NNPC Woos South Korean Gas Investors

NNPC Woos South Korean Gas Investors

The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The discussions which held in Seoul, South Korea, yesterday were...
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Etihad Cargo Attains IATA CEIV Lithium Batteries Certification

Etihad Cargo Attains IATA CEIV Lithium Batteries Certification

Etihad Cargo, the cargo and logistics arm of Etihad Airways, has achieved the International Air Transport Association’s (IATA) Centre of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification. The carrier is the third M...
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Toyota Halts Shipment Over Certification Concerns

Toyota Halts Shipment Over Certification Concerns

Toyota Motor has suspended shipments of some models including the Hilux truck and Land Cruiser 300 SUV after finding irregularities in certification tests for diesel engines. A special investigative committee found irregularities during horsepower output ...
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Nigeria Defeat Cameroon, Qualify For Quarter-Final

Nigeria Defeat Cameroon, Qualify For Quarter-Final

Super Eagles of Nigeria reached the quarter-finals of the 2023 Africa Cup of Nations after Ademola Lookman scored twice to beat Cameroon 2-0 in the last 16 in Abidjan. The Atalanta forward opened the scoring nine minutes before the break...
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Oil Tanker On Fire After Attack

Oil Tanker On Fire After Attack

An oil tanker is on fire in the Gulf of Aden, its operator says, after Houthis said they hit it with a missile. The movement said it had targeted the Marlin Luanda on Friday evening. Operator Trafigura told the BBC...
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At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review

At WFE, NGX Group Harps On Technology Revamp, Listing Rules Review

The Group Managing Director and Chief Executive Officer, Nigerian Exchange Group Plc, Temi Popoola has highlighted various plans by the exchange group to revamp its technology infrastructure, attract listings, enhance retail investors participation and foreign...
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NOVAmbl Asset Management Dollar Fixed Income Fund Bags 2023 Best Performance Award

NOVAmbl Asset Management Dollar Fixed Income Fund Bags 2023 Best Performance Award

NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC). N...
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Nigeria-Morrocco Gas Pipeline: FG, Morocco To Intensify Project

Nigeria-Morrocco Gas Pipeline: FG, Morocco To Intensify Project

In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco.  The discussion which was held on the sidelines of a...
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Tesla Projects Lower Sales Growth In 2024

Tesla Projects Lower Sales Growth In 2024

Tesla is forecasting a sharp sales slowdown this year, becoming the latest car company to warn of sagging demand. Elon Musk’s electric vehicle (EV) maker said growth would be “notably lower” than in 2023, when deliveries rose 38%. The company...
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World’s Largest Car Carrier Debuts

World’s Largest Car Carrier Debuts

SAIC Group, a prominent Chinese automotive manufacturer, officially named and commissioned the LNG dual-fuel car carrier SAIC Anji Sincerity. Constructed by CSSC Jiangnan Shipyard, the vessel, featuring 7,600 parking spaces, is exclusively built for SAIC Anji ...
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ExxonMobil Sues Investors 

ExxonMobil Sues Investors 

Oil giant ExxonMobil has sued climate activist investors in a bid to prevent their climate proposal from going to a vote at its annual investor meeting. The complaint is against Follow This and Arjuna Capital, which have called on Exxon...
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BYD Takes Delivery Of First Car Carrier

BYD Takes Delivery Of First Car Carrier

BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled. The maiden voyage ceremony for BYD Explorer No.1, the 7,000 CEU...
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Shell Suspends All Red Sea Shipments 

Shell Suspends All Red Sea Shipments 

Shell has suspended all shipments through the Red Sea indefinitely amid the ongoing Houthi attacks from Yemen on commercial vessels on the key global trade route. Shell is the latest firm in a long line of companies, which decided to...
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Kia, Uber Seal Ride Hailing MoU

Kia, Uber Seal Ride Hailing MoU

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