OPEC daily basket price
OPEC daily basket price stood at $70.75 a barrel Thursday, 26 August 2021, compared with $70.59 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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LCCI reacts as NBS releases Q2’21 GDP Report
By Eyo Nsima The Lagos Chamber of Commerce, LCCI, has reacted as the The National Bureau of Statistics, NBS, releases Nigeria’s Gross Domestic Produt, GDP, report for the second quarter of 2021. Commenting on the GDP report, the LCCI, stated: “The National Bureau of Statistics has released the national accounts for Q2 2021 showing that
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COVID-19: Confirmed cases rise to 189,175 in Nigeria
By Eyo Nsima The confirmed Coronavirus pandemic cases have risen to 189,175 in Nigeria, according to the Nigeria Centre for Disease Control, NCDC. It stated: “The 637 new cases are reported from 19 states- Lagos (322), Rivers (70), Edo (54), Delta (34), Akwa Ibom (31), Kwara (31), FCT (29), Ekiti (17), Ogun (14), Osun (10),
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How General cargo ship CEG ORBIT ran aground in the UK
General cargo ship CEG ORBIT has run aground on the coast at Cranstal, northeast Isle of Man, according to FleetMon. It stated: “General cargo ship CEG ORBIT ran aground on the coast at Cranstal, northeast Isle of Man, UK, Irish Sea, at around 0215 UTC August 26, 2021, while en route from Liverpool to Belfast.
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NCC mourns Ex-Board Chairman, Senator Olabiyi Durojaiye
The Board, Management and entire members of staff of the Nigerian Communications Commission (NCC) have commiserated with the family of the immediate Past Chairman of the Board of the Commission, Distinguished Senator Otunba Olabiyi Durojaiye, who answered the call of God on Tuesday, August 24, 2021 at the age of 88 years. In a condolence
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NNPC, KDSG, Sign MoU on Gas Utilisation, Expansion
…As Kyari Assures Gas Supply Will Revamp Industries Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion of gas supply in the state. Speaking at the MoU Execution Ceremony which held
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Nigeria’s GDP growth rises by 5% in Q2’21
By Eyo Nsima The Gross Domestic Products (GDP) of Nigeria rose year-on-year (YoY) by 5.0 percent in the second quarter of 2021 (Q2’21), indicating 0.51 per cent higher than recorded in Q1’21. In its GDP report obtained by The Daily, www.thedaily-ng.com, the National Bureau of Statistics (NBS), stated that the Oil Sector’s contribution to GDP
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JUST IN: Three crew of tanker GLOBAL LAKE, including Captain, die offshore Algeria
Three crew of tanker GLOBAL LAKE, including Captain, have died in Algeria, according to FleetMon’s unconfirmed report. It stated: “Three crew of tanker GLOBAL LAKE, including Captain, died on board in a tragic accident. The tanker was cruising around the north of Algeria, understood in ballast, after she left Bejaia, Algeria, on Aug 17, probably
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DPR, SON collaborate to tackle proliferation of substandard lubricants
The Department of Petroleum Resources ( DPR) says it is collaborating with the Standards Organisation of Nigeria (SON) to curb the manufacturing and sale of substandard lubricants in the country. Engr. Sarki Auwalu, Director and Chief Executive Officer, DPR made the disclosure recently while unveiling the agency’s Downstream Remote Monitoring System ( DRMS) platform to
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5G: Our State of Readiness is Very High—-Danbatta
• Lauds industry’s healthy competition By Eyo Nsima Shortly after the Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami revealed the Federal Government’s position on the deployment of 5G networks in Nigeria, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said that the Commission is
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