Nigeria advances transcontinental gas pipeline to Europe

..Targets 30bcm annual supply By Seun Ibiyemi The Federal Government has made progress on its proposed transcontinental gas pipeline project aimed at transporting Nigeria’s vast natural gas reserves to European markets. The pipeline, still at an early development stage, is being driven by a consortium of global industry players. It will undergo extensive technical, commercial,…

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Clean cooking can cut costs, boost health in Nigeria – Study

By Seun Ibiyemi A new international study has revealed that adopting clean cooking energy in Nigeria could significantly reduce long-term household expenses, improve respiratory health, and ease pressure on the nation’s healthcare system. The research, co-led by Davies Adeloye of Teesside University, was conducted under the C2REST Nigeria Study, a three-year initiative funded by the…

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Shippers’ Council orders immediate suspension of new shipping tariffs

By Seun Ibiyemi The Nigerian Shippers’ Council (NSC) has directed all shipping lines and their agents to immediately suspend the implementation of recently approved tariff increases in the port and shipping sector. The directive, issued as part of the Council’s statutory mandate as the economic regulator, follows ongoing engagements with key stakeholders and concerns over…

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NIMASA DG felicitates Muslims on Eid, urges compassion, unity

By Seun Ibiyemi The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dayo Mobereola, has extended warm greetings to Muslim faithful in Nigeria and across the world as they celebrate the Eid al-Fitr festival, calling on citizens to uphold values of compassion, discipline, and service to humanity. In a statement issued by the…

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IMF warns rising energy prices could fuel global inflation

By Seun Ibiyemi The International Monetary Fund (IMF) has warned that sustained increases in energy prices could drive global inflation and weaken economic growth if the current trend persists. IMF spokesperson, Julie Kozack, disclosed this on Thursday, noting that ongoing conflict has already disrupted seaborne shipments of oil and natural gas, pushing crude oil prices…

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NSC urges dialogue as freight forwarders protest tariff hike

By Seun Ibiyemi The Executive Secretary of the Nigerian Shippers’ Council (NSC), Akutah Pius, has urged freight forwarders to embrace dialogue over industrial action in response to recent tariff increases, warning that prolonged disputes could harm Nigeria’s economy and disrupt trade. Akutah made the appeal on Thursday in Lagos while reacting to the picketing of…

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NGX urges infrastructure investment to drive Nigeria’s economic growth

By Seun Ibiyemi The Nigerian Exchange Group (NGX Group) has called for increased investment in Nigeria’s critical infrastructure to unlock economic growth and enhance the country’s global competitiveness. In a statement issued in Lagos, the Group said its Chairman, Umaru Kwairanga, made the call on Thursday at the Nigeria Infrastructure Investment Forum in London. Kwairanga,…

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