Samsung Secures $1.08b Deal For Five LNG Carriers 

Samsung Secures $1.08b Deal For Five LNG Carriers 

South Korean shipbuilder Samsung Heavy Industries (SHI) has received orders for the construction of five liquefied natural gas (LNG) carriers.  Already, the South Korean shipbuilder signed a shipbuilding contract with an undisclosed shipowner in Oceania.  The order is valued at...
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IMO Scribe Inaugurates New NIMASA Headquarters

IMO Scribe Inaugurates New NIMASA Headquarters

The Secretary General, International Maritime Organization (IMO), Mr. Kitack Lim on Tuesday commissioned the ultra-modern headquarters of the Nigerian Maritime Administration and Safety Agency (NIMASA), located at Victoria Island, Lagos State.   Spea...
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Speed Limiters: FRSC Boss Orders Clampdown On Violators Nationwide 

Speed Limiters: FRSC Boss Orders Clampdown On Violators Nationwide 

The Acting Corps Marshal, Federal Road Safety Corps (FRSC), Dauda Biu has directed Commanding Officers to step up nationwide special operations to apprehend violators of legal speed limits.  Biu who gave the directive in a statement by the Corps Public...
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Union Bank Gets Euromoney Market Rankings In Five Categories 

Union Bank Gets Euromoney Market Rankings In Five Categories 

Union Bank of Nigeria (UBN) Plc has received high ratings in five categories at the 2022 Euromoney market rankings.  Mrs Ogochukwu Ekezie-Ekaidem, the Chief Brand and Marketing Officer, UBN, made the announcement in a statement on Tuesday in Lagos . ...
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Sierra Leone Imports  Innoson Vehicles For Armed Forces

Sierra Leone Imports  Innoson Vehicles For Armed Forces

A breakthrough was recorded on Monday in the implementation of the African Continental Free Trade Area (AfCTA) when the government of Sierra Leone took delivery of the first batch of vehicles produced by Innoson Vehicle Manufacturing Company Ltd, Nnewi, Anambr...
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Shippers’ Council, Others Highlight Need To Optimise Blue Economy

Shippers’ Council, Others Highlight Need To Optimise Blue Economy

The Nigerian Shippers Council (NSC) will continue to work tirelessly to ensure enhanced transportation and trade facilitation for the economy to optimise the potential of the blue economy.  The Council’s Executive Secretary, Emmanuel Jime, said this in ...
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Qatar, China Seal 27-Year LNG Supply Deal 

Qatar, China Seal 27-Year LNG Supply Deal 

QatarEnergy and China Petroleum & Chemical Corporation (Sinopec) have entered into a 27-year sale and purchase agreement (SPA) for the supply of 4 million tons per annum (mtpa) of liquefied natural gas (LNG) to China.  The contracted LNG vol...
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Report: UK Faces Worst Downturn Of Any Advanced Economy

Report: UK Faces Worst Downturn Of Any Advanced Economy

(BBC) The UK economy will suffer a bigger blow from the global energy crisis than other leading nations, according to international body the Organisation for Economic Cooperation and Development.  The UK will contract by more than any other nation in...
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Photo News

Photo News

L-R: Secretary General, International Maritime Organisation (IMO), His Excellency Kitack Lim; Managing Director, Nigerian Ports Authority, Mr. Mohammed Bello-Koko; Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani; Director Gener...
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IMO Scribe: Maritime Nations Need Finance To Develop Fossil Fuel 

IMO Scribe: Maritime Nations Need Finance To Develop Fossil Fuel 

Maritime nations need finance to invest in fossil fuels, Secretary-General, International Maritime Organisation (IMO), Mr Kitack Lim, has said.  Lim said this at the 2022 Nigerian International Maritime Summit held in Lagos on Monday.  He noted that ...
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FBN Holdings Wins ‘Great Place To Work’ Awards

FBN Holdings Wins ‘Great Place To Work’ Awards

FBN Holdings Plc has been recognised for performing creditably at the 2022 ‘Great Place to Work Awards’ ceremony.  A statement issued on Monday by Head, Marketing and Corporate Communications, FBN Holdings Plc, Mr Tunde Lawanson, explained that the ho...
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UNIBEN Screens13,000 Candidates For Admission 

UNIBEN Screens13,000 Candidates For Admission 

University of Benin has released the results of the Post-Unified Tertiary Examination (PUTME) and Direct Entry screening held recently.  A statement issued by the institution’s Public Relations Officer, Dr Benedicta Ehanire, showed that 92.29 of the 13,...
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Edo Distributes Irrigation Equipment To 516 Farmers

Edo Distributes Irrigation Equipment To 516 Farmers

Edo State Government on Monday inaugurated this year’s dry season farming by supporting over 516 smallholder farmers with irrigation equipment to boost farming in Udo community, Ovia South West Local Government Area.  The News Agency of Nigeria (NAN) re...
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<strong>Oba Of Benin Pledges Support For Rubber Research Institute </strong>

Oba Of Benin Pledges Support For Rubber Research Institute 

Oba of Benin, Oba Ewuare II, has pledged support for the development of Rubber Research Institute of Nigeria, Iyanomo in Edo.  He gave the pledge when the management of the institute, led by its Executive Director/Chief Executive Officer, Dr Leila...
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