Movement for the Emancipation of the Niger Delta (MEND) yesterday alleged that some of the suspected cultists arrested in the raid of some waterfronts Tuesday were summarily executed. The Joint Task Force (JTF) has however denied the allegation, describing it … read more
The partial closure of the Third Mainland bridge in Lagos has been having negative effects on businesses across the country, according to an official of the Nigeria Export-Import Bank. Mr Kabir Abdulahi, Senior Manager/Head, Marketing Department (all products) of NEXIM … read more
Nigeria will get better rewards from the oil and gas sector if the government is able to come up with strong regulatory frameworks, the British Secretary of Energy, Mr. Malcom Wicks, advised on Tuesday. He also challenged Nigeria to begin … read more
The war on illegal oil refineries in the Niger-Delta is intensifying, with about 120 of such refineries destroyed in the last couple of days by the Joint Task Force in parts of Delta State. According to Co-rodinator of media unit … read more
Oil giant, Chevron Nigeria Limited, will stand trial in the United States (US) in September, after exhausting all appeals meant to stop the company from being tried for the alleged murder of villagers in the Niger Delta region in two … read more
LAGOS State may soon join the league of oil producers in the country, as no fewer than six oil companies have concluded plans to commence exploration of the black gold, assessed to be in commercial quantity in the former federal … read more
Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) has signed a $10 million contract with a Nigerian indigenous firm Dorman Long Engineering. The one-year contract for maintenance is the first time a Nigerian company will undertake a project of this … read more
THE Nigeria Labour Congress (NLC) said it would battle the move to increase fuel price as it did before to show its commitment to the welfare of Nigerian workers and the masses. Besides its decision to continue to oppose fuel … read more
The Federal Government on Sunday defended the eviction of Virgin Nigeria from the international wing of the Murtala Muhammed International Airport, Lagos, and warned that it would not tolerate blackmail from the airline. It accused the airline of engaging in … read more
The Nigerian National Petroleum Corporation lost 12 million barrels of petrol when it attempted to pump products from its Port Harcourt Refinery to the Aba and Enugu depots, the Acting Group Managing Director, NNPC, Alhaji Abubakar Yar�Adua said on Friday. … read more