Oil comeback for cut-exempt producers threatens to swamp OPEC

OPEC’s battle against an oil glut is under threat as unsold crude from members Nigeria and…

Senate scraps FERMA, establishes Federal Road Authority

The senate on Thursday passed a bill scrapping the Federal Road Maintenance Agency (FERMA) and replaced…

Nigeria set to export certified yams to UK and US

Nigeria is set to export its first consignment of certified yams to the United Kingdom and…

Executive Orders: Aviation agencies streamline operations, update websites

Aviation agencies at the Lagos airport have complied with the Executive Orders given by Acting President…

N4.74tn spent on fuel imports in 2016 – Kachikwu

In the last one year, the country has spent about N4.74tn on the importation of petroleum…

Ogoni Clean-Up: UN begs Ogoni to be patient with FG over delay

Six years after of the United Nations Environmental Programme (UNEP) report on Ogoniland, the United Nations…

Ex-militants threaten to resume fresh attacks in Delta

Ex-militants from the oil producing areas of Delta State, Thursday, threatened to resume attacks on oil…

NUPENG commends Senate’s action on National Roads Fund Bill

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG,) on Thursday commended the Senate for…

Osinbajo defies Boko Haram threat, arrives Maiduguri

Less than 24 hours after the deadly attacks by the Boko Haram insurgents in Maiduguri, the…

Kenya to convert $243 mln debt in Kenya Airways into equity

Kenya will convert its $243 million in loans to Kenya Airways into equity, the government has…

South Africa suspends Zimbabwe chicken imports after bird flu outbreak

South Africa has suspended imports of birds and chicken products from neighbouring Zimbabwe after it reported…

Oil falls for second day as concern grows over supply

Oil fell for a second day on Thursday to hit one-month lows after an unexpected surge…