News

Gunmen abduct Lebanese man in Edo

A Lebanese businessman, whose name was given as Sarkis, has been kidnapped in Edo State. Sarkis, who is the Managing Director of Reality Nigeria and a petrol dealer, was said to have been abducted on Tuesday night at his house … read more

Gulf of Guinea Piracy Increases

Gulf of Guinea piracy is set to become the next major concern for oil shipments as attacks, particularly on oil tankers, are on the rise, along with insurance premiums for shippers; but a recalculation of security needs beyond the short-term … read more

Analysis: Oil cuts as Delta erupts

As the government contends with a Boko Haram militia determined to make the north ungovernable, a new round of attacks has erupted in the oil-producing Niger Delta. Apart from the financial damage of a new Delta crisis, it adds to … read more