By Nathan Nwakamma Shell Petroleum Development Company of Nigeria (SPDC) on Tuesday confirmed an oil leak at its facility in Ekeremor Local Government Area of Bayelsa. Mr Bamidele Odugbesan, its Media Relations Manager, said in a statement the spill, which discharged a yet to be ascertained volume of crude into the environment, occurred on June…
By Rukayat Moisemhe/Florence Onuegbu The Lagos State Government has invested N103 billon into the provision of infrastructure to provide downstream contracts for Micro, Small and Medium Enterprises (MSMEs), Gov Babajide Sanwo-Olu said on Tuesday. The governor made the disclosure during the 6th Edition of the Lagos State MSMEs Exclusive Fair held in Ikeja. The Fair…
By Buchi Onyejiaka Palm kernel nut oil has been used to treat convulsion in children in many rural communities of the Federal Capital Territory (FCT), according to some residents of the communities. The residents told the News Agency of Nigeria (NAN) in separate interviews in Abuja onTuesday that palm kernel oil had been effective in…
Agency Report The Organisation of Petroleum Exporting Countries has described Nigeria as the most admired member country in the global oil market. The Secretary General of the Organisation, Dr. Mohammad Barkindo, disclosed this in his congratulatory message released on Monday to mark the 50th anniversary of Nigeria’s membership of OPEC. “Nigeria is consistently regarded as…
Dangote Cement Plc has acquired 20,000 additional vehicles to enhance the distribution of the company’s cement products in the country. The company’s Spokesman, Tony Chiejine, said in a statement made available to newsmen on Monday in Lokoja that the new vehicles, made up of trucks, trailers and tippers, were acquired at a cost of $150…
By Suttinee Yuvejwattana and Randy Thanthong-KnightBloomberg Thailand risks fueling its decade-high unemployment rate and household debt with the imposition of lockdown-like measures to contain the deadliest Covid outbreak to hit the nation. The greater Bangkok area, accounting for about 50% of Thailand’s gross domestic product, will shutter shopping malls, spas, massage and beauty clinics for at…
A chronicle of achievements of the NNPC GMD Malam Mele Kyari within two years By Edith Ike-Eboh & Emmanuel Afonne On July 8, 2019, Malam Mele Kyari was officially inaugurated as the 19th Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), his appointment having been announced much earlier in June. In his inaugural…
The Suez Canal netted Egypt a record $5.84 bn in the last tax year, its chief said on Sunday, despite the coronavirus pandemic’s effect on world trade as well as a six-day blockage of the busy waterway by a giant cargo ship. “Despite various challenges, revenues from the canal rose sharply” in the fiscal year ending June…
By Ismail AbdulazizRelief came to communities in Kogi State as the Transport Division of the Dangote Cement Plc rolled out a plethora of community intervention activities to mark its ‘Sustainability Function’ for 2021. Dangote Cement had doled out billions of Naira in its ‘highly structured’ community relations schemes over the years, one of which is…
