Exxon, Chevron Q1 results hurt by refining operations

Weak refining margins hurt first-quarter results for Exxon Mobil Corp and Chevron Corp, though Chevron’s oil…

Egypt’s non-oil exports rise by 15% in Q1

Egypt has said its non-oil exports for the first quarter of 2018 had increased by 15…

Former NNPC GMD to forfeit $9.7m to FG

The Kaduna Division of the Court of Appeal has ordered the interim forfeiture of monies found…

Oil thieves abandon vessel with crude oil at Onne

The Executive Officer, Nigerian Navy Ship Pathfinder, Capt. Victor Choji has said that a vessel with…

Russia to lift ban on tomato imports from Turkey

Russia will as from May 1, allow imports of tomatoes from all Turkish producers and not…

Airbus Q1 profit dips over engine delays

Airbus announced on Friday, a 17 percent drop in planned 2019 deliveries of its most successful…

Shippers’ Council to sign MoU with shipping companies

In other to find a feasible way of resolving disputes in the maritime sector, the Nigerian…

Rise in illegal migrants worries Algeria

  A senior official in Algeria’s interior ministry, Hassen Kacimisaid, on Thursday expressed concern that the…

CBN restricts transactions on USSD for funds transfer

The Central Bank of Nigeria (CBN) on Thursday placed restrictions on the use of Unstructured Supplementary…

Buhari okays new appointments in NHRC, NDDC

President Muhammadu Buhari, following confirmation of the nominees by the Senate, has approved new appointments into…

FAAC pays out N626.8 billion to FG, States, LGs

The Accountant-General of the Federation (AGF), Ahmed Idris, said the Federal Government, States and Local governments…

Nigerian Navy detains vessel with 406 illegal immigrants

The Nigerian Navy has intercepted a vessel, MV CHIMBA EXPRESS, within the Lagos bar, with 406…