Author Archives: Chief Oyibo

Collapsed building: Death toll rises to 12

DEATH toll in the collapsed four-storey building on Oderinde Street, Idi-Araba, Lagos has risen to 12. Nine more bodies were recovered yesterday from the rubble, three of them children of same parents. However, an eight-month old baby, Divine Emmanuel, was … read more

Another Lagos Building Collapses

A young man was confirmed dead, 14 injured and several others trapped in a collapse building in Lagos yesterday. The three-storey old building is situated along Agoro Street, behind College of Medicine, Idi Araba, Surulere, Lagos. The incident, according to … read more

Oil Workers Shelve Planned Strike

Oil workers under the auspices of the National Union of Petroleum and Natural Gas and the Petroleum and Natural Gas Senior Staff Association of Nigeria yesterday accepted Federal government’s plea to suspend their industrial action scheduled for today. The decision … read more

Halliburton scandal: The Nigerian angle

No one would have heard of the Nigeria LNG bribery scandal if not for Georges Krammer, former Director General of the French company, Technip. Krammer was accused of paying 3 million euros in illegal commissions during investigations into Elf-Aquitane operations … read more

Air traffic engineers back down on strike

The National Association of Air Traffic Engineers (NAAE) has suspended its plans to embark on strike. It took eight hours yesterday for the Nigerian Airspace Management Agency (NAMA) authorities to prevail on the aggrieved workers not to down tools. The … read more

FG halts nationwide oil workers strike

STRONG indication emerged after the top secret security meeting between the Presidency and the leadership of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the National Union of Petroleum Gas Workers (NUPENG) on Monday that the … read more

Market rebound collapses again

The rebound, which the capital market recorded last week Friday after weeks of consecutive losses, collapsed at the close of Monday’s trading. The Nigerian Stock Exchange’s market capitalisation and All-Share index were down by 0.36 per cent each. Over N16.52 … read more

Expat kidnapped in Lagos

OOL sources inform us that a Lebanese national was kidnapped yesterday evening in Victoria Island, Lagos. The incident occurred at 17:40hrs and the man was taken from a construction site on Mbadiwe Azikwe. The site is located right on the … read more