May 16, 2026
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Author name: Godswill Odiong

Petroleum Industry Act marks a significant milestone in the administration of Nigeria’s oil and gas industry --- LCCI

The LCCI plans Economic forum on Nigeria’s 2023 Presidential Election

Leave a Comment / The Nation /

By Godswill Odiong The Lagos Chamber of Commerce and Industry, has disclosed that that as part of its public policy advocacy, it continuously explores ways of creating a conducive business environment in Nigeria through positive engagement with Governments at all levels. The Lagos Chamber of Commerce and Industry has over the years offered a platform […]

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UK APPOINTMENT: Kemi Badenoch of Nigerian descent assumes as Secretary of State for International Trade and President of the Board of Trade

Leave a Comment / INTERNATIONAL /

By Eyo Nsima Mrs Kemi Badenoch, who has her routes in Nigeria, has assumed as new Secretary of State for International Trade and President of the Board of Trade in the United Kingdom. She was appointment by Liz Truss, prime minister of the United Kingdom (UK), as a replacement for Boris Johnson, who resigned in

UK APPOINTMENT: Kemi Badenoch of Nigerian descent assumes as Secretary of State for International Trade and President of the Board of Trade Read More »

Oil theft: MV HEROIC IDUN didn’t steal 3 million barrels of Nigerian oil — Nigerian Navy

Leave a Comment / Oil & Gas /

By Eyo Nsima The Nigerian Navy, NN, has denied the involvement of MV HEROIC IDUN in the controversial three million barrels of Nigeria’s crude oil. The vessel was arrested a few days ago and is currently interrogated by authorities in Equatorial Guinea in connection with oil theft. But Commodore Adedotun Ayo-Vaughan, Director of Information, said

Oil theft: MV HEROIC IDUN didn’t steal 3 million barrels of Nigerian oil — Nigerian Navy Read More »

Turkish freighter on tow of Greek tug off Crete

MARITIME ACCIDENT: How Freighter contacted pier sustained damages in Germany

Leave a Comment / Maritime /

By Our Correspondent A General cargo ship HAV MARLIN contacted pier while mooring at Vierow Port, Mecklenburg-Vorpommern, Germany, Baltic Sea, in the morning September 5, 2022, according to FleetMon. It stated: “General cargo ship HAV MARLIN contacted pier while mooring at Vierow Port, Mecklenburg-Vorpommern, Germany, Baltic Sea, in the morning Sep 5, on arrival from

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maritime accidents rise 4.2% to 636 in 8 months

MARITIME ACCIDENT: Container ship catches fire in Taiwan Strait

Leave a Comment / Maritime /

By Our Correspondent A fire erupted in engine room of container ship ZHONGZHOUCHANGHONG in the evening September 4, 2022, in northern Taiwan Strait, NE of Xiamen, according to FleetMon. It stated: “Fire erupted in engine room of container ship ZHONGZHOUCHANGHONG in the evening Sep 4 in northern Taiwan Strait, NE of Xiamen. “The ship was

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Petroleum Industry Act marks a significant milestone in the administration of Nigeria’s oil and gas industry --- LCCI

LCCI STATEMENT ON NIGERIA’S ECONOMIC GROWTH PERFORMANCE

Leave a Comment / Business /

The Nigerian economy has recorded impressive recovery from the recession induced by the COVID-19 pandemic in 2020. The economy has consistently recorded growth rates breaking many analysts’ predictions of expected lower growth rates. However, the economy has continued to struggle with many inhibiting burdens like inflation, weak revenue generation, degenerated infrastructure, forex challenges, unsustainable cost

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OPEC daily basket price stood at $61.70 a barrel

How OPEC+ slashes Nigeria’s production quota to 1.826mb/d

Leave a Comment / OPEC /

By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, and its allies, known as OPEC+, has slashed Nigeria’s oil quota to 1.826 million barrels per day, mb/d in October, from 1.83mb/d in September 2022. The action, which aims at enabling OPEC+ to realise stability in the market was taken at the just-concluded meeting of

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The Daily Africa Summit holds Int’l Day of Clean Air for blue skies Sept 16, 2022 with Prof. Hilary Inyang as Guest Speaker

Leave a Comment / Africa Energy & Environment Summit, Environment, World Environment Day /

By Eyo Nsima The Daily Africa Summit has concluded plans to hold the International Day of Clean Air for blue skies on Friday, September 16, 2022 at 4pm local time with Prof. Hilary Inyang as Guest Speaker. The virtual event, which has ‘The Air We Share’ as theme, aims at examining issues and problems facing

The Daily Africa Summit holds Int’l Day of Clean Air for blue skies Sept 16, 2022 with Prof. Hilary Inyang as Guest Speaker Read More »

JUST IN: Pirates board Cargo ship at Conakry in the Gulf of Guinea

MARITIME ACCIDENT: Fire in cargo hold of bulk carrier at Rouen in France

Leave a Comment / Maritime /

By Our Correspondent A fire erupted on bulk carrier EPIC, in cargo hold with some 8,000 tons of metal scrap, at around 1830 LT September 2 2022, at Petit-Couronne (Seine-Maritime), Rouen, France, according to FleetMon. It stated: “Fire erupted on bulk carrier EPIC, in cargo hold with some 8,000 tons of metal scrap, at around

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