The British carrier, British Airways, is in trouble as the Federal Government�s hammer may fall on it over the bad treatment it meted out to about 130 Nigerian passengers on board one of its flights in London Heathrow Airport on … read more
AS the price of a barrel of oil on the open market hovers around $120, market analyst, Jim Jubak, has predicted a market top of $180 per barrel. In his regular column posted on msn.com, Jubak predicted an additional 50 … read more
BRITAIN has listed the use of Nigeria’s oil wealth for the benefit of the citizens and a crackdown on the dumping of fake products in the country as among its major expectations from the Federal Government. It said the expectations … read more
Members of a white-collar union working for Mobil Producing Nigeria (MPN), an affiliate of US oil group ExxonMobil, began an indefinite strike Thursday over pay and working conditions. ExxonMobil confirmed that there had been “some withdrawal of services” by members … read more
China has unfolded plans to commit between $40billion and $50billion in investment in the nation’;'[s oil and gas sector, Finance Minister, Shamsudeen Usman, has said. “The Chinese have been very clear and aggressive in terms of their commitment to Nigeria,” … read more
LEADERSHIP of the Nigeria Labour Congress (NLC) on Wednesday intervened in the crisis between Nigerian Telecommunications (NITEL) workers and Transnational Corporation (Transcorp), bringing to an end the nine-day industrial action over unpaid five months salary arrears. The NITEL workers, under … read more
An attempt to kidnap three children of former Operations Manager in Agip, Mr Morenikeji Aderibigbe, was yesterday foiled, when militants supposedly enlisted by his driver turned out to be police informants. This is as Chairman and Chief Executive Officer of … read more
Crude oil price at the international market rose to a record high of $119.74 a barrel yesterday, just as the Organisation of Petroleum Export Countries (OPEC) said it plans to increase production capacity by five million barrels per day by … read more
UNITED States (U.S,) Ambassador to Nigeria, Robin Renne Sanders, has described poverty as “perhaps the greatest challenge facing Nigeria today,” with more than half of the country’s population living on less than one dollar a day. Sanders made the submission … read more
THE embattled senator-daughter of former President Olusegun Obasanjo, Iyabo Obasanjo-Bello, recently played a fast one on the operatives of the Economic and Financial Crimes Commission (EFCC). The EFCC operatives laid an ambush for Senator Obasanjo-Bello at the Nnamdi Azikiwe Airport, … read more