News

FG raises alarm over security in N/Delta

THE Federal Government on Monday openly acknowledged the growing state of insecurity in the Niger-Delta and vowed to tackle the menace with all seriousness. Speaking at the handing over of the first batch of 354 various brands of vehicles donated … read more

Chevron Restore Output

US oil group Chevron has resumed operations at its facility in southern Nigeria that was shut down two weeks ago because of community unrest, a spokesman said Tuesday. “We have restored the output of 42,000 barrels of crude per day … read more

Strike: Yar�Adua Regrets Hardship on Nigerians

President Umaru Musa Yar�Adua yesterday regretted the hardship experienced by Nigerians as a result of the four-day antionwide strike over fuel price increase. The President, however, thanked the organised labour and Nigerians for their understanding and patience during the strike. … read more

Country’s External Debt Now $2.6bn

Nigeria’s accumulated external debts now stand at $2.608 billion which comprises outstanding obligations by both Federal Government and the 36 states of the federation to multilateral institutions. The multilateral institutions include the World Bank and the African Development Bank (AfDB). … read more

unions end fuel strike

Nigeria’s trade unions have called off their general strike over a recent rise in petrol prices, after talks with government officials. Union leaders said they had accepted the government’s proposal to freeze petrol prices for at least a year. The … read more

Four foreign oil hostages freed

Four foreign hostages employed by oil services giant Schlumberger were released unharmed on Saturday after more than three weeks in captivity, security sources said. The men, from Britain, France, the Netherlands and Pakistan, were abducted on June 1 from the … read more

Witchcraft: Ebonyi Community Kill Eight

EIGHT persons were killed in Onicha community, Onicha Igboeze local government area of Ebonyi State during a ritual cleansing of the community after they were accused of practicing witchcraft by their kinsmen, the Assistant Inspector General of Police, (AIG) zone … read more