There has been mass sack of over 3,000 workers in Nigeria’s oil industry as the country’s economic recession bites harder, two unions have said. The two major unions in the oil and gas sector, NUPENG and PENGASSAN, have thus threatened … read more
Nigeria’s offshore rig count from June till September has reduced to seven from 11 recorded as at end first half 2016, H1’16, indicating that four rigs were shut down in third quarter, Q3’16, Baker Hughes, global oil industry data and … read more
Nigerian militant group the Niger Delta Avengers said it attacked an oil pipeline in Nigeria’s restive southern energy hub on Tuesday and warned international oil companies (IOCs) not to carry out repairs on damaged energy infrastructure. Nigeria’s oil output, typically … read more
Lagos State governor, Akinwunmi Ambode, has stressed the need for efficiency in enforcement of the laws in the state.He, therefore, called on all the law enforcement agencies to be more proactive in enforcing the laws that would impact positively on … read more
Some 83 Nigerian soldiers are missing in action since Boko Haram Islamic extremists attacked a remote military base in the northeast, senior army officers said on Sunday. The soldiers were unable to fight back and fled because Boko Haram had … read more
The current economic crisis rocking the country has hit one of the biggest employers of labour in the country outside of the government as the Dangote Group, belonging to Africa’s richest man, Aliko Dangote, has fired 48 members of staff, … read more
The Lagos State house of assembly has proposed a bill seeking corporal punishment for kidnappers in the state. The bill was sponsored by the Speaker of the State House of Assembly, Mr Mudashiru Obasa. Titled ‘A bill for a Law … read more
Te IMF predicts a stronger Nigeria growing out of recession in 2017. Fitch Ratings projected growth of 2.6%, thus instilling confidence in many potential investors. The IMF has expressed its preparedness to lend money at zero interest rate to Nigeria. … read more
A woman cheated out of thousands of dollars by a Nigerian scam artist has described the friendship that blossomed after he admitted his guilt and asked for her forgiveness. Arts teacher, therapist and painter Swede Maria Grette, 69, first encountered … read more
A newly banned Shiite group in northern Nigeria said on Thursday it was appealing in court against the government decision that observers are warning could spark sustained violence. The Islamic Movement in Nigeria said the ban by Kaduna state officials … read more