The Union of Tomato Paste Manufacturers in Nigeria has raised alarm over the danger of the…
Category: News
OPEC oil output to drop in January – IEA
Steeper cuts in OPEC oil production are likely this month as producers increasingly implement a recent…
Top quotes of the day
“… the confusing and discriminatory multiple dollar to naira exchange rates … must be discarded while…
Court to hear convicted oil traders’ application Jan 26
Justice Lateefat Okunnu of the Lagos High Court, Ikeja, on Wednesday fixed January 26 for hearing…
Rivers acquires 10 gunboats for Nigerian Navy
Rivers State Governor, Nyesom Wike has announced that the 10 new state-of-the-art security gunboats acquired by…
Fuel scarcity looms as marketers lament N660bn subsidy owed by govt
The Depot and Petroleum Products Marketers Association (DAPPMA) on Wednesday appealed to the Federal Government to…
Senate passes MTEF, approves N305 dollar exchange rate
Almost four months after President Muhammadu Buhari forwarded the 2017, 2018 and 2019 Medium Term Expenditure…
EFCC seizes N948m aircraft linked with ex-governor
The Economic and Financial Crimes Commission (EFCC) has impounded a N948million aircraft allegedly linked with a…
Oil theft: Navy begins deployment of troops in Rivers
The Nigerian Navy said it had begun the deployment of troops in Rivers State for its…
Firm included in crude oil trade denies involvement in subsidy fraud
An oil marketing and trading company listed by the Nigerian National Petroleum Corporation (NNPC) for this…
Court jails former Daewoo Shipbuilding CEO 10 years for accounting fraud
Ko Jae-ho, the former head of the ailing South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering…
One dead, six missing as two cargo ships sink off Philippines
One crewman died and six have been reported as missing following the sinking of two cargo vessels off…