Most residents of the commercial town of Onitsha are presently living in fear following alleged witchcraft attack on residents. The affected residents complained of nightmare and a geometric decline in their fortunes and attendant ugly experiences in their lives. They … read more
Nigeria’s largest oil producer, Shell, which until a few years ago was producing about 1 million barrels of crude oil a day from its operations in the Niger Delta, saw its output decline drastically to some 360,000 b/d in 2008. … read more
The main militant group in Nigeria’s restive southern region called off a unilateral cease-fire Friday after its fighters clashed with government forces, threatening to sink the hub of Africa’s biggest oil industry further into chaos. The Movement for the Emancipation … read more
A strike by workers’ at Nigeria’s first national telephone carrier Nitel is playing havoc with the country’s main gateway for international calls and Internet connections, telecoms operators said on Friday. The South Atlantic Terminal III (SAT-3) key underwater cable has … read more
There were accusations and counter accusations yesterday between the Minister of the Niger Delta Affairs, Chief Ufot Ekaette and oil companies operating in the country over who is responsible for the crisis in the oil-rich region. It was at a … read more
Nigerian families can sue the Pfizer drugs giant in the US over its alleged role in the deaths of children, a US appeals court has ruled. The decision overturns ruling by a lower court that the case must be heard … read more
Oil workers in the Depart-ment of Petroleum Resources on Thursday vowed to shut down Nigeria’s 21 crude oil export terminals by February 11, 2009 over the engagement of Cobalt Services Nigeria Limited as a pres-shipment agent. They claimed that the … read more
THE Nigerian Stock market has been rated as the worst performing in the world for the month of January, according to a report published by a London-based research company, Business Monitor International (BMI). It also said that the country’s Gross … read more
The Nigeria Civil Aviation Authority (NCAA) has downgraded the Port Harcourt International Airport from grade eight to seven, citing lack of adequate fire fighting equipment to serve wide-body aircraft during an emergency. News about the downgrade came just as African … read more
Speaker of the House of Representatives Hon. Dimeji Bankole has revealed how three former ministers frustrated the country’s access to $14 billion investment in infrastructural development. Bankole vowed that the three former ministers whom he did not mention would never … read more