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FG loses N1.474tn to 222 terminal shutdowns in 10 months

Nigeria’s crude oil earnings were depleted by about N1.474tn between January and October 2021 due to various concerns at terminals that prevented the production of 50.788 million barrels of oil during the 10-month period. It was gathered that community interferences, industrial actions by oil workers, COVID-19 outbreak at some terminals, pipeline vandalism, among others, curtailed […]

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EU Under Pressure on ‘Ghost Flights’

The European Union is under increasing pressure to further ease rules on airport take-off and landing slots to cut the number of “ghost flights” airlines are running to retain them. Carriers say the requirement for them to use 50% of their slots — down from 80% in pre-pandemic days — or lose them is forcing […]

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Cameroon Set To Host AFCON Amid COVID-19 Pandemic

Fifty years after last hosting the Africa Cup of Nations, Cameroon kick off the continental showpiece on Sunday targeting a sixth title while hoping the spectre of the coronavirus does not overshadow the tournament. Cameroon, who play 2013 runners-up Burkina Faso in their opening Group A match at the vast new 60,000-seat Olembe Stadium in […]