May 16, 2026
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Author name: Godswill Odiong

NCC, NLRC inaugurate committee to strengthen consumer protection

Leave a Comment / The Nation /

The Nigerian Communications Commission (NCC) and the National Lottery Regulatory Commission (NLRC) on Thursday in Abuja set up a committee to work towards the protection of the interest of telecom consumers against malpractices that may attend mobile lotteries in the country. The Committee, which was inaugurated at the NCC Head Office in Abuja, was tasked […]

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East Africa’s energy future shines bright – investors watching

African Upstream Finance: Ahead of Africa Oil Week, Silver Sponsor Herbert Smith Freehills (HSF) shares its expertise

Leave a Comment / Oil & Gas /

By William Breeze and Thomas Bethel At first glance, one would expect African upstream finance to be in healthy shape: the oil price is high by historic standards; gas is an essential transitional fuel; domestic demand for hydrocarbons continues to grow; government support for upstream development continues; and returns in the sector are strong. However,

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In 2021 economic outlook report, we posit that the annual real GDP growth rate would range between -2% and 1%

CENTRE FOR THE PROMOTION OF PRIVATE ENTERPRISE [CPPE]

Leave a Comment / Business, The Nation /

CPPE COMMENTS ON NIGERIAN ECONOMY AT 62 Over the past six decades the Nigerian economy has transformed from a basically agrarian economy to an economy driven largely by services and oil and gas. While the agricultural sector contributed an estimated sixty percent (60%) to the country’s GDP in the sixties, its contribution has reduced to

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NLNG reiterates commitment to delivering Train 7 benefits to Nigerians

Gas and market challenges impeding LPG supply into the domestic market – NLNG

Leave a Comment / Oil & Gas /

Nigeria LNG Limited (NLNG) has said it remains committed to supply 100% of all its Liquified Petroleum Gas (LPG) production (butane and propane) to the Nigerian domestic market despite feedgas and market challenges. NLNG’s Managing Director/Chief Executive Officer, Dr. Philip Mshelbila, made the statement today at the Nigerian Association of LPG Marketers (NALPGAM) 35th Annual

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

LNG: Sovcomflot and Gazprom Complete Russia’s First Ship-To-Ship Bunkering

Leave a Comment / INTERNATIONAL, Oil & Gas /

By Our Correspondent Sovcomflot, Russia’s largest shipping company, and Gazprom Neft, a Russian oil company, carried out their first ship-to-ship LNG bunkering operation at the port of Ust-Luga, according to FleetMon. It stated: “This marks the first domestic LNG bunkering operation in Russia’s transport history. “Gazprom Neft’s bunker vessel, the Dmitry Mendeleev, successfully fueled Sovcomflot’s

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Port of Shanghai moves to tackle container shortages

MARITIME: New 330,000 TEU Container Terminal Opens at the Port of Cork in Ireland

Leave a Comment / Maritime /

By Our Correspondent A new container terminal has opened up in the Port of Cork in Ireland. The terminal has been named the Cork Container Terminal and is situated in Ringaskiddy, according to FleetMon. It stated: “It will have a capacity of 330,000 TEUs per annum once it is fully operational. “The new terminal has

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ZERO-EMISION SAILING: Cargo vessel Avontuur returns after 7-month journey

MARITIME ACCIDENT: Dutch fishing vessel struck anchored tanker, oil leak in Netherlands

Leave a Comment / Maritime /

By Our Correspondent Tanker portside in superstructure area has suffered a big breach, fishing vessel’s bow severely damaged, according to FleetMon. It stated: “Dutch fishing vessel ARM 18 struck anchored tanker GOLDEN DAISY at Ijmuiden Anchorage, Netherlands, at around 0035 UTC September 29, 2022. “ARM 18 sustained damages, but managed to return to home port

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SERAP sues Akpabio, Abass over ‘plan to spend N110bn on bulletproof cars, others’

Communities in Niger Delta live in depressing conditions—SERAP

Leave a Comment / The Nation /

A new report by the Socio-Economic Rights and Accountability Project (SERAP) has revealed how “communities in the Niger Delta continue to live in depressing and deplorable conditions, despite the fact that the wealth derived from these areas is the main economic mainstay for the country.” According to the report, “The communities in the Niger Delta

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