BY GODWIN OBI The Organisation of Petroleum Exporting Countries (OPEC), has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly released monthly Oil Market Report for June 2024,Continue Reading
BY GODWIN OBI Nigeria’s seaports are at risk of congestion due to the absence of a functional rail system for evacuating cargo to the hinterland, Pius Akutah, Executive Secretary/CEO of the Nigerian Shippers’ Council (NSC), has said. Speaking in Lagos on Thursday at a sensitisation programme organised by the Council,Continue Reading
BY GODWIN OBI A devastating explosion and fire on a wooden cargo boat in Bayelsa waterways has claimed the lives of 20 people, with many more still unaccounted for. The boat, carrying over 64 passengers and crew, as well as farm produce, was en route to Swali market in YenagoaContinue Reading