An Italian oil company has denied reports it tried to pay ransom money to release four employees being held by militants in Nigeria’s oil-rich Delta. Four workers for the Agip oil firm were taken hostage a month ago. On Wednesday, … read more
Petroleum product marketers in Port Harcourt on Thursday began selling products to consumers in earnest following the failure of the Federal Government to hike the fuel price. Marketers had subjected motorists in Port Harcourt and its environs to what the … read more
Despite the havoc caused by their illegal activities in Abule Egba area of Lagos on December 26, 2006, pipeline vandals have shifted base to Isheri-Olofin along LASU-Idimu Road in the outskirts of Lagos. As a result, residents living along the … read more
The Federal Government has warned Virgin Atlantic and British Airways for treating Nigerians on board their flights with contempt. A statement from the office of the Minister of Aviation, Chief Femi Fani-Kayode, states that the two airlines have been treating … read more
Rivers State Police Command on Thursday justified its continuation of stop-and-search operations on the streets of Port Harcourt, the state capital, in order to check violent crimes in the state. The command deployed its officers and men in the streets … read more
Gunmen in Nigeria’s volatile southern Niger Delta abducted five Chinese workers in the early hours of Friday in what appeared to be a kidnapping for ransom, authorities and security sources said. The Chinese embassy in Abuja said it was in … read more
Motorists in Delta State have been experiencing hard times as the price of petrol has gone beyond their reach. Already, inter and intra city transport fares had been jerked up in view of the prohibitive prices of PMS. Besides, filling … read more
Nigeria’s ruling party presidential contender Umaru Musa Yar’Adua says if elected in April he will continue the anti-graft policies of his predecessor. “I will continue with this effort vigorously until every Nigerian, anywhere in the world, can proudly raise his … read more
Irked by the inability of the Power Holding Company of Nigeria to distribute power from its Omoku gas turbine to all parts of Rivers State, the state government is seeking the Federal Government�s approval to generate and distribute power in … read more
NIGERIA and Iran plan to establish a multi-billion dollar joint venture oil company in line with earlier agreements for the design, construction and installation of offshore platforms to service industry needs, according to Mr. Masud Soltanpur, Managing Director of the … read more