Oil Extends Gains On Higher Demand

Oil Extends Gains On Higher Demand

Oil prices continued to climb on Tuesday with investors expecting a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns over the risk of a U.S. debt default capped gains. Reuters...
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Three Kidnapped Seafarers Freed

Three Kidnapped Seafarers Freed

The three seafarers who were kidnapped in early May from Grebe Bulker, a bulker vessel managed by Eagle Bulk Ship Management Singapore, have been rescued, the company confirmed.World Maritime News report that the vessel was boarded by pirates whilst in...
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Ajulo Seeks Prompt Action On Ondo Seaport Project

Ajulo Seeks Prompt Action On Ondo Seaport Project

A legal practitioner, Mr. Kayode Ajulo, has called for prompt action to execute the Ondo Seaport project, recently approved by President Muhammadu Buhari, beyond the paperwork. Ajulo stated this in a statement in Abuja, and commended Buhari for the approv...
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661 Containers Lost At Sea, Says World Shipping Council   

661 Containers Lost At Sea, Says World Shipping Council   

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. City Business News report that the report covers the year 2022, sho...
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MINISTER COMMISSIONS NIMASA BOATS, SEARCH AND RESCUE BASE CLINIC, OTHERS

MINISTER COMMISSIONS NIMASA BOATS, SEARCH AND RESCUE BASE CLINIC, OTHERS

The Minister of Transportation, Engineer Mu’azu Jaji Sambo, in Lagos at the weekend commissioned five enforcement boats and four ferries for staff of the Nigerian Maritime Administration and Safety Agency, NIMASA.  Also commissioned were newly acqui...
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BUHARI: DANGOTE REFINERY, GAME CHANGER FOR NIGERIA’S ECONOMY

BUHARI: DANGOTE REFINERY, GAME CHANGER FOR NIGERIA’S ECONOMY

President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export.Speaking at the occasion attended by Heads of S...
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Dangote Refinery Comes Alive

Dangote Refinery Comes Alive

President Muhammadu Buhari will today, May 22, 2023 commission Dangote Petroleum Refinery & Petrochemicals, regarded as the world’s largest single train refinery in Ibeju-Lekki, Lagos, alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad...
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SIFAX Boss Canvasses Improved Investments In Maritime Sector

SIFAX Boss Canvasses Improved Investments In Maritime Sector

As Nigeria is transitioning to a non-oil-dependent economy, attention needs to be shifted towards other critical sectors, especially the maritime industry, so they could contribute substantially to the country’s Gross Domestic Product (GDP). Speaking at the ...
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Oil & Gas Firm Secures CO2 Storage license

Oil & Gas Firm Secures CO2 Storage license

United Kingdom oil and gas company, EnQuest has secured the offer of carbon storage licenses as part of the UK’s first-ever round of carbon sequestration licenses issued by the North Sea Transition Authority (NSTA). World Maritime News report that the l...
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NIMASA DG At El-Rufai’s Book Launch, Lauds Performance In Office

NIMASA DG At El-Rufai’s Book Launch, Lauds Performance In Office

The Director General Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, on Saturday commended the Governor of Kaduna State, Malam Nasir El Rufai for the people oriented projects executed during his tenure as Kaduna State Governor. &...
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Edo To Reconstitutes Christian Pilgrims Welfare Board

Edo To Reconstitutes Christian Pilgrims Welfare Board

The Edo State Governor, Mr. Godwin Obaseki has said the state government will reconstitute the state Christian Pilgrims Welfare Board. He said this during a courtesy visit by the new leadership of the Edo State Chapter of the Christian Association...
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Lekki Seaport Berths Largest Vessel Since Inauguration

Lekki Seaport Berths Largest Vessel Since Inauguration

By Moses Ebosele, ebosele@hotmail.com — Lekki Deep Seaport on Friday, May 19th, 2023, berthed a 300 Meter Length Over All (LOA) vessel, christened CMA-CGM RABELAIS.  According to the Nigerian Ports Authority (NPA), the journey of the 6570 TEUs capa...
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Obaseki Swears-In New Acting Chief Judge

Obaseki Swears-In New Acting Chief Judge

The Edo State Governor, Mr Godwin Obaseki, has sworn-in the new Acting Chief Judge of Edo State, Hon. Justice Daniel Iyobosa Okungbowa, assuring accelerated judicial reforms in the state. Speaking at the swearing-in ceremony held at New Festival Hall in...
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Photo News

Photo News

L-R: Special Adviser to Ekiti State Governor on Infrastructure and Public Utilities, Prof. Bolaji Aluko; Ekiti State Governor, Mr Biodun Oyebanji; Head, European Union Delegation to Nigeria and ECOWAS, Ambassador Samuela ISOPI; Chief Economic Adviser to the Go...
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