The damning UN report on pollution in Ogoniland, nationalisation of three banks and President Goodluck Jonathan’s ‘thumbs down’ for government privatisation programme got big media play in Nigeria this week. ‘UN: Cleaning up Ogoniland Pollution Could Take 30 Years,’ according … read more
The Federal Government has assured Nigerians that delay in issuance of traveling visas would soon be a thing of the past. It has also directed all foreign missions in Nigeria to provide comfortable accommodations for visa applicants. The Chinese Embassy, … read more
The Managing Director of Shell Petroleum Development Company of Nigeria Ltd. (SPDC), Mutiu Sunmonu, has described oil spills in the country’s Niger Delta region as a tragedy, which the company takes very seriously. In an open letter on the oil … read more
The Nigerian government Friday announced the take-over of three banks which were yet to sign the Transaction Implementation Agreements (TIAs) with investors aimed at injecting funds to capitalize them. Minister of State for Finance, Dr. Yerima Lawal Nngama, named the … read more
Any landlord in Lagos state who collects rent in excess of one year from a new tenant is liable to punishment by the state government as such action would henceforth be seen as a criminal offence, attracting either a jail … read more
Officials of the Lagos State Environmental Protection Agency, LASEPA, has shut about nine companies within Kirikiri area of Lagos for environmental pollution and violation of the state environmental laws. The affected companies included Techno Oil, Fatgbems Oil, Bovas Oil, Index … read more
A landmark United Nations study into the long-term environmental impact of oil production in Nigeria says that oil spills have led to acute health risks for area residents and widespread environmental damage that may take as many as 30 years … read more
Marine insurers extended a war-risk zone for Nigeria, Africa’s largest oil producer, and included waters off neighboring Benin for the first time as piracy attacks increase. The Joint War Committee, which represents Lloyd’s of London underwriters and other insurers, listed … read more
Twenty-five surrendered Nigerian militants will undergo diving and underwater welding training in India as part of the African country”s post-amnesty programme designed to make the former fighters more relevant in the petroleum sector. They are among 449 former fighters sent … read more
British authorities said Thursday they were investigating a video claiming an al-Qaida group now holds a British and Italian man kidnapped from northern Nigeria in May. The one-minute video, distributed by the French news agency Agence France-Presse, shows the two … read more