Total has signed 40-year concession agreements for three fields offshore Abu Dhabi with the Emirate’s Supreme Petroleum Council and ADNOC. According to Offshore and other agency reports, the accords give Total a 20% interest in the new Umm Shaif and…

Rail Projects: FG Begins Negotiation For $15B Loans
To successfully complete the Port Harcourt – Maiduguri rail project, the Federal Government has commenced negotiation for $15 billion loans. The Minister of Transportation, Mr Rotimi Ameachi, made this known when he briefed State House correspondents after a closed…

Adeosun: Infrastructure Gulps N2.5tri In Three Years
The Nigerian Government is to sustain ongoing investment in infrastructure across the country. Speaking in Abuja on Monday, Minister of Finance, Kemi Adeosun explained that with over N2.5trillion pumped into infrastructure in the last three years, the country will start…

‘Demand for LNG on the Rise’
Demand for LNG as a marine fuel has risen significantly, especially in Nordics marine market, according to a Norwegian LNG supplier Skangas. The driving force behind the rise is the addition of new vessels to the LNG-powered fleet on the back of…

Guinness Nigeria Flags off Transport, Safety Week 2018
In line with its commitment to promote road safety and sustainable transport systems in the country, Guinness Nigeria Plc, a subsidiary of Diageo Plc, has flagged off its Transport and Safety Week as part of measures to reiterate the importance of…

Dakuku: Maritime Sector Has Capacity to Catalyze Economic Growth
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that the Nigerian maritime sector has the capacity to catalyze economic growth and also gave the assurance that the Agency will not…

‘Beacons Of Nigeria Maritime Industry’ For Public Presentation March 22
A spectacular ‘Who-is-Who’ book featuring people in the maritime industry titled ‘Beacons of Nigeria Maritime Industry’ will be launched on March 22, 2018 at the Nigerian Institute of International Affairs, Victoria Island, by 10 am. Promoters of the book have…

NPA Photo News
THIRD FROM LEFT: ENGR. ADAMS OMEIZA JATTO, GEN. MANAGER, ASSET& LAND ADMINISTRATION, (NPA), ENGR. DAYO OLUMIDE, DEP. CHAIRMAN, NIGERIAN INSTITUTE OF HIGHWAY AND TRANSPORT ENGINEER, (NIHTE), ENGR. RUFAI …

NNPC Renews Commitment To Tackle Smuggling Of Petroleum Products
The Nigerian National Petroleum Corporation (NNPC) is discussing with security operatives to stop smuggling of petrol products across our borders. According to the NNPC Group Managing Director (GMD), Dr Maikanti Baru, the Corporation is also working with security agencies to…

Uber Unveils Self-Driving Trucks
Uber has unveiled its self-driving semi-trailer trucks under the new service identified as Uber Freight. According to the New York Times, Uber has had the self-driving trucks in service for a few months in the state of Arizona. …

Edo Partners Oxfam On Automobile Engineering, Capacity Building, Others
To prepare graduates with skills to contribute to the state’s economy and become self-reliant, EdoJobs has partnered with Oxfam in the Career Kickstart programme and Leanna Garage to train over 155 youths in Edo State on employability skills and automobile…

NPA Photo News
THE MANAGING DIRECTOR OF THE NIGERIAN PORTS AUTHORITY (NPA), HADIZA BALA USMAN (RIGHT) RECEIVES THE OUTSTANDING LEADERSHIP PUBLIC SECTOR AWARD FROM THE CHAIRMAN 2017 DAAR COMMUNICATIONS AWARD CEREMONY, PRINCE JULIUS ADELUSI-ADELUYI IN ABUJA.

CMA CGM Lifts 19m Containers In 2017, Explains $701m Income
French shipping giant CMA CGM returned to profitability in 2017 as its consolidated net income group share for the year amounted to USD 701 million, a sharp increase compared to the loss of USD 452 million reported in 2016. In…

23 UK Diplomats Expelled From Moscow
Russia is to expel 23 British diplomats in a row over the nerve agent attack on an-ex spy and his daughter in the UK. The Russian foreign ministry said the UK staff would be expelled from Moscow within a week…