NPA synergises with private sector to boost non-oil exports
MD NPA, Mohammed Bello-Koko Federal Government’s efforts at promoting non-oil exports as part of measures to diversify the economy from its current mono product status received a major boost as…
Oil prices slump as stockpiles, rate hikes stoke demand worries
Oil prices fell more than $3 on Thursday after higher gasoline stockpiles stoked demand worries and returning energy supply from Libya and Russia eased supply concerns. futures dropped $, or…
IMO removes regulatory hurdles, boosts biofuels
The decision of the International Maritime Organisation IMO to remove some regulatory hurdles on biofuels may provide the much needed boost for the use of the new and clean energy,…
How Gulf of Guinea loses over $1.9bn annually to illegal fishing
The Gulf of Guinea region, which is predominantly rich in oil and fish, in addition to being the main shipping routes, loses in excess of $ ( euros) annually due…
Transport Ministry, Shippers Council to sensitise stakeholders
Newly appointed Minister of Transport, Mu'azu Jaji Sambo The Federal Ministry of Transport, in collaboration with Nigerian Shippers' Council NSC is concluding plans to hold a one-day sensitisation programme on…
IMB lauds piracy reduction in Gulf of Guinea…As BIMCO seek full deployment of Deep Blue assets
Some of the maritime security assets under the Deep Blue Project in action. The Malaysia-based International Maritime Bureau IMB has lauded the drastic reduction in the cases of piracy and…
House Committee lauds NPA on port development
MD NPA, Mohammed Bello -Koko (middle), Chairman, House Committee on Ports & Harbours, Garba Muhammed Datti (2nd left), Deputy Chairman of the committee, Jimoh Ojugbele (left), Executive Director, Finance &…
EU cuts euro zone growth forecasts, revises up inflation outlook
The European Commission cut its forecasts for economic growth in the euro zone for this year and next and revised up its estimates for inflation on Thursday largely due to…
Oil theft: NIMASA mulls deployment of special aircrafts
From left: Minister of State for Petroleum Resources, Timipre Sylva and DG NIMASA, Dr Bashir Jamoh aboard one of the Special Mission Aircrafts. Worried by the increasing cases of crude…
Post-VAIDS: JTB, FIRS to begin full enforcement against defaulters
The Joint Tax Board JTB in collaboration with the Federal Inland Revenue Service FIRS is concluding plans to begin a full scale enforcement exercise against defaulting taxpayers. This is sequel…
