By Eyo Nsima Ademola Adeleke, has taken over as the governor of Osun state, Nigeria. The governor, who was sworn in, Sunday, November 27, 2022, said he will review decisions taken by past administrations in the state. Speaking at the inauguration, Adeleke, who alleged that his predecessor, Gboyega Oyetola, frustrated plans on ensuring a smooth […]
OSUN STATE: Adeleke mounts saddle as governor Read More »
By Dr. Muda Yusuf The Nigerian quarterly real GDP growth dipped to 2.25% in the third quarter of 2022, from 3.54% in the second quarter. This growth decline reflects the diverse headwinds that have been bedeviling the Nigerian economy. These headwinds include: the macroeconomic instability, heightening inflationary pressures, currency depreciation, foreign exchange illiquidity, surging energy
Nigerian quarterly real GDP growth dipped to 2.25% in the third quarter of 2022 Read More »
By Eyo Nsima Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of President Muhammadu Buhari over “the failure to probe the operations of illegal oil pipelines between 2001 and 2022, to name and prosecute those suspected to be involved, and to recover proceeds of crime.” The suit was filed by
SERAP takes Buhari govt to ECOWAS Court over illegal pipelines, oil theft Read More »
The Nigerian Communications Commission (NCC) has said the ongoing process to auction two additional lots in the 3.5GHz spectrum for Fifth Generation (5G) is part of efforts that will further democratise access to high-speed mobile broadband for all Nigerians. The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of NCC, Prof. Umar Danbatta, stated this in
Spectrum Auction will Democratize Broadband for Nigerians – Danbatta Read More »
By Our Correspondent A Product tanker B OCEAN is suspected to be missing in the Gulf of Guinea, according to FleetMon. It stated: “With all communications lost, since November 23, 2022, in the Gulf of Guinea, according to Trade Winds report.” It also stated: “Piracy reporting body Maritime Domain Awareness for Trade Gulf of Guinea
MARITIME: Korean tanker missing in Gulf of Guinea Read More »
By Our Correspondent Sempra Infrastructure and Conco Phillips have entered into a 20-year sale and purchase agreement for 5 million tonnes per annum(mpta) of LNG produced from Phase 1 of the proposed Port Arthur LNG project, according to FleetMon. It stated: “The Port Arthur LNG project is an upcoming LNG processing and export facility. The
Conco Phillips buys Stake in Sempra’s Port Arthur LNG Project Read More »
By Our Correspondent The first Floating Regasification and Storage Unit (FSRU) to be used in the Floating LNG terminal in Lubmin, arrived in Germany on 24th November, according to FleetMon. It stated: “This FSRU will become a part of the first and only privately financed LNG terminal, supplying LNG to Germany. While in Finland, UK-based
MARITIME: LNG Imports Take Hold in Germany and Finland Read More »
By Our Correspondent An alternative to the Panama Canal is being proposed by a Florida-based transportation and infrastructure company named Zergratran, according to FleetMon. It stated: “The company is seeking to raise $75 mn in funding to provide this alternative route for shipping containers. “The project, named Puerto Internacional Las Americas (PILA) will be an
MARITIME: Zergratran Raising $75 MN for an Alternative to the Panama Canal Read More »
More than 22 institutions in the country, comprising 18 universities, and six polytechnics, Micro, Small and Medium Enterprises (MSME), drawn evenly from the six geopolitical zones in the country, have benefited from a Federal Government’s broadband infrastructure projects designed to accelerate the Nigeria Digital Economy efforts. At the unveiling of the projects being driven by
22 Institutions, others set to enjoy N16.7bn Broadband Access Projects Read More »
The 2022 edition of the Angola Oil & Gas (AOG) (https://bit.ly/3tXSCcN) conference and exhibition – Angola’s premier event for the energy sector which runs from November 29 – December 01 in Luanda – will host a renewable energy-dedicated panel discussion where industry experts will explore ongoing market trends, investment opportunities and industry prospects as the country
AOG 2022 to Unlock Angola’s Renewable Energy Market Potential Read More »
