Nigerian Olusegun Adekunle appointed OPEC board Chairman

The Organisation of Petroleum Exporting Countries (OPEC) on Friday announced the appointment of Olusegun Adekunle as…

AMCON ‘recovered’ N134bn in 2016, reduces standalone loss by N49.86bn

Asset Management Corporation of Nigeria (AMCON) says it recovered about N134 billion in cash and assets…

Top quotes of the day

“Going by our plans presently in the industry, our importation of petroleum products will be down…

Ebola: Kenya Airways flies dead body into Nigeria 

The Federal Government may sanction Kenya Airways for conveying a corpse from Ebola-affected Democratic Republic of…

Ship master commits suicide while on voyage

The Master of a containership committed suicide on a voyage from New York to Tilbury in…

Customs ‘arrests’ pigeon carrying drugs

The Customs authorities in Kuwait have apprehended a pigeon with a backpack full of drugs flying…

Naval officer, raped by senior colleague, commits suicide

A female naval officer has killed herself after being reportedly raped by a senior colleague, a…

Another batch of 165 Nigerians return from Libya

No fewer than 165 Nigerians voluntarily returned from Libya on Thursday aboard a chartered Nouvelair aircraft with…

Finally, senate passes PIGB

The Senate has passed the Petroleum Industry Governance Bill (PIGB) after years of consideration. The upper legislative…

Navy reaffirms commitment to protect nation’s maritime domain

The Nigerian Navy (NN) on Thursday said it would continue to protect the nation’s maritime domain. The…

Biafra at 50: Osinbajo delivers passionate speech on Nigeria’s unity

Acting President Yemi Osinbajo has delivered a dispassionate call for the nation to stay united, amid…

Prices fall as OPEC extend oil deal for fresh 9 months

The Organisation of Petroleum Exporting Countries (OPEC) says it has agreed to extend oil production cuts…