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NPA committed to corrupt-free ports -Bello-Koko

Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko, has reiterated the organization’s commitment to the elimination of systemic corruption and other criminal practices at the nation’s seaports. He has equally…

NNPC says reports of fuel price increase is fake news

The Nigerian National Petroleum Corp Ltd has warned that it has not reviewed ex-coastal, ex-depot and NNPC Retail prices. NNPC disclosed this in a statement on Sunday referring to a document that has gone viral online as “fake news” and…

Maritime Safety: NIMASA, NiMet sign MoU

The Nigerian Maritime Administration and SafetyAgency (NIMASA) and the Nigerian Meteorological Agency (NiMet), have signed a Memorandum of Understanding (MoU) setting out areas of collaboration in weather forecasting and climate research.…

NPA MD urges maritime workers to shelve strike against IOCs

...calls on Customs Agents to suspend protest against VIN valuation policy Paul Ogbuokiri The Maritime Workers Union of Nigeria (MWUN) seems set to shelve its planned shut down of operations at all ports and oil terminals in the…

Seplat acquires Exxon’ $1.3bn shallow-water oil assets

Seplat Energy Plc, Nigeria’s biggest independent oil company, has agreed to acquire some of Exxon Mobil Corp.’s assets in the country for at least $1.28 billion. The acquisition will almost triple Seplat’s production volumes, adding…