Shell ordered to pay $ 1.5 billion. A Federal High Court sitting in Port Harcourt Rivers State has ordered Shell Petroleum Development Company (SPDC) to pay the sum of $ 1.5 billion to the Central Bank of Nigeria (CBN), latest … read more
Akin is, like many things in cyberspace, an alias. In real life he’s 14. He wears Adidas sneakers, a Rolex Submariner watch, and a kilo of gold around his neck. Akin, who lives in Lagos, is one of a new … read more
Royal Dutch Shell (RDSA) isn’t going to meet a Nigerian court-ordered deadline of Monday and pay $1.5 billion in environmental compensation damages to local communities because of the company’s appeal on the long-simmering matter, a Shell spokesman in Nigeria said … read more
TEN days after the fuel pipeline fire that claimed over 500 lives in the rural areas of Lagos, the state government is considering taking legal action against those it considers responsible, including the Nigerian National Petroleum Corporation and the Federal … read more
Gunmen believed to be members of the armed Niger Delta militants struck yesterday in Port-Harcourt, the Rivers State capital, killing three persons, prompting President Olusegun Obasanjo to issue a stern warning to deal with militants decisively. President Obasanjo who was … read more
President Olusegun Obasanjo’s visit to Rivers State yesterday has been generating fears among top Northern politicians who believe that it might be part of a calculated move to deprive their area of the opportunity of presenting the next President of … read more
A 38-year-old Surveyor, Mr. Patrick Onobrudu, was beaten to death by three policemen attached to the Enerhen Police Station, Effurun in Delta State, Tuesday evening. Vanguard was told yesterday that the Divisional Police Officer (DPO) for the station was full … read more
Nigerian militants have shut down the Nigerian Agip Oil Company-owned flow station at Pregbene, Bayelsa. The militants have also seized a fuel barge belonging to the Italian oil company. Already, the Nigerian Liquified Natural Gas (NLNG) is to beef up … read more
A Federal High Court sitting in Port Harcourt Rivers State has ordered Shell Petroleum Development Company (SPDC) to pay the sum of $ 1.5 billion to the Central Bank of Nigeria (CBN), latest by 12 mid-day on Monday as compensation … read more
Nigeria’s President Olusegun Obasanjo says his party accepts the Senate’s rejection of a bill that would have allowed him to seek a third term. He said the People’s Democratic Party needed to put the acrimony behind it and prepare for … read more