Ships & Ports

Nigerian pilots to form backbone of Nigeria Air - Sirika

Ministry Of Aviation records 52% budget performance in 2016

Minister of state, aviation, Senator Hadi Sirika has said that N10.5 billion out of the N18 billion budgetary allocation to the ministry in 2016 Appropriation Bill was...

shell

Shell’s profit after tax more than doubled in 2016

  Royal Dutch Shell on Thursday said profit after tax more than doubled in 2016, helped by recovering oil prices in the fourth quarter. Net profit for the full year...

Abuja Airport

Abuja Airport closure: FG inaugurates security committee for Abuja-Kaduna movement

    The Minister of State for Aviation, Sen. Hadi Sirika, has inaugurated the Security Sub-Committee for movement of passengers between Abuja and Kaduna during...

2016 migrant death toll in Mediterranean nears 4,000 – IOM

Tough options as EU tackles Med migrant route

EU leaders meeting in Malta on Friday will face the challenge of how to work with a chaotic Libya and reluctant sub-Saharan African countries to prevent a feared upsurge...

China says open to talks with U.S. on trade

China’s economy improves amid trade tension

There’s been a lot of crowing ahead of the Year of the Rooster (started on 28 January). While investors should listen, their prime focus in the new year ought to...

FAAN urges passengers to report bribe-seeking officials

Senate committee vows to block leakages in aviation sector

The Senate Committee on Aviation has vowed to work within its powers to block leakages in the Aviation Sector. The Vice Chairman of the Committee, Sen. Bala Na’Allah,...

Minister of State for Petroleum, Dr Ibe Kachikwu

Nigeria can produce three million barrels of crude per day – Kachikwu

  T he Minister of State, Petroleum Resources , Ibe Kachikwu, said that Nigeria is capable of producing three million barrels of crude oil per day from the Niger...

Reps seek revocation of oil bloc licenses

    The House of Representatives would seek revocation of oil bloc licenses issued without due process, it emerged Tuesday. This is in addition to the...

Niger Delta oil spill

Oil spillage: CLO writes IGP, DSS over alleged diversion of N33.5m compensation

The Civil Liberties Organisation (CLO) has sent a protest letter to the Inspector General of Police, Ibrahim Idris and the Department of State Security (DSS) over the...

kemi-adeosun

FG, states shared N426 billion in December-NBS

The sum of N426.88 billion was disbursed to the three tiers of government in December 2016, the National Bureau of Statistics (NBS), has said. A report released by the...

ExxonMobil: Blockade of oil facilities threatens production

ExxonMobil fourth quarter earnings dive on low oil prices

ExxonMobil reported a big drop in fourth-quarter earnings Tuesday, as low oil and natural prices continued to weigh on results. Net income in the fourth-quarter plunged...

Container port

26 ships laden with petroleum products, food items, to arrive Lagos ports

Twenty six ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Jan. 30 to Feb. 18. The...