Shell warns on Nigeria operations By Matthew Green in Lagos and Ed Crooks in London Published: January 30 2008 22:16 I Last updated: January 30 2008 22:16 The future of one of Royal Dutch Shell’s most important businesses is at … read more
As Nigeria strives to attain its set target of 40 billion barrels of crude oil reserve by 2010, indications emerged yesterday, that the reserve base, which stood at about 35 billion barrels, may have declined to about 33 barrels, representing … read more
The British Serious Fraud Office has launched investigations into the influx of fraudulent mails from Nigeria and the alleged involvement of the Royal Mint in the printing of coins for the Central Bank of Nigeria. The probe of RM is … read more
IN continuation of investigations into thousands of missing arms and ammunition from the Army’s Central Ammunition depot, Kaduna, a former Director of Military Intelligence (name withheld) who is currently a director at the Defence headquarters has become the first casualty … read more
The Senate yesterday referred a Bill for an Act to criminalise all forms of sexual offences in Nigeria to the Committee on Judiciary, Human Rights and Legal Matters. General principles of the Bill, co-sponsored by Senators Chris Anyanwu, Iyabo Obasanjo-Bello, … read more
Gunmen riding in two boats attacked a waterside shipbuilding company Tuesday in Nigeria’s lawless southern oil region, injuring one person, police said. The gang escaped with spare parts as the military moved in to restore order, police said. The attackers’ … read more
Shell Petroleum Development Company may this week fire 3,000 of its employees in Nigeria as it battles to survive in the wake of militant attacks on its flow stations. The massive sack, it was learnt, is being contemplated as a … read more
Former governor of Rivers State, Dr. Peter Odili, yesterday denied allegations that he and some others in the state sponsored Mr. Ateke Tom to perpetrate violence in Okrika, Rivers State Odili, and former Minister of Transport, Dr Abiye Sekibo, were … read more
Helicopters and gunboats have been deployed in Warri, Delta State, to forestall fresh vandalisation of the Chanomi Creeks pipeline. The helicopters belong to the Nigerian National Petroleum Corporation while the gunboats are owned by the Joint Task Force in the … read more
THE Rivers State government has signed a medical investment deal running into $235 million with a Canadian company, Clinotech Diagnostics Pharmaceutical Incorporated. The deal, which was recently signed between the state government and the foreign organisation, would see to the … read more