NIMASA Insists On Prevention, Commemorates 2023 World Safety Day

NIMASA Insists On Prevention, Commemorates 2023 World Safety Day

In commemoration of the 2023 World Safety Day, the Nigerian Maritime Administration and Safety Agency (NIMASA) organized a safety workshop with the theme “Zero offshore incidents, a culture of prevention.   This is in line with the International Labour Organization, ILO...
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Shell, GasLog, Seal LNG Charter Deals

Shell, GasLog, Seal LNG Charter Deals

GasLog, International owner and operator of liquefied natural gas (LNG) carriers has entered into new time charter agreements for two of its LNG carriers. One of the time charter agreements involves GasLog Singapore LNG carrier and it was signed with New....
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OKOMU OIL RESCUES A COMMUNITY FROM GAS EXPLOSION

OKOMU OIL RESCUES A COMMUNITY FROM GAS EXPLOSION

Barely six (6) months after the fire service department of Okomu Oil Palm PLC averted what could have been a major fire disaster in Owan Community, Ovia North East LGA, the company has once again come to the rescue of...
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Obaseki Congratulates Lucky Igbinedion At 66

Obaseki Congratulates Lucky Igbinedion At 66

The Edo State Governor, Mr. Godwin Obaseki, has extended kind wishes to former governor of the State, Chief Lucky Igbinedion, as he marks his 66th birthday. In a statement, the governor described Igbinedion as a “leader who over the years...
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CSOs Seek End To Fossil Fuel Exploration

CSOs Seek End To Fossil Fuel Exploration

The 10th East African Petroleum Conference and Exhibition 2023, which came to a close in Kampala on Friday, has drawn criticism from Civil Society Organizations (CSOs) in the region.  In a May 10, 2023 letter sent to the Heads of State of...
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WIME Mourns Margret Orakwusi

WIME Mourns Margret Orakwusi

The Women in Maritime and Energy Awards (WIME) Advisory Board led by Mrs. Chizoba Anyika has paid a condolence visit to  the family of Onyema and Orakwusi over the passing unto glory of Barr. Mrs. Margret Onyema-Orakwusi, a Maritime Lawyer and...
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Buhari Congratulates NYSC At 50

Buhari Congratulates NYSC At 50

President Muhammadu Buhari has congratulated a former Head of State, Yakubu Gowon, for the wisdom of setting up the  National Youth Service Corps (NYSC) in 1973. In a statement by his spokesperson, Femi Adesina, on Friday, Buhari said the scheme had....
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Geely Releases ESG Report

Geely Releases ESG Report

Geely Automobile Holdings Limited has released its 2022 Environmental, Social and Governance (ESG) report.  City Business News report that in the 2022 report, where 2020 is taken as the baseline, Geely Auto’s lifecycle carbon emissions per vehicle decre...
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Hyundai Delivers 1,021,712 Units  In Three Months

Hyundai Delivers 1,021,712 Units  In Three Months

By Moses Ebosele, ebosele@hotmail.com  — Between January and March 2023, Hyundai Motor sold 1,021,712 units around the globe,  a 13.2 percent increase from a year earlier. City Business News report that sales in markets outside o...
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Oil Falls On Weak US, Chinese Data

Oil Falls On Weak US, Chinese Data

Oil prices fell about two per cent to a one-week low on Thursday as a political standoff over the U.S. debt ceiling stoked recession jitters in the world’s biggest oil consumer, while rising U.S. jobless claims and weak Chinese economic...
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NPA, CBN Boost e-Call Up Scheme With NXP Requirements

NPA, CBN Boost e-Call Up Scheme With NXP Requirements

By Moses Ebosele. ebosele@hotmail.com — As part of measures to enhance Electronic Call Up system, the Nigerian Ports Authority (NPA) in collaboration with the Central Bank of Nigeria (CBN) is at the conclusive stage to integrate the CBN NXP requirements...
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Eni Seeks More LNG Cargoes from Nigeria, Egypt, Qatar, Others

Eni Seeks More LNG Cargoes from Nigeria, Egypt, Qatar, Others

As part of measures to guarantee gas supplies to its customers through a more diversified portfolio, Italy’s oil and gas company, Eni has increased the number of LNG cargoes from Nigeria, Egypt, Congo, Qatar, Angola, Indonesia, and Mozambique. Meanwhile, Eni...
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Edo Begins Exercise To Rid Okomu Forests, Others  Of Criminals

Edo Begins Exercise To Rid Okomu Forests, Others  Of Criminals

Edo State Government in collaboration with forest rangers and security agencies is to launch a three-month operation to rid Okomu Forest, Gelegele Forest and Okomu National Park of criminal elements. State Governor, Godwin Obaseki disclosed this after a meetin...
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Photo News

Photo News

L-R    Representative Securities and Exchange Commission (SEC)  Cote D’Ivoire Mrs Honorine Ovedraojo, Head, Securities and Investment Services Department, SEC Nigeria  Mr Sa’ad Abdulsalam, Representative SEC Cote D’Ivoire Mr Barago Issouf...
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