Nigeria is the eighth richest oil country in the world and the wealthiest in Africa, with oil revenues accounting for nearly 80% of the national budget. Over the decades, Nigeria has earned billions of dollars from its oil sector, and … read more
‘This Day’ newspaper is sponsoring a musical festival this coming Saturday and Sunday, October 7 and 8, respectively. The venue for the first evening will be the �Polo Grounds�, located adjacent to Awolowo Road in Ikoyi, Lagos; this is approximately … read more
Soldiers in attack helicopters battled speedboats full of heavily armed fighters for control of key oil installations. Seven foreigners were snatched from within the barbed wire topped walls of a residential compound. Militants claimed dozens of soldiers were killed and … read more
Niger Delta militants on Wednesday claimed the killing of nine soldiers in a firefight in Ekulema, Rivers State. �In the ensuing firefight, which lasted about one and a half hours, our units captured two gunboats, killing all occupants, nine soldiers,� … read more
Armed men attacked a convoy in Nigeria’s oil-rich southeastern delta Wednesday, sparking a gunbattle with security forces, a government security official said Brig. Gen. Alfred Ilogho said the convoy was carrying soldiers and supplies for a Agip, a subsidiary of … read more
FEDERAL Government yesterday commissioned the much awaited 300,000 litre capacity Mega floating station to dispense petroleum products at retail pump prices in the Niger Delta to boost commerce in the area. The Mega floating station, �MV Nembe�is the first of … read more
At about 1700 hrs today, Thursday october 4, 2006, our units dispatched to protect communities in rivers state were attacked by 9 gunboats and one helicopter gunship belonging to the nigerian army. \ In the ensueing firefight which lasted about … read more
Seven expatriate oil workers abducted in Nigeria are in good health and their kidnappers have demanded a ransom, a diplomat said on Thursday. Fighting between militants and troops in a different part of the Niger Delta subsided overnight but Royal … read more
Nigerian militants accused troops of razing a village in the oil-producing Niger Delta on Thursday and threatened reprisals but a military spokesman denied an attack on the Elem-Tombia community had occurred The Movement for the Emancipation of the Niger Delta … read more
At least seven foreign oil workers were kidnapped in a militant attack on an oil industry compound in Nigeria’s southern oil-producing delta on Tuesday, oil industry sources said. The workers — including three Britons and two Malaysians — were taken … read more