The Federal Government on Tuesday, February 5, 2019 said it has mobilised 16 contractors to carry out environmental remediation and cleanup of oil spill in Ogoniland. Minister of Environment, Alhaji Suleiman Zarma, said this when a group of ambassadors interested in the remediation of the oil spill in the Niger Delta visited him in Abuja….
The Physical Planning Renaissance Initiative (PPRI), a non-governmental organisation (NGO) established to advance urban planning agenda, is to debut its magazine in the second quarter of 2019. The publication, named “Planning Renaissance”, will be an online magazine in the first instance. It is aimed at educating and informing the gamut of stakeholders in the industry…
In a clear sign of continuing long-term climate change associated with record atmospheric concentrations of greenhouse gases, 2015, 2016, 2017 and 2018 have been confirmed as the four warmest years on record. A consolidated analysis by the World Meteorological Organisation (WMO) of five leading international datasets showed that the global average surface temperature in 2018…
Chevron Corporation today published an update to its March 2018 report describing the company’s approach to managing climate change risks and its resilience under a low carbon scenario. The update supplements Climate Change Resilience: A Framework for Decision Making with new information on the company’s governance framework and climate change related actions and investments. “This…
Eko Electricity Distribution Company (EKEDC), says its marketers tasked with the role of door to door revenue collection would henceforth be known as Eko Field Representatives (EFR). Mr Godwin Idemudia, General Manager, Corporate Communications of EKEDC disclosed on Thursday in Lagos that the name change was due the ongoing reorientation of staff members. According to…
Oil prices fell on Tuesday, a day after data showing a decline in U.S. factory orders dragged both benchmarks down from 2019 highs. Despite the slide, investors expect U.S. sanctions on Venezuela and production cuts led by OPEC to head off a glut this year, buoying prices. U.S. crude futures were down 50 cents, or…
The African Development Bank and the Economic Community Of West African States Commission, ECOWAS, have signed an agreement for a study into a 1,000-kilometre highway linking Cote d’Ivoire’s commercial capital Abidjan, to Lagos in Nigeria. The development marks a new step in building regional integration and trade. The proposed Abidjan-Lagos Corridor Highway, a six-lane (3-lane dual) motorway, will…
The Executive Secretary of Nigeria Shippers’ Council, Mr. Hassan Bello, has revealed Federal Government’s plan to return the country to international shipping. Bello, who doubles as chairman, Nigerian Fleet Implementation Committee, NFIC, the Vice President, Prof Yemi Osinbajo has directed the NFIC and the Nigerian Investment Promotion Commission, NIPC, to review an existing proposal on…
Demand for Angolan crude from Chinese refiners in the run-up to the lunar new year holiday has all but drained supplies of March-loading cargoes, while Nigerian differentials have held up thanks to a draw of barrels to European refiners. * Traders said there are fewer than five March cargoes left, meaning the programme has effectively…
Fifteen finalists have emerged in the 2018-2019 Startupper challenge of the Year sponsored by Total. In a list sent by the firm on Monday, the shortlisted finalists were selected out of more than 5,212 entries, through a questionnaire and a “Share for Likes” voting phase, before being reviewed by social business professionals. They include: Amoo…