News

Shell Adopts Stiff Security Measures

Following two car bombs that exploded at the Shell Club area of Shell Petroleum Development Company (SPDC) residential area, the oil giant has closed most car parks in its areas of operation, and restricted entrance into its offices. As at … read more

Nigeria leader denies corruption

Nigeria’s president has denied claims by his deputy that he awarded contracts to his favourite aides and ministers. Atiku Abubakar told a parliamentary committee probing him for fraud that it was President Olusegun Obasanjo that was corrupt and not him. … read more

Militants say ransom offer nixed

A militant group in Nigeria’s oil-rich river delta region said Wednesday it has turned down offers of ransom for four foreign hostages, reiterating that the captives will only be freed in exchange for imprisoned comrades. “As earlier stated, the release … read more

FG reverses policy on sale of PH refinery

THE Federal Government has reversed itself again on plans to sell controlling interest in the Port Harcourt Refining Company, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), with a January 19 deadline fixed for submission of expression of interest. … read more

Mixed reactions in U.S. over Yar’Adua

GOVERNOR Umaru Musa Yar’Adua’s nomination as the ruling Peoples Democratic Party’s (PDP) presidential candidate in next year’s election has generated a plethora of views from Nigerians in Europe, the United States (U.S) and among western diplomats. One western diplomat told … read more

MEND Warned Of Bombings

Militants seeking a greater share of oil revenues for their impoverished region detonated two car bombs nearly simultaneously Monday in southern Nigeria, the latest in a series of attacks that have cut crude production in Africa’s oil giant by one … read more

Work on PH airport yet to begin

The delay in rehabilitating the dilapidated Port Harcourt International Airport, nearly five months after it was shut, is raising concern amongst air travellers. Work on the airport, which was closed for repairs on August 18, is yet to start, foreclosing … read more