Niger Delta militants gives FG 90-day ultimatum to restructure Nigeria or will attack oil facilities

The Coalition of Niger Delta Agitators on Wednesday gave the Federal Government a 90-day ultimatum to begin the…

Africa loses $148b to corruption annually

By Jite Eriabie  As President Muhammadu Buhari prepares to make a presentation on corruption in Africa,…

NNPC recorded N6.79bn deficit in November 2017

  Nigeria struggled to meet its 2017 oil production target of 2.3mbpd and missed revenue projections…

Reps pass Petroleum Industry Bill

The House of Representatives on Thursday passed the Petroleum Industry Governance bill through its third and…

Buhari jets off to Ethiopia for AU summit

President Muhammadu Buhari will on Friday depart for Addis Ababa, Ethiopia to participate in the 30th…

Oil hits $71 for first time since 2014 on tighter supply and weak dollar

Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led…

Senate orders NNPC to end petrol scarcity, queues in 7 days

The Senate has ordered state oil firm, the Nigerian National Petroleum Corporation (NNPC) to, within seven days, end lingering…

Fishermen block port of Calais in protest over pulse fishing

French fishermen blockaded Calais on Thursday, halting shipping movements at France’s busiest passenger port and a…

Osinbajo says weaker dollar may not hurt the economy

Vice President Yemi Osinbajo said on Thursday that a weaker U.S. dollar did not necessarily hurt…

Arms importation: DSS denies torturing Customs officer

By John Omoaka Head of Investigation at the Department of State Services (DSS), Wale Odu, yesterday…

Fire engulfs tank farm in Lagos 

The Director, Lagos State Fire Service, Rasak Fadipe, said on Wednesday that there was no casualty…

EFCC arrests former SGF, Babachir Lawal

By Omotilewa Quadri  Former Secretary to the Government of the Federation (SGF), Babachir Lawal, has been arrested…