Category: International

Oil prices tumbling more than 1% on Tuesday, extending the previous day’s steep declines as coronavirus lockdowns in top oil importer China, a strong dollar and growing recession risks fed worries about the outlook for global demand.  Reu...

Denmark-headquartered Maersk Supply Service, a provider of offshore marine services and integrated solutions for the energy sector, has arranged to recycle three of its vessels at a yard in Grenaa, as part of its strategy to optimise its fleet portfolio...

C The World Bank says global progress to reduce gas flaring, the wasteful industry practice of burning natural gas during oil production has stalled in the last 10 years.  This is contained in a statement obtained from the World Bank...

Rafael Nadal acknowledged Carlos Alcaraz can be considered a “replacement” for him after losing to his teenage rival at the Madrid Open. Alcaraz is one of the most exciting rising stars on the ATP Tour.   He enhanced his growing...

AUnited States-Nigerian Technology Company, WRKR Technology Inc., has promised to train 50,000 Nigerians on its skills that would make them globally competitive for employment opportunities.   WRKR is a technology company that unlocks access to work opportuni...

French ship-owning company, France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France. According to World Maritime News,  South Korean shipyard, Hyundai Samho...

To reduce vessel emissions, Canada’s Halifax Port Authority (HPA) has joined the World Port Climate Initiative (WPCI) as an incentive provider with the International Association of Ports and Harbours’ (IAPH) Environmental Ship Index (ESI). The HPA joined t...

The World Health Organisation (WHO) says that shortage of midwives will trigger an increase of one million by 2030 with serious implications for the attainment of Sustainable Development Goals.   Dr Matshidiso Moeti, World Health Organsation (WHO) Regiona...

The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022 to a new target of 1.772mbpd for June 2022.   A statement issued...

No fewer than 400 Indians in Nigeria on Monday engaged in different forms of physical exercise like yoga, aerobics, dance, running and cultural performance to commemorate India’s 75 years of independence. The programme tagged, “Run 4 Unity”, held at the....

Indians in Nigeria have expressed excitement over the newly inaugurated Nigeria-India Business Council designed to further strengthen the bilateral relations between the two countries.  General Secretary of the Afro Asian Initiative for Community Developm...

UN food agency on Friday said World food prices jumped nearly 13 per cent in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils.  The Food and Agriculture...

Oil prices soared again on Thursday as the Ukraine war triggered a dash for commodities that could be in short supply, while stock markets slipped as investors worried about higher inflation and slowing economic growth.  Brent crude oil rose more...