Niger Delta rebels on Tuesday promised to halt attacks on the oil industry if the Nigerian government would allow U.S. President Jimmy Carter to act as a mediator in the simmering conflict. The rebel Movement for the Emancipation of the … read more
Crude oil rose to a record $122.73 a barrel in New York on threats to supply in Nigeria and Iraq and growing Asian fuel consumption. Royal Dutch Shell Plc said a militant attack over the weekend damaged a flow-station in … read more
Senate bars FG from importing N80bn rice read more
President of the Nigerian Bar Association (NBA), Mr. Olisa Agbakoba and former presidential candidate of African Democratic Congress (ADC), Professor Pat Utomi have decried the inability of the Niger Delta Development Commission (NDDC) to fully perform and affect the lives … read more
Each evening, headscarf-shrouded women seeking romantic advice gather at book stalls lining a rush-hour intersection in Nigeria’s Islamic heartland. With the sun setting red behind a nearby mosque, the women thumb through northern Nigeria’s unique, female-authored literary offerings: cheaply bound … read more
The Federal Government has advised militant groups in the oil-rich Niger-Delta region to hold leaders of the region accountable for the deprivations and under-development suffered by oil-producing communities despite the huge resources accruing to oil-producing states. Secretary to the Government … read more
IF there were doubts about the shift in global oil industry focus on the new frontier for oil exploration and production on the African continent, the ongoing Offshore Technology Conference in Houston, Texas cleared the air when its opening session … read more
Rebels who have stepped up attacks on Nigeria’s oil industry in the last month said on Sunday they were considering a ceasefire appeal by U.S. presidential hopeful Barack Obama. The Movement for the Emancipation of the Niger Delta (MEND) has … read more
The Federal Government has ordered the Nigerian Navy to attack any ship entering Nigerian territorial waters illegally to lift oil from the Niger Delta. THISDAY gathered that the new directive will be communicated to the embassies and missions of countries … read more
AT least 3,500 workers would be laid off in the ongoing re-organisation in the Dutch oil firm, Shell Petroleum Development Company, investigations by our correspondent has revealed. Findings in the oil firm showed that the management had penciled down 3,500 … read more