Category: International

Oil Tanker On Fire After Attack
January 27, 2024 No Responses

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
January 26, 2024 No Responses

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
January 26, 2024 No Responses

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
January 26, 2024 No Responses

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
January 25, 2024 No Responses

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
January 23, 2024 No Responses

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 
January 22, 2024 No Responses

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
January 21, 2024 No Responses

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 
January 18, 2024 No Responses

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
January 17, 2024 No Responses

Kia, Uber Seal Ride Hailing MoU

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QatarEnergy Seals $2.4b Contract For Eight LNG Carriers
January 14, 2024 No Responses

QatarEnergy Seals $2.4b Contract For Eight LNG Carriers

QatarEnergy has sealed a contract with Chinese shipbuilder, CSSC Hudong Zhonghua shipbuilding for the construction of eight Q-Max ultra-large LNG carriers valued at over $2.4 billion and are to be delivered between 2028 and 2029. According to World Maritime Ne...
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10 Corps Members Depart For India On Youth Exchange Programme
January 14, 2024 No Responses

10 Corps Members Depart For India On Youth Exchange Programme

Ten National Youth Service Corps (NYSC) members will travel to India on Sunday to participate in a Youth Exchange Programme organised by the Indian National Cadet Corps. The annual programme is held to commemorate the Independence Anniversary of the Republic.....
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Total Energies Visits NCDMB, Reconfirms Final Investment Decision For Ubeta Project in 2024
January 13, 2024 No Responses

Total Energies Visits NCDMB, Reconfirms Final Investment Decision For Ubeta Project in 2024

Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer reconfirmed that the company ...
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FG To Raise N35b For Ajaokuta Light Steel
January 12, 2024 No Responses

FG To Raise N35b For Ajaokuta Light Steel

The Federal Government will raise about N35 billion for the Ajaokuta Light Steel mill through the local financial market. Mr Shuaibu Audu, Minister of Steel Development, disclosed this to State House Correspondents after a meeting with President Bola Tinubu on...
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