The Swiss government has repatriated all stolen money traced to the account of the late Head of State, General Sanni Abacha in Switzerland, a Swiss diplomat, Mr. Fabio Baiardi, has said. Baiardi, Deputy Head of Mission of the Swiss Embassy … read more
The management of OAS Helicopters has said victims of the air disaster involving its helicopter, which happened in Warri on Friday, were responding to treatment in Lagos. In a statement signed by its executive director, Captain Moses Weefur, the company … read more
Oil workers in Nigeria threatened to resume a strike they called off after two days in September, accusing the government of reneging on the promises it made to them two months ago. Officials of the country’s two oil workers’ unions … read more
(Reuters) – Gunmen invaded an oil pumping station in Nigeria’s southern Niger Delta on Saturday night, taking an unknown number of staff hostage and seizing a military houseboat, an oil industry source said on Sunday. The attack on the facility … read more
United Kingdom (UK) has warned that the restive nature of the Niger Delta region remained a major threat Nigeria�s bid to conduct free, fair and credible elections in April next year. Speaking yesterday in Abuja at a press conference, members … read more
At least one person was killed and three others injured in a helicopter crash yesterday at Ovwian Aladja, near Warri, Delta State. The helicopter, an AS335 twin squirrel with registration number 5N-BHU, belonging to Odengene Aviation Services (OAS) Company Limited, … read more
The story broke this week that President Obasanjo’s Special Assistant on Domestic Affairs, Mr Andy Uba, was recently named in a money laundering allegation in the United States of America. American security authorities were reported to have accused the presidential … read more
As part of efforts to solve the lingering crisis in the Niger Delta region, a maritime firm, Dersko Marine Limited, has concluded arraignments to build a multifaceted facility valued at $25 billion in the area. The facility will include a … read more
Nigerian leaders since independence have stolen $480 billion from the treasury through corruption, the Nigerian Institute of Management (NIM), lamented on Thursday. The NIM is the largest multi-discipline and trans-sectoral professional institute in the country. Its President and Council Chairman, … read more
Federal Government and its joint venture partners spend an average of $12 billion annually on goods and services in the country�s oil and gas industry. This was made known on Thursday, being the Nigerian National Petroleum Corporation (NNPC) Day at … read more