News

Marketers Backpedal on Fuel Importation

Hopes that marketers would soon resume fuel importation after the Federal Government last week agreed to pay all their outstanding subsidy claims may be dashed as marketers have expressed concern over the seriousness of the government to fulfill its promises. … read more

Chevron oil pipeline attacked

A Nigerian crude oil pipeline, operated by U.S. oil major Chevron (CVX.N), was attacked by unknown gunmen in the Niger Delta early Friday, security sources said. “The Chevron Makaraba crude pipeline located in Delta state was attacked early today by … read more

Hardline on Religious Extremists

Nigeria’s government says it will prosecute those who foment religious violence in response to claims that the West African nation has become a breeding ground for Islamist fundamentalists. Speculations heightened after the attempted bombing of a U.S. airliner Christmas day. … read more

House to take up president’s absence

A leading member of the Nigerian House of Representatives says it will take up the long absence of the country’s ill president. Ita Enang, chairman of the House’s rules and business committee, told reporters Friday that legislators would discuss the … read more

The Abdulmutallab Effect

The attempt to blow up an American airline by Nigerian-terror suspect, Umar Farouk Abdulmutallab on Christmas day has not only caused considerable embarrassment to the country, it has also compelled the aviation authorities to impose stricter security measures for airports … read more

Gov ok’s boost to power supply

THE Federal Government has unveiled fresh measures to boost power supply after it failed to meet the target of 6,000 megawatts by December, 2009. The Minister of Power, Dr. Lanre Babalola, said with recent improvement in actual power generation to … read more