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Two of 3 Nigeria stowaways face deportation from Spain
Two of the three stowaways who boarded the rudder of a Maltese ocean going tanker to Spain would now be returned home after taking timely opportunity to seek asylum in the Mediterranean country. The third stowaway is said to be…
Mozambique’s FLNG comes online
BP loads first cargo Italian energy company Eni said Wednesday that Mozambique’s president was on hand for an inauguration ceremony marking the first shipment of liquefied natural gas from the nation. President Filipe Jacinto Nyusi visited the Corul-Sul floating liquefied…
TEHC unveils Louisville smart housing at Eko Atlantic
TotalEnergies Staff Housing Cooperative Multipurpose Society Ltd (TEHC), is set to unveil Louisville, a future-focused housing development located at the Eko Atlantic City in Lagos. Louisville is a mixed-use development comprising 300 residential homes spread between two towers. Louisville has…
Features: Hollywood connecting Nollywood with Wakanda
To kick off their continent-wide promotional tour ahead of the African release of “Black Panther: Wakanda Forever,” director Ryan Coogler and stars Letitia Wright, Lupita Nyong’o, Danai Gurira, Tenoch Huerta and Winston Duke touched down in Lagos. The splashy premiere…
Refinery crunch pushes global diesel crisis
Inability of the global midstream capacity to produce adequate distillate fuels is behind the global supply crisis rocking industries that are fired with diesel and kerosene, mainly the transport and logistics industries. And the prevailing supply crisis and acute shortage…
MIT reports breakthrough in solid-state lithium battery development
Massachusetts Institute of Technology’s new discovery could finally usher the development of solid-state lithium batteries, which would be more lightweight, compact, and safe than current lithium batteries. The growth of metallic filaments called dendrites within the solid electrolyte has been…
Ukraine decrees $24.3 m food aid to Nigeria, others
Despite suffering crushing blows in the lingering Russian invasion of the country, the government of Volodymyr Zelenskyy of Ukraine has decided to send up to 125,000 tons of wheat or corn as humanitarian aid to four countries in Africa and…
Softening demand pulling on oil prices
Oil futures and swaps globally are increasingly showing signs of easing supply concerns and resurfaced concerns about further weakness in crude oil demand. The prompt spreads in the U.S. benchmark, WTI Crude, are already in contango, signaling enough near-term supply….
Dollar crunch: Ghana to barter oil with gold
Government of Ghana says it is working on a new policy to buy oil products with gold rather than U.S. dollar reserves in order to save the local cedi from freefall, curb inflation and level the country’s balance of payment…
Aging workforce: IMF report wants relaxed immigration rules for Africa
Sopuruchi Onwuka, with agency reports With aging population and predicted drop in overall population of industrialized western countries, it has become necessary for Europe and America to relax immigration rules and allow inflow of younger generation of Africans to repopulate…
