News

2 more ex-govs face trial

The Economic and Financial Crimes Commission (EFCC) is set to increase the number of former governors in court over corruption charges to thirteen, as investigators, last week, forwarded the case files of two former governors to the chairman, Mrs Farida … read more

NNPC may use refineries as collateral

The Nigerian National Petroleum Corporation may consider using the nation‘s refineries as collateral to secure bank loans after the reforms enunciated by the Oil and Gas Reforms Implementation Committee takes effect. The Group Managing Director, Nigerian National Petroleum Corporation, Alhalji … read more

Gunmen abduct two in Port Harcourt

Five gunmen, yesterday kidnapped the Chairman of Diobu Timber Sellers Association, Chief Job Obire and another man at the timber shed Okwelle waterside, Diobu, Port Harcourt, Rivers State. Vanguard gathered that, before taking their victims away, the men robbed many … read more

Pirates Hijack 8 Nigerian Vessels

The menace of sea piracy mostly perpetrated by Somali pirates across the globe may have taken a devastating toll on Nigeria as eight fishing vessels with 96 crew members were taken hostage yesterday. President of Nigerian Trawler Owners Association (NITOA), … read more

Shell to appeal eviction

Royal Dutch Shell has appealed a Nigerian court order requiring it hand over the site of a key base in the oil-rich but impoverished Niger Delta. A high court in Rivers State ruled in July that the site of the … read more