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Daily Archives: April 5, 2019

AIB Discloses Plans To Release Final Report On Delta Air Lines Incident

AIB Discloses Plans To Release Final Report On Delta Air Lines Incident

ACCIDENT Investigation Bureau( AIB) will release six final reports of accidents and incidents on the 25th of April, 2019 including the serious incident involving Delta Airlines Airbus A330-223 on the 14th of February 2018 which one of its engines caught ...

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Marine plastic pollution costs $13b damage yearly

Marine plastic pollution costs $13b damage yearly

• Poses threat to blue economy agenda As the global shipping industry continues to tackle the menace of plastics waste on waters, facts have emerged that about $13 billion are lost to damage caused to the marine ecosystem by plastic ...

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FG targets 4mbpd oil production, tasks local firms on IOCs’ divestments, others

FG targets 4mbpd oil production, tasks local firms on IOCs’ divestments, others

The Minister of State for Petroleum Resources, Ibe Kachikwu has tasked indigenous operators to step up their investments and take over major operations from international oil companies, especially as many are already considering divesting and charting new paths. Besides, the ...

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Afreximbank unveils digital ecosystem to capture $60b informal trade

Afreximbank unveils digital ecosystem to capture $60b informal trade

African Export–Import Bank (Afreximbank) has said it is creating a digital ecosystem that will eliminate major bottlenecks to trade and financial flows within the continent. According to the bank, when completed, the platforms could triple the share of intra-African trade ...

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Nigeria makes first crude oil sale to United States in six months

Nigeria makes first crude oil sale to United States in six months

A cargo of Nigeria’s distillate-rich Bonga crude is due to move to the United States (U.S.) from the May loading programme, traders have disclosed, after a near six-month hiatus. According to U.S. Customs data, the last cargo of Bonga arrived ...

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