OPEC daily basket price
OPEC daily basket price stood at $81.86 a barrel Friday, 13 January 2023, compared with $80.73 the previous day https://www.opec.org/opec_web/en/press_room/7082.htm
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MARITIME: Resorts World to Restart Cruising in China
By Our Correspondent The newest cruise ship in the fleet of Resorts World named “RESORTS WORLD ONE” is to become the first Cruise ship to begin cruising in China after relaxation of covid restrictions, according to FleetMon. It stated: “The 75,338 gross ton RESORTS WORLD ONE was formerly known as the EXPLORER DREAM when it
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MARITIME: First Smart Electric Ship in South Korea to Begin Operations
By Our Correspondent The first next-generation smart electric ship in South Korea, “Ulsan Taehwa” is to begin operations, according to FleetMon. It stated: “The ship has been built by Hyundai Heavy Industries and will take tourist voyages from Ulsan along the Korean Coast. “Construction of the vessel started in October 2021 at the Hyundai Mipo
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MARITIME ACCIDENT: Ferry fire in Italy
By Our Correspondent A fire erupted on the cargo deck of the ferry LA SUPERBA at Palermo, on the night of January 14, 2023, presumably starting from a lorry, according to FleetMon. It stated: “184 passengers who were already on board, were evacuated, as well as understood, part of the 80 crew. “Many fire engines
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UPDATED: First Bank holds Nigeria’s Economic Outlook January 20, 2023
By Eyo Nsima First Bank of Nigeria has concluded plans to hold Nigeria’s Economic Outlook virtually on January 20, 2023. The event aims at enabling its customers and the public to make informed decisions as 2023 begins. In a message to its customers, the bank, stated: “As businesses and individuals, we often set goals ahead
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TWEAKING THE 2023 FINANCE BILL AND OPTIONS FOR UNLOCKING REVENUES IN 2023
We commend the President for withholding assent on the 2023 Finance Bill as this would allow for broader consultation, participation and inclusion in the legislative process. This is alsoin line with democratic standards of law making. Meanwhile, the CPPE has comments on some aspects of the bill as follows: IMPOSITION OF EXCISE DUTY ON ALL
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Cut outrageous N228.1bn NASS budget or face legal action, SERAP tells Lawan, Gbajabiamila
Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Ahmad Lawan, and Speaker of the House of Representatives, Femi Gbajabiamila, to “promptly cut the outrageous National Assembly budget of N228.1bn, including the N30.17bn severance payments and inauguration costs for members (the highest ever).” SERAP urged them to “propose a refreshed budget for the
First Bank holds Nigeria’s Economic Outlook January 20, 2023
By Eyo Nsima First Bank of Nigeria has concluded plans to hold Nigeria’s Economic Outlook virtually on January 20, 2023. The event aims at enabling its customers and the public to make informed decisions as 2023 begins. In a message to its customers, the bank, stated: “As businesses and individuals, we often set goals ahead
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Nigeria: In Borno, 4-Month Cholera Outbreak is Over
Residents of Borno State can finally heave a sigh of relief as the state government recently declared the cholera outbreak over. The state recorded 12,496 confirmed cases with 394 deaths (confirmed 288, suspected 106) from (17 September 2022 to 23 December 2022) in 17 out of 27 Local Government Areas (LGAs). The State Director of
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NNPC Set to Spud First Oil Well in Nassarawa State
In continuation of its oil exploration activities in the Country’s inland basins, the NNPC limited is set to spud the first oil well in Nassarawa state in March 2023. The Group Chief Executive Officer of the Company, Mallam Mele Kyari, who disclosed this when the Governor of the State Engr. Abdullahi Sule led a delegation
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