May 15, 2026
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Author name: Godswill Odiong

JUST IN: Emirates Airlines suspends flight to Nigeria over $85m revenue

JUST IN: Emirates Airlines suspends flight to Nigeria over $85m revenue

Leave a Comment / Business /

By Eyo NSIMA Emirates Airlines, the flag carrier of the United Arab Emirates (UAE), has announced the suspension of its flight operations to Nigeria, from September 1, 2022, because of its inability to repatriate $85 million revenue. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “Therefore, Emirates has taken the difficult decision to […]

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NIGER: Households, businesses grappling with poor power supply --- Investigation

BLACKOUT: TCN efforts to restore electricity will last till weekend in Nigeria — Investigation

Leave a Comment / ELECTRICITY NIGERIA /

By Eyo Nsima The Transmission Company of Nigeria, TCN, has started the process of restoring electricity to consumers nationwide in Nigeria. But checks by The Daily, www.thedaily-ng.com, has it that it might take up till the weekend to achieve a sustainable feat as most parts of the nation still live in darkness. The entire nation

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JUST IN: Celebration as Research ship POLARSTERN arrives in Bremerhaven

MARITIME ACCIDENT: How Chinese sailor electrocuted on board COSCO bulk carrier

Leave a Comment / Maritime /

By Our Correspondent A 25-year-old Chinese crew member of COSCO’s bulk carrier COSCO WUYISHAN was electrocuted on August 16, 2022, according to FleetMon. It stated: “25-year old Chinese crew member of COSCO’s bulk carrier COSCO WUYISHAN was electrocuted on August 16 at Veracruz, Mexico. COSCO WUYISHAN arrived at Veracruz on August 3, 2022 from China.

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OPEC daily basket price stood at $61.70 a barrel

OPEC revises down World Economic Growth to stand at 3.1% for 2022 and 2023

Leave a Comment / OPEC /

By Our Correspondent The Organisation of Petroleum Exporting Countries, OPEC, has revised down the World Economic Growth to stand at 3.1 per cent for 2022 and 2023, implying relatively low demand for oil. According to OPEC, “This is a result of weaker 2Q22 growth in the major economies and an observed soft trend in some

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Scrap fire in cargo hold of Thai bulk carrier, Netherlands

MARITIME ACCIDENT: Disabled Russian freighter anchored off Istanbul

Leave a Comment / Maritime /

By Our Correspondent General cargo ship SUN UNICORN suffered engine failure after exiting Bosphorus in Black sea from Istanbul to Novorossiysk, according to FleetMon. It stated: “General cargo ship SUN UNICORN suffered engine failure shortly after exiting Bosphorus in Black sea at around 1120 UTC August 17, 2022, while en route from Istanbul to Novorossiysk.

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How TCN lost Billions of Naira due to vandalism in Nigeria’s Power Sector

ELECTRICITY: TCN laments blackout, promises restoration of supply

Leave a Comment / ELECTRICITY NIGERIA /

By Eyo Nsima The Transmission Company of Nigeria, TCN, has lamented the shutdown of electricity in Nigeria by labour, promising to restore supply soon. In a statement obtained by The Daily, www.thedaily-ng.com, the company solely responsible for transition of electricity, stated: “Following the Industrial Dispute declared by the two in-house Unions at the Transmission Company

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OIL: SNEPCo completes Bonga FPSO vessel rehabilitation in Nigeria

MARITIME ACCIDENT: How Fishing vessel collided in Korea

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By Our Correspondent A Korean 24-ton fishing vessel has collided with cargo ship west of Taean County coast in western Korea, according to FleetMon. It stated: “Korean 24-ton fishing vessel collided with cargo ship west of Taean County coast, western Korea, Yellow Sea, at around 0500 Seoul time Aug 17. Fishing vessel sank, 11 crew

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PIA: BudgIT examines progress, urges FG to ensure timely implementation

Leave a Comment / Business, Oil & Gas /

After over two decades, the Petroleum Industry Act (PIA) finally became law when President Muhammadu Buhari signed it in August 2021. Recall that the PIA is meant to promote transparency, good governance, and accountability in Nigeria’s petroleum resources administration and encourage local cum foreign investments. However, despite these expectations, the PIA has been met with

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President Buhari names Dangote as Chairman of National End Malaria Council

Leave a Comment / Dangote /

…Dangote pledges private sector support Chairman of Aliko Dangote Foundation and Africa’s richest man, Aliko Dangote has been named the pioneer Chair of the National End Malaria Council (NMEC), a body established by President Muhammadu Buhari to eliminate the scourge of malaria in the country. The National End Malaria Council (NMEC) was inaugurated by the

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

LOCAL CONTENT: DormanLong loads out 2,000tonnes oil & gas platform fabricated for OML85

Leave a Comment / Local content /

By Eyo Nsima Dorman Long Engineering Limited, an indigenous company, has loaded out 2,000tonnes Conductor Supported Platform, fabricated by Dorman Long Engineering Limited, for the development of Madu oilfields in the Oil Mining Lease, OML, 85. The facility was constructed for an indigenous oil exploration and producing company, First E&P, which operates a joint venture

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