Bid auction for impounded phosphate cargo in S’Africa kicks off

A sealed bid auction to buy 55,000 tonnes of phosphate onboard a ship seized by South…

CBN to hold MPC meeting in April

The Central Bank of Nigeria (CBN) plans to hold its next interest rate meeting April 3-4,…

Oil prices dip over increased U.S. drilling

Crude oil prices fell on Monday as increased drilling in the United States pointed to more…

OPEC hopes for oil market stability in 2018

The Secretary-General, Organization of the Petroleum Exporting Countries (OPEC), Mohammad Barkindo, on Monday expressed hope that…

Russian sanctions: Eni to obtain clarity from U.S, EU authorities

Italian oil giant, Eni, is discussing the sanctions situation in Russia with U.S. and European authorities…

Libya impounds Togolese-flagged vessel for fuel smuggling

  Libya’s naval forces on Thursday seized a Togo-flagged fuel tanker and arrested its Greek crew…

We’ll exhaust talk options about planned U.S tariffs- Germany

Germany will use all possibilities to talk about planned U.S steel and aluminum tariffs, a government…

U.S. military helicopter crash in Iraq, kills all aboard

All American service members and crew aboard a U.S. military helicopter were killed in a crash…

EU to train 500 Libyan coastguard on migrant patrols

The European Union on Thursday said it wants to rapidly expand training of the Libyan coastguard…

Oil spills: Amnesty condemns Shell, Eni’s sloppiness in Niger Delta

Amnesty International has accused international oil majors Shell and Eni, of negligence when addressing spills in…

CBN to delay rate meeting- Emefiele

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, on Thursday, said the bank will delay…

Emirates stewardess falls off plane in Uganda

A flight attendant for Emirates airline has been hospitalised in Uganda after falling out of an…