MEND warn of attacks and car bombings to mark President Yar’Adua’s first year in office. The e-mail, issued to journalists by their spokesman – Jomo Gbomo – is reproduced in full below. From: Jomo Gbomo Sent: 28 May 2008 16:43 … read more
The Nigerian military has confirmed that a major pipeline in the country’s oil-rich Niger Delta has been blown up. But it denied a militant claim that it had lost 11 troops during the attack. The Movement for the Emancipation of … read more
Hundreds of commercial motorcyclists (okada) took to the streets of Port Harcourt, Rivers State, yesterday, protesting government�s proposed ban of the cyclists on 35 major roads and some streets of the city and Obio/Akpor council of the state. Consequently, scores … read more
FORMER Siemens AG executive Reinhard Siekaczek yesterday told a court in Munich, Germany, that he built a system of slush funds at a unit of the engineering firm through which officials in several countries, including Nigeria, were bribed with company … read more
The financial quagmire afflicting the operations of the Nigerian National Petroleum Corporation (NNPC) and Shell Petroleum Development Company (SPDC) Joint Ventures (JVs) may have finally come to an end with the sealing of a financing agreement between the two parties … read more
Crude oil prices rose after reports of attacks on a pipeline in Nigeria stoked fresh supply concerns. US light, sweet crude gained $1.27 cents to reach $133.46, while London Brent added $1.23 to $132.80. It has been a volatile few … read more
Nigeria’s ruling party has retained the governorships of the oil-producing state of Bayelsa and of northern Sokoto in re-runs of elections last year that were condemned as not credible, officials said on Sunday. The courts had annulled the election of … read more
Nigeria�s embarrassing reputation as a haven of bribe-for-contract scandals is set to be further damaged with the new revelations coming from Germany. Julius Berger Nigeria Plc, the civil engineering giant which dominates construction contracts in Nigeria, has been named as … read more
To say nothing has changed in the oil and gas sector in the past one year will not be an exaggeration If anything, the industry has fared even worse in the 12 months of President Umaru Yar�Adua. The delay in … read more
BARELY one month that the acting State PoliceCommissioner, Mr. Jacob Oshiomogho addressed the press and raised alarm over the activities of kidnappers and the subsequent rescuing of a final year student of Delta State University (DELSU) Abraka for a N20m … read more