Exxon profit misses Street on refining, chemical weakness

Even though oil prices have jumped from last year’s lows, helping Exxon’s production operations, the company’s…

Five dead after two army helicopters collide

Five people were killed Friday after two army training helicopters crashed into each other near a…

Sonangol resumes operations in Iraq

Angola’s state oil company Sonangol has resumed operations in Iraq after an improvement in the security…

Navy intercepts 5.790m litres of crude, hands over suspects to EFCC

  The Nigerian Navy has said it had impounded a large vessel, MT Breakthrough, for allegedly transporting…

465 repatriated Nigerians arrive in Port Harcourt from Libya

The fourth batch of 465 Nigerians repatriated from Libya on Friday have arrived the Port Harcourt…

In new EU sea mission, ships not obliged to bring migrants to Italy

The European Union’s border agency Frontex launched a new Mediterranean operation called Themis on Thursday, removing…

90 migrants feared dead in shipwreck off Libya – IOM

An estimated 90 migrants are feared to have drowned off the coast of Libya after a…

CBN: Economy continued to expand in January

By Omotilewa Quadri The Central Bank of Nigeria (CBN) yesterday released the Purchasing Managers Index (PMI)…

Customs arrests 4 suspects, intercepts smuggled goods

The Oyo-Osun Area Command of the Nigeria Customs Service (NCS) has arrested four suspected smugglers at…

China urges U.S. not to politicise trade issues

By Jite Eriabie  China’s Ministry of Commerce Thursday urged the United States not to “politicise” economic…

Efforts underway to remove bunker fuel from sunken Sanchi tanker

By Jite Eriabie  Chinese salvage crews are still trying to remove 1,900 tonnes of bunker fuel,…

Robbers stab ship crew member in Vietnam port 

By Jite Eriabie  Two robbers armed with knives boarded an anchored bulk carrier in Godau Port,…