TWO people were feared dead in the re-run governorship election in Adamawa State following attempts by suspected political thugs to snatch ballot boxes in Michika, home to former governor of the state, Mr. Boni Haruna and former Lagos State military … read more
Industrial action and attacks from militants have forced the two biggest oil companies in Nigeria to cut their production. Exxon Mobil and Royal Dutch Shell are both reducing output, which is helping to keep oil prices near record highs. Militant … read more
Oil prices soared toward this week’s record peaks Friday as traders fretted over threats to global energy supplies in Nigeria and Britain, analysts said. New York’s main oil futures contract, light sweet crude for delivery in June, surged 2.46 dollars … read more
Thursday, April 24, 2008 at 2218Hrs, heavily armed fighters from the Movement for the Emancipation of the Niger Delta (MEND) provided cover for its detonation engineers who successfully sabotaged a major crude oil pipeline located at Kula river in Rivers … read more
The Rivers state government says it is taking the war against abduction and other forms of criminality in the state back to the door steps of the perpetrators, even as it says it will never negotiate with �terrorists�. The state�s … read more
The Minister of Foreign Affairs, Chief Ojo Maduekwe, said on Friday that the Federal Government has not received details of the alleged maltreatment of a Nigerian deportee on board the British Airways. The deportee, Mr Ayo Omotade, was alleged to … read more
The British carrier, British Airways, is in trouble as the Federal Government�s hammer may fall on it over the bad treatment it meted out to about 130 Nigerian passengers on board one of its flights in London Heathrow Airport on … read more
AS the price of a barrel of oil on the open market hovers around $120, market analyst, Jim Jubak, has predicted a market top of $180 per barrel. In his regular column posted on msn.com, Jubak predicted an additional 50 … read more
BRITAIN has listed the use of Nigeria’s oil wealth for the benefit of the citizens and a crackdown on the dumping of fake products in the country as among its major expectations from the Federal Government. It said the expectations … read more
Members of a white-collar union working for Mobil Producing Nigeria (MPN), an affiliate of US oil group ExxonMobil, began an indefinite strike Thursday over pay and working conditions. ExxonMobil confirmed that there had been “some withdrawal of services” by members … read more