Tension in Bayelsa, as aggrieved communities plan showdown with Shell over GMoU, Bonga Oil spills

Twelve aggrieved Bayelsa communities have resolved to shut down operations of the Shell Petroleum Development Company, SPDC,…

Oil rises as investor confidence over US polls boosts risk assets

Oil prices rose on Tuesday ahead of the U.S. presidential election as investors unwound some of…

NBS: Investment inflow into Nigeria rises by 74% to $1.8bn

The National Bureau of Statistics (NBS) on Monday released the capital importation report for the third…

Agip Oil pipeline leak pollutes Bayelsa community

An oil leak from Tebidaba-Ogboinbiri crude line operated by Nigerian Agip Oil Company has discharged massive…

EFCC closes case in trial of ex-NIMASA DG

Counsel to a former acting Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Calistus…

Former NIMASA DG Patrick Akpobolokemi converted N496m to personal use- Witness

A prosecution witness, Chukwuma Orji, has revealed how a former Director General of Nigerian Administration and…

Man remanded over illegal possession of 33,000 ltrs of crude oil

A Lokoja Chief Magistrates’ Court on Friday remanded a 23-year-old man, Abubakar Ibrahim, in prison for…

Oil majors invest $1bn in low-emission technologies

Ten global oil and gas companies on Friday announced they will invest £1 billion  in low-carbon-emission…

240 migrants drowned off Libya in 48 hours

At least 240 migrants have drowned off the coast of Libya within the last 48 hours,…

Navy recovers 312 cattle, arrests two cattle rustlers in Kaduna

Personnel of the Nigerian Navy School of Armament and Technology Kachia  has recovered over 312 stolen…

Sell idle assets to tackle liquidity squeeze, MAN urges FG

The President of Manufacturers Association of Nigeria, Dr. Frank Jacobs, has said that idle assets that…

Nigeria’s gas deposit can last 20 generations, NGPTC

The Community Relations Officer, Nigeria Gas Processing and Transportation Company (NGPTC), Mr. Antaih Violin, on Tuesday…