Oil prices climb as COVID recovery, power generators stoke demand
Crude oil prices hit multi-year highs on Monday buoyed by recovering demand and high natural gas and coal prices encouraging users to switch to fuel oil and diesel for power…
Global economy faces biggest headwind from inflation
Global inflation is spreading to a wider range of goods and services, as the rapid recovery in spending overwhelms the short-term ability of manufacturers, freight firms and service providers to…
NPA’s GM, Human Resources retires in grand style
*Mrs. Hariratu Maina Mohammed It was a combination of praises to the Almighty God, deep reflection and show of emotions at a colourful send-off party organised in honour of the…
NPA pledges support for African seaports’ digital revolution
From left: Acting Managing Director, Nigerian Ports Authority, NPA, Mohammed Bello-Koko and Secretary General, Ports Management Association of West and Central Africa PMAWCA, Jean Marie Koffi during the visit in…
IMF: ‘Great financing divide’ between rich, poor nations slows recovery
Economic growth in poorer countries will likely lag pre-pandemic expectations for years, given gaps in vaccination rates, revenue growth and the ability to borrow, the International Monetary Fund IMF said…
Oil consumption to reach its peak after 2025 — IEA forecast
The global demand for oil will eventually start to decline in the long-term perspective under any scenario of de-carbonisation of national economies, the International Energy Agency IEA said in its…
AfCFTA: NPA repositions seaports, prioritises intra-African trade
Ag. MD, NPA, Mohammed Bello-Koko The Nigerian Ports Authority NPA has assured that everything is being done to reposition the nation’s seaports to provide efficient and reliable gateway to enhance…
Truck e-call-up system not compromised, says MD NPA…Insists completion of Mile-2 Rd will totally eliminate traffic
Ag. MD, NPA, Mohammed Bello-Koko Acting Managing Director of the Nigerian Ports Authority NPA, Mohammed Bello- Koko, has assured that the platform for the truck electronic call-up system also called…
Police AIG Maritime visits Shippers Council, pledges support
From left: Director, Legal Service, Nigerian Shippers' Council, Alh. Thair Idris, Lead Coordinator NPPM Task Team, Mr. Moses Fadipe, AIG John Amadi, CEO, NSC, Hon Emmanuel Jime, Commissioner of Police,…
Petrol tanker drivers suspend strike in Lagos…Warn against delayed implementation of agreements
The leadership of the Nigeria Union of Petroleum and Natural Gas Workers has announced the suspension of its planned strike less than four hours to its commencement. The planned withdrawal…