NGO trains over 20,000 undergraduates on plastic pollution
By Peter Egwuatu U-Recycle Initiative Africa, a youth-led Non-Governmental Organisation, NGO, has trained over twenty thousand youths across four federal universities in Nigeria through the second edition of its flagship multi-year initiative for universities, called PlasticWize 2.0. The NGO is advancing environmental education, circular economy solutions, and climate action across Africa. Through PlasticWize 2.0, themed, “Redefining […]
NIMASA, receives presidential recognition for quality service delivery
“We want to commend NIMASA for emerging as the best Nigeria’s Agency of Government in exemplary teamwork, quality service delivery and consistency. PEBEC also wishes to commend the Minister of Marine and Blue Economy, Adegboyega Oyetola for his commitment to ensuring that all the Agencies under the Ministry improve their service delivery in a consistent manner.”
Shipowners call for protection of marine environment
“The Nigeria Shipowners Association acknowledges the significant challenges you face, from the perils of the sea to the sacrifices of being away from your loved ones. We are committed to advocating for your welfare, ensuring safe working conditions, and promoting policies that recognize and respect the vital role you play.”
How Nigeria can harness world’s $10trn blue economy —Maritime expert
“I expect participants of SEDS to become job creators, employment generators and dependable entrepreneurs instead of job seekers; that from now on, we will have more job providers, more investors, more entrepreneurs and more of those who will help build the blue economy sector of our dream.”
OGFZA, 8 other MDAs top PEBEC ranking
“I congratulate you all our Reform Champions and the Management and entire staff of OGFZA for making us proud. I encourage you to keep up the spirit.”
Oando records N74.7bn Profit-After-Tax as turnover rises 71% in 2023
Despite the challenging business environment, Oando PLC, Nigeria’s leading indigenous energy solutions provider, posted a N74.7 billon Profit-After-Tax (PAT) in its full-year-ended 2023
Stockbrokers’ Institute inducts Onyeagwu Associate Member
Chartered Institute of Stockbrokers (CIS), has inducted the Group Managing Director and Chief Executive Officer of Zenith Bank Plc, Dr Ebenezer Onyeagwu as an Associate Member.
NNPCL, ExxonMobil seal settlement agreement on $1.28bn asset divestment deal
NNPC Limited and ExxonMobil have signed the settlement agreement on the proposed $1.28 billion asset divestment of Mobil Producing Nigeria Unlimited to Seplat Energy Offshore Limited.
Platform Petroleum targets 10,000 barrels of oil, 50bn scf gas daily
Platform Petroleum, a leading Nigeria’s indigenous oil and gas company, has unfolded plans to achieve 10,000 barrels of oil and at least 50 billion standard cubic feet of gas daily by 2025.
N1.3trn debt weighs down GenCos availability capacity to 35%
Despite having 27 power plants connected to the National Grid with an installed capacity of 12,249 Megawatts, a huge debt of N1.3 trillion has pushed generation companies’ plant available capacity to just 34.66 percent or 4,251.81MW in the first quarter of 2024, latest data from the Nigerian Electricity Regulatory Commission, NERC, has indicated.
Middle East tensions to impact tanker market
THE tanker market is bound to be further impacted by the escalation of the Middle East tensions. In its latest weekly report, shipbroker Xclusiv said that “news of an Israeli strike on Iranian territory, potentially escalating tensions in the Middle East, sent shockwaves through global markets.
