NNPC crude oil and gas export rise to $416 million

NNPC crude oil and gas export rise to $416 million

 The Nigerian National Petroleum Corporation (NNPC), Thursday, said its crude oil and gas sales rose by 35.78 percent to $416.07 million in the month of June 2018. The NNPC, in a statement on its Monthly Financial and Operations Report for June 2018, added that crude oil export sales contributed $274.95 million which translated to 66.08 percent of…

India cuts fuel tax, refinery prices to ease pain of rising crude, weak rupee

India cuts fuel tax, refinery prices to ease pain of rising crude, weak rupee

India is cutting prices of gasoline and diesel by 2.50 rupees ($0.03) a litre, Finance Minister Arun Jaitley said on Thursday, the government’s latest step to tackle the impact of a sharp rise in crude oil prices and a weak local currency. The cut includes a reduction in excise duty of 1.50 rupees per litre,…

S.Arabia agrees to invest in new oil refinery in Pakistan’s Gwadar

S.Arabia agrees to invest in new oil refinery in Pakistan’s Gwadar

   Saudi Arabia’s Aramco has agreed in principle to invest in a new oil refinery in Pakistan’s Chinese-funded, deepwater port of Gwadar, the Pakistani petroleum minister said on Thursday. But a Saudi delegation visit ended with no economic lifeline for the South Asian nation’s looming foreign currency crisis. Petroleum Minister Ghulam Sarwar Khan said talks…

GoDo.ng pledges support for start-ups

GoDo.ng pledges support for start-ups

Ife Ogunfuwa GoDo.ng, a new start-up community in Lagos, has pledged to help aspiring entrepreneurs to leverage technology to start and scale up their businesses. Speaking on the concept of the innovation hub, the co-Founder, GoDo.ng, Chukwuemeka Agbata, said it was established to inspire start-ups to grow and develop their capacities. Agbata said in the…

Nigeria ranks 108th in mobile Internet speed

Nigeria ranks 108th in mobile Internet speed

Ife Ogunfuwa Nigeria has been ranked 108th in mobile Internet download speed out of 129 countries, the latest data from the Ookla’s Speedtest Global Index has shown. This position, which is for August 2018, is down by one place from the nation’s 107th position recorded in July, according to the index that compares Internet speed…

‘ICT, key to national security’

‘ICT, key to national security’

Godwin Isenyo, Kaduna The Executive Vice Chairman, Nigerian Communication Commission, Prof. Umar Danbatta, has said that Information and Communication Technology is key to national security. This, Danbatta said, was because the ICT and national security would continue to impact on transformation of the nation at various levels of the society and economy. The NCC boss…

How to mitigate effects of climate change, by ecologist

How to mitigate effects of climate change, by ecologist

An environmentalist, Mrs Gloria Bulus, has called for the application of evidence-based research and data to mitigate the effects of climate change in the country. Bulus, who is the Founder of Bridge-that-Gap initiative, a Kaduna-based non-governmental organisation, made the call in an interview with News Agency of Nigeria (NAN) on Tuesday, October 2, 2018 in…

Group seeks increased African participation in IPCC reports

An organisation, Future Climate for Africa, appears concerned about the seemingly low participation of African authors and expert reviewers in the preparation of assessment reports by the Intergovenmental Panel on Climate Change (IPCC) and wants the situation reversed. Prof. Olukayode Oladipo (left) stressing a point to (from left) Prof Daniel Gwary, Prof Mohammed Balarabe, Prof…

Symposium Urges Strengthened Legal Frameworks to Tackle Wildlife Crime

Symposium Urges Strengthened Legal Frameworks to Tackle Wildlife Crime

The Symposium on Strengthening Legal Frameworks to Combat Wildlife Crime in Central and West Africa brought together criminal justice authorities and national wildlife management authorities to discuss ways to strengthen legal frameworks to tackle illegal trade and improve control of legal trade. Five UN entities shared their expertise on illicit trafficking in wildlife and strengthening…

WHO Launches First Global Guidelines on Sanitation and Health

WHO Launches First Global Guidelines on Sanitation and Health

1 October 2018: The World Health Organization (WHO) has published a report titled, ‘Guidelines on Sanitation and Health,’ urging countries to invest in sanitation to limit the spread of disease and promote good health and economic productivity. The UN agency estimates that, based on current trends, 90 countries are unlikely to achieve SDG target 6.2…