Sweden had its first cruise call for the year on June 15 and it was made possible through the collaborative efforts of ports in Visby, Stockholm, and Gothenburg, according to FleetMon. It stated: “Technically cruise ship MEIN SCHIFF 1 had arrived on 25th May in Stockholm but no passengers were allowed to disembark. Now Sweden […]
Bubble Concept to kickstart Cruise Ship Tourism in Sweden Read More »
The Africa Renewable Energy Fund II has achieved its first close at €130 million, following a joint investment of €17.5 million from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank. AREF II, a successor to the original Fund, is a 10-year closed-ended renewable energy Private Equity Fund
The Managing Director/CEO of Niger Delta Power Holding Company (NDPHC) Ltd., Mr. Chiedu Ugbo on Tuesday led the Management Team on courtesy visit to the Minister of Water Resources in Abuja to seek the Ministry’s support in the company’s effort to develop small & medium hydro projects in the country. Mr. Ugbo explained during his
NDPHC, Ministry of Water Resources to collaborate on small & medium hydro projects Read More »
In a demonstration of its responsiveness to global trends and the dynamics in the Information and Communications Technology ecosystem, the Nigerian Communications Commission (NCC) has initiated the process for the review of the existing licensing structure in the Nigerian telecommunications industry. An important step towards achieving this was taken recently by the Executive Vice Chairman
NCC begins review of Telecoms License Structure Read More »
By Eyo Nsima The Federation Account Allocation Committee (FAAC), accruals stabilized to N640.31 billion in February 2021. Disclosing this in its FAAC February 2021 disbursement Report, the National Bureau of Statistics, NBS, stated: “The amount disbursed comprised N482.96 billion from the Statutory Account and N157.35 billion from Valued Added Tax (VAT).” It stated: “The sum
FG, others share N640.31bn as FAAC revenue stabilizes Read More »
By Eyo Nsima The Securities and Exchange Commission (SEC) has approved NG Clearing Limited (NG Clearing) registration to perform the function of a Central Counterparty (CCP) from June 7, 2021. Speaking on the issuance of the license, the Chairman of NG Clearing, Mr. Oscar Onyema, said: “NG Clearing will deliver an unparalleled CCP experience for
SEC approves NG Clearing as Central Counterparty for derivative market Read More »
By Eyo Nsima The Executive Vice Chairman (EVC), Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has extolled Huawei Technologies Company Nigeria Limited for donating, “Prof Umar Garba Danbatta Computer Laboratory” to the Government Senior Secondary School (GSS), Danbatta, Kano State. Danbatta, who expressed his gratitude to the company for choosing his alma mater for
Mediterranean Shipping Corporation (MSC) is on the verge of surpassing their 2M alliance Maersk as the world’s largest carrier amidst its fleet capacity approaching 4 million TEU, according to FleetMon. It stated; “According to Alphaliner, the Swiss carrier currently holds a fleet of 604 ships with a combined capacity of 4,015,674 TEU, closing the gap
MSC to overtake Maersk as the largest Container Line in the world Read More »
With a lot of effort, the cruise operations were started but it seems like covid-19 continues to possess challenges to the cruise industry, according to FleetMon. It stated: “Despite making efforts to create a bubble environment onboard cruise vessels, there are cases of passengers testing positive for coronavirus onboard. “There are reports of passengers testing
COVID-19: Passengers test positive onboard Cruise Ship Read More »
South Korea-based Samsung Heavy Industries (SHI) has concluded plans to develop a new offshore nuclear power plant technology, according to FleetMon. It stated: “To make this happen, the company has signed a joint hand with Korea’s only comprehensive nuclear research and development institute, Korea Atomic Energy Research Institute (KAERI). The company has contracted a Molten-Salt
Samsung Heavy Industries to develop Offshore Nuclear Power Plant Read More »
