By Eyo Nsima On month-on-month basis, the Headline index increased by 1.01 percent in May 2021, according to the National Bureau of Statistics, NBS. In its latest report obtained by The Daily, www.thedaily-ng.com, the NBS, stated: “On month-on-month basis, the Headline index increased by 1.01 percent in May 2021. This is 0.04 percentage points higher […]
INFLATION: Headline index rises by 1.01% in May, 2021 Read More »
Kola Adesina, Executive Director, Sahara Group has said the World Trade Organisation (WTO) needs to galvanise the interest and support of various stakeholders to promote equitable global trade relations and energy access in Africa where almost 600 million live without electricity. Adesina who spoke on ‘Redirecting the World Trade Organisation’ at the virtual 2021 Horasis
Sahara Group urges WTO to promote equitable trade, access to energy Read More »
An oil spill has occurred in Obiakpu community in Ohaji/Egbema Local Government Area of Imo State allegedly caused by leakages from crude oil pipelines owned by Nigeria Petroleum Development Company (NPDC) and operated by Shell Petroleum Development Company (SPDC) (SEE VIDEO). The spill resulted in an inferno which raged continuously for three (3) days –
…Project will generate 6,000 jobs, Says Kyari The Minister of State for Petroleum Resources, Chief Timipre Sylva has commended President Muhammadu Buhari for his giant strides in the Niger Delta which is making a huge impact on the people of the area. The Minister made this known on Friday while speaking at a ceremony to
Brass Products Terminal: Sylva hails Buhari’s impact in Niger Delta Read More »
Spanish Security Forces Seize Record Drugs Worth $270 Million; after getting tip off from Irish Authorities, according to FleetMon. It stated: “On 1st June, the Spanish navy acted upon a fresh intelligence report by Irish authorities and seized a consignment of hashish worth €220 million ($270 million) from a trawler named ODYSSEY 227 near the
Spanish Security Forces seize drugs worth $270m Read More »
By Eyo Nsima General cargo ship RIX EMERALD remains aground in Randers Fjord Denmark since around 1400 UTC June 10, 2021, according to FleetMon. It stated: “Still aground, refloating is planned to take place at night Jun 11 with high tide, obviously. The ship is loaded with manure. No hull breaches, no leaks reported. Fairway
General cargo ship RIX EMERALD remains aground in Denmark Read More »
The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of Mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice services between local and international operators in Nigeria. The Commission made this known at the final Stakeholders’ Forum for the presentation of the study on cost-based
NCC concludes Cost-Based Study on International Termination Rate Determination Read More »
The Nigerian Senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards entrenching transparency and stamping out corruption from its system. The commendation was given by the Chairman of the Senate Committee on Anti-Corruption and Financial Crimes, Senator Suleiman Abdu Kwari, at a hearing held at the National Assembly Complex, Abuja, to
Senate extols NNPC Anti-Corruption efforts, drive towards profitability Read More »
The Director/CEO, DPR Engr Auwalu Sarki received the President, Nigeria Liquefied Petroleum Gas Association, Mr. Nuhu Yakubu, and his Executive team on a courtesy visit to DPR Head office, Abuja on Wednesday. The NLPGA President stated that the reason for the visit was to congratulate the Director/CEO on the numerous achievements witnessed in the oil
NLPGA executives visit DPR Director/CEO in Abuja Read More »
Technology will play a key role in ensuring Nigeria stays cost-competitive in today’s oil market, Mr. Roger Brown, Chief Executive Officer of Seplat Plc, has said. The Seplat CEO said this in his keynote address titled, “Oil Market Forum: Who Is In Control?” at the ongoing 2021 Nigerian International Petroleum Summit (NIPS) in Abuja. With
Technology, very germane to Nigeria’s competitiveness in oil market – Seplat CEO Read More »
