JUST IN: Celebration as Research ship POLARSTERN arrives in Bremerhaven

MARITIME: Carnival Corporation Sells Its 24th Vessel since Pandemic

By Our Correspondent Carnival Corporation has sold its COSTA MAGICA, marking the 24th ship to be sold by the company since the start of the pandemic, according to FleetMon. It stated: “The ship’s AIS signal now reflects its new name, “MYKONOS MAGIC”, and its registry has been changed to Bermuda, indicating a change in ownership.

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US warship traversed Taiwan Strait amidst Chinese threat

MARITIME: Holland America’s Cruise Ship Itinerary Changed Due to Propulsion Issues

By Our Correspondent The itinerary for Holland America’s cruise ship, the NIEUW AMSTERDAM was altered due to propulsion problems that limited the ship’s speed, according to FleetMon. It stated: “The safety of the ship and its guests is not at risk, and they have been compensated for any inconvenience. “The 7-night cruise, scheduled to sail

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Petrol shortage: FG shuts 7 depots for selling above N148 per litre

Petrol shortage: FG puts pump price at N184 per litre

By Eyo Nsima The Federal Government has put Nigeria’s petrol pump price at N184 per litre. The Minister of State for Petroleum Resources, Chief Timpre Sylva, disclosed this while inspecting petrol stations in Lagos Friday. He said that an interministerial intervention initiated by the Federal Government has set out to ensure proper management of petrol

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AfDB

African Development Bank Appoints Abdourahmane Diaw as Country Manager for Egypt

The African Development Bank has appointed Abdourahmane Diaw as Country Manager for its Egypt Country Office, effective 1st November 2022. Diaw, a Senegalese national, brings more than 28 years of experience in the implementation of development programs and projects. These range from identification to evaluation, supervision and monitoring of programmes, to projects, monitoring the performance

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OPEC daily basket price stood at $61.70 a barrel

OPEC Fund supports critical infrastructure in Africa with $50m loan to Africa Finance Corporation

The OPEC Fund for International Development (the OPEC Fund) and Africa Finance Corporation (AFC) has signed a US$50 million loan agreement to finance the development of infrastructure critical to economic growth and job creation across the continent. The proceeds of the 10-year loan will be used to improve connectivity, transport, logistics, and trade and to

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New cholera cases in Africa surging fast, reaching a third of 2022 total in a month

Africa is witnessing an exponential rise in cholera cases amid a global surge. Cases recorded on the continent in the first month of 2023 alone have already risen by more than 30% of the total caseload reached in the whole of 2022. An estimated 26 000 cases and 660 deaths have been reported as of

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

African Energy Chamber Endorses the Namibia International Energy Conference 2023

The African Energy Chamber (AEC) – the voice of the African energy sector – endorses and supports this year’s edition of the Namibia International Energy Conference, which takes place on 25-27 April in Windhoek, Namibia. Taking place under the theme ‘Shaping the Future of Energy Towards Value Creation’ the 5th edition of the Namibia International

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