Gunmen invaded an oilfield control station in Nigeria’s Bayelsa state in the Niger Delta and are holding several people hostage, a company spokesman said on Friday. Following is a chronology of some major attacks on the Nigerian oil industry in … read more
Armed men susupected to be militant youths yestarday stormed the Choba branch of the united Bank for Africa and made away with undisclosed sums of money. The armed youths who were according to eyewitness accounts, very violent, did not aim … read more
The nation may soon witness a deadlier dimension in the Niger Delta struggle as the militants have threatened to introduce suicide bombers as a new way of enforcing their demands. The militants also plan to intensify kidnaps, expanding their dragnet … read more
Governor Peter Odili yesterday bowed out of the presidential race in the Peoples Democratic Party (PDP), 24 hours to the national convention of the party. The withdrawal, it as learnt, was on the instruction of President Olusegun Obasanjo. Yesterday, another … read more
OPEC yesterday in Abuja reached a consensus to effect a production cut of 500,000 barrels per day but effective February 1, 2007. This immediately sent oil price in the international market above $62. President Olusegun Oba-sanjo, while addressing the 143rd … read more
During a recent visit to the Nigerian city of Ibadan in Oyo State, I watched my brother Kunle tend to the chickens in his backyard. Like most residents on that morning, he was filled with anxiety, and had no intention … read more
THE Federal Government has awarded a N3 billion contract to Julius Berger Plc for the asphalt resurfacing of the Port Harcourt Airport runways. The Federal Government late last year shut the airport to traffic, shortly after a Sosoliso plane crash … read more
Gunmen have invaded an oil facility operated by Shell in the Nun River area of Nigeria’s Bayelsa state and are holding several soldiers and oil workers hostage, security and industry sources said on Friday. It was the second attack against … read more
Armed men who attacked a Royal Dutch Shell PLC oil complex overnight fled Friday, taking three Nigerian hostages, shooting a man and forcing the oil giant to halt 12,000 barrels of production per day. The attackers kidnapped a soldier, an … read more
In an unusual manner, dare devil armed robbers yesterday struck two areas of Lagos metropolis, leaving about 17 people, including a mobile policeman dead. While a set of the robbers unleashed terror at the popular Lagos Alaba International Market in … read more