Gas Tanker Runs Aground off Nigerian Coast

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A Liquefied Natural Gas (LNG) tanker has run aground off Nigerian coast after taking on a cargo at the Bonny Island export plant, two trading sources said.

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Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Nigeria’s earnings to drop on oil fall — Aganga

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Read Time:3 Minute, 23 Second

NIGERIA’s earnings from overseas will drop hugely this year due to the falling global oil prices.Olusegun Aganga, the Minister of Industry, Trade and Investments, gave this hint, weekend, when he inspected Secure ID and its subsidiary, Secure Card Manufacturing Limited in Lagos.

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Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Oil Market: Assessing Nigeria’s Survival Strategies as Big Players Flex Muscles

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Read Time:9 Minute, 21 Second

 As the glut in global oil supply continues to depress oil prices with the attendant threat to the economies of oil-producing states, analysts say the brewing leadership struggle among leading producers of oil has again underscored the need for Nigeria to hedge the economy against the backlash of the emerging price war, reports Festus Akanbi

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Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Nigeria Set to Achieve Self-sufficiency in Rice Production, Say Investors

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Read Time:1 Minute, 51 Second

 The Nigerian Rice Investors’ Group has said that the rice import quota policy of the federal government would ensure self-sufficiency in rice production in the country.

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Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Digital Campaign and Views about Political Branding

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Read Time:7 Minute, 17 Second

 Raheem Akingbolu takes a look at the place of marketing and branding in the ongoing electioneering campaign of political office seekers, using the Lagos State gubernatorial candidate of the All Progressive Congress (APC), Akinwunmi Ambode, as an example

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About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Making Nigeria a Load Centre in West Africa

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Read Time:8 Minute, 9 Second

 Shipping experts are of the view that Nigeria urgently needs to build a brand new deep seaport in Lagos, among other reforms that will reduce costs and corruption in the ports system, as the only way to beat other West and Central African countries in the struggle for a load centre in the region, writes Francis Ugwoke

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Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Crude Oil Price Falls Below $56 per Barrel

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Read Time:2 Minute, 7 Second

As the Organisation of Petroleum Exporting Countries (OPEC) refuses to cut crude oil production, coupled with the shale oil boom in the United States, the glut in the oil market on Wednesday forced the price to fall below $56 per barrel.

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Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Nigeria in deep financial trouble, Brent oil falls under $50

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Read Time:2 Minute, 7 Second

Nigeria may be in for a terrible financial quagmire as the price of Brent oil drops below $50, for the first time since 2009.Nigeria had based its N4.3 trillion budget for 2015 on an oil price of $65, but the projection appears to have exploded into smoke.

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Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Russia and the Failures of the Western Financial System

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Read Time:6 Minute, 8 Second

2014 was a year of posturing.  The U.S. “postured” by trying to lure Mr. Putin and Russia into a war.  First it was over Syria and then later over Ukraine.  The Russians postured by not taking the bait and buying time.

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Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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Finally, Shell to Pay £55m Compensation to Niger Delta Community for Oil Spills

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Read Time:1 Minute, 8 Second

Shell Petroleum Development Company has finally agreed to pay £55 million in compensation for what it described as the two regrettable oil spills that occurred in Bodo community in Gokana Local Government Area of Rivers State in 2008, an indication that the community rejected the £30 million ($51 million) allegedly offered initially by the oil giant.

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About Post Author

Anthony Claret

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
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