Exxon Mobil Corp has said it will exit some joint ventures with Russia’s Rosneft, citing Western…
Category: News
S’Arabia to supply Egypt crude for 6 months- Minister
Saudi Aramco, the world’s largest oil producer, has agreed to supply Egyptian refineries with crude oil…
Dogara fumes over Fayemi’s absence at Ajaokuta Steel debate
The absence of the Minister of Mines and Steel Development, Kayode Fayemi, at the ongoing debate…
$12b recovery suit: Court strikes out Chevron’s preliminary objection
A Federal High Court sitting in Lagos on Thursday awarded a N100,000 cost against Chevron Petroleum…
FG says new minimum wage will meet present economic realities
The Secretary to the Government of the Federation (SGF), Boss Mustapha, has reiterated the Federal Government’s…
Nigeria attracted $12.2bn investments in 2017- NBS
The National Bureau of Statistics (NBS) has said Nigeria recorded an investment inflow of $12.2billion in…
Pipeline explosion rocks Lagos community
A petroleum pipeline has exploded on Thursday in the Iyana – Odo axis of Lasu- Isheri…
Witness’ absence stalls ex-GMD of NNPC’s $9.8m fraud trial
The absence of prosecution witnesses on Wednesday stalled the trial of former Group Managing Director, Nigerian…
Court orders final forfeiture of ex-Minister’s penthouses
A Federal High Court sitting in Lagos on Wednesday has ordered the final forfeiture of two…
Human trafficking: UK budgets £12m to assist Nigerian victims
The United Kingdom says it has set aside £12 million (about N10 billion) to assist victims…
Truck driver in court for stealing tyres in Apapa
An Apapa Magistrates’ Court on Wednesday remanded a 40-year-old truck driver, Usman Abdullahi, in prison custody,…
MOL unveils major restructuring plan
Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to undertake a number of changes as part…