Author name: Godswill Odiong

CHINA: Bulk carrier BUNUN GLORY placed under quarantine on arrival

Norwegian tanker holed in Brunsbuettel

Product tanker MOSTRAUM has contacted steel dolphin in New Lock harbor, Brunsbuettel, while entering Kiel Canal, according to FleetMon. It stated: “Product tanker MOSTRAUM contacted steel dolphin in New Lock harbor, Brunsbuettel, while entering Kiel Canal, at around 0100 LT November 8, 2021. “Ship’s hull was holed some 3 meters above waterline in portside cofferdam […]

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NNPC warns against panic buying of petrol

The Nigerian National Petroleum Corporation (NNPC) has advised against panic buying of petrol, saying the federal government does not plan to increase fuel price. A statement on Monday by Garba Deen Muhammad, Group General Manager, Group Public Affairs Division, NNPC,in Abuja, said NNPC had over 1.7 billion litres of petrol in stock. According to Mr

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Telecoms Sector amongst biggest contributors to Nigeria’s socio-economic growth --- Prof Danbatta

Local Content: NCC Awards N20m Grant to Four Start-ups

The Nigerian Communications Commission (NCC) has awarded N20 million grant to four deserving Nigerian tech startups in furtherance of its commitment to encourage development of new indigenous technologies and contents, that are oriented in cutting-edge research to stimulate sustainable economic growth. The four tech startups are: Clearflow System Hub, Aelaus Engineering Teams/Hyech Electronics Solutions, Kalibotics,

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

Congo: TotalEnergies begins Planting of More than One Million Trees on the Batéké Plateaux

On the occasion of the National Tree Planting Day in the Republic of the Congo, TotalEnergies has launched the “Batéké Carbon Sink” afforestation operations. This large-scale project, conducted in partnership with Forêt Ressources Management, consists of 40,000 hectares of planted forest on the Batéké Plateaux. Some 40 million trees will be planted in total over

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Sahara Group Delivers spectacular Saharalympics, signs Dan ‘The Bull’ Amokachi

AOW 2021: Sahara Group advocates measured transition in Africa’s upstream sector

A strong delegation from leading energy conglomerate Sahara Group will canvass the adoption of an “Africa appropriate” transition agenda in the continent’s upstream sector at the Africa Oil Week in Dubai, Executive Director, Moroti Adedoyin-Adeyinka has said. Adedoyin-Adeyinka said the event which kicks off on November 8 needs to consider the disparate development level in

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Cut N26bn presidency budget for medical center, travels, meals, SERAP tells Buhari

SERAP wants court to stop Buhari from spending N26bn on travels, meals, others

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court in Abuja to “stop President Muhammadu Buhari from spending N26bn in the 2022 presidency budget on local and foreign travels, meals and refreshments, ‘sitting allowance’, ‘welfare package’, and office building.” In the suit number FHC/ABJ/CS/1361/2021 filed last Friday, SERAP is

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Why implementation of 20% hike in freight cost is delayed – PEF

Era of fake, adulterated petroleum products gone in Nigeria- PETROAN

The era of fake and adulterated petroleum products finding their way into the oil and gas delivery chain will soon become a thing of the past, given the recent introduction of the 3P (Petroleum Product Passport) App by the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN). The app is a technology service solution

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JUST IN: CBN tackles illegal foreign exchange operators, retains MPR at 11.5 %

CBN issues guidelines for 100 for 100 PPP

By Eyo Nsima The Central Bank of Nigeria, CBN, has issued guidelines for the execution of 100 for 100 policy on production and productivity, PPP. In the guidelines obtained by The Daily, www.thedaily-ng.com, Philip Yila Yusuf Director, Development Finance Department, CBN, stated: “In an effort to stimulate the flow of credit to the real sector

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Telecoms Sector amongst biggest contributors to Nigeria’s socio-economic growth --- Prof Danbatta

We will Auction 5G Spectrum in December – NCC

…Sets conditions for prospective bidders The Nigerian Communications Commission (NCC) has officially declared that the auction of the 3.5 Gigahertz (3.5 GHz) spectrum for the deployment of Fifth Generation (5G) technology in Nigeria, will take place on December 13, 2021. According to the Information Memorandum (IM) presented by the Commission at a stakeholder engagement forum

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