By Foster Obi International Maritime Organisation (IMO), said some 400,000 seafarers from across the globe are now stranded on ships, continuing to work but unable to be relieved, in a deepening crew change crisis which threatens trade and maritime safety. A statement by IMO said that during a high-level event on the margins of the […]
The first prosecution witness, PW1, Adebayo Adeniyi, an investigator with the Economic and Financial Crimes Commission, EFCC, on Wednesday, September 30, 2020, told Justice Muhammed Liman of the Federal High Court sitting in Ikoyi, Lagos how a former Speaker of the Lagos State House of Assembly, Adeyemi Ikufori, diverted the sum of N14.7m through his […]
The United Nations Conference on Trade and Development has released a report decrying the illicit financial flows from Africa, saying Nigeria accounted for 80 per cent capital flight from West Africa and 46 per cent from the entire continent. The UNCTAD’s Economic Development in Africa 2020 Report, released on September 29 is titled, ‘Tackling illicit […]
Energy group Shell has revealed plans to back hydrogen fuel cells on the road to shipping’s 2050 decarbonization goals, tagging LNG bunkers as the bridging fuel between that and conventional oil-based bunker fuels. “We believe liquid hydrogen to be advantaged over other potential zero-emissions fuels for shipping, therefore giving a higher likelihood of success,” it […]
The President, Major General Muhammadu Buhari (retd.), on Friday, signed the Doha Amendment of the Kyoto Protocol to the United Nations Framework Convention on Climate Change. With that, Nigeria has become the 144th country to ratify the protocol. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed this in a […]
By Foster Obi ICAO Secretary General Dr. Fang Liu has announced the official launch of ICAO’s new web-based registration system for aeronautical agreements and arrangements (WAGMAR). According to him, “Countries have an obligation under the Chicago Convention to register their aeronautical agreements with ICAO so that these can be published,” Dr. Liu explained. “These can […]
Chevron Nigeria Limited has said it will slash its workforce by 25 per cent as it is reviewing its manpower requirements in the light of the changing business environment. CNL disclosed this on Friday in a statement entitled ‘Chevron Nigeria Limited reviews workforce in accordance with business exigencies’. The oil major said it would continue […]
By Foster Obi The International Air Transport Association (IATA) has warned that the damage being done to the African aviation industry and on economies by the shutdown of air traffic owing to the COVID-19 pandemic has deepened. This is in line with new data published yesterday by the Air Transport Action Group of which IATA […]
Emirates Airline has said it will restart services to Entebbe, Uganda on 1st October. The addition of Entebbe expands Emirates’ African network to 20 destinations, enabling customers to safely and easily connect to destinations across Europe, the Far East, the Americas, the Middle East and West Asia with one convenient stop in Dubai. Emirates will […]
Food and Agricultural Organisation (FAO), Director General, QU Dongyu has said that Biodiversity underpins most of the world’s economic activities, particularly in the agri-food sector, so the pace of its erosion must be contrasted with holistic, coherent and collective efforts. “Its loss undermines global efforts to tackle poverty and hunger – no biodiversity, no food […]