ICYMI: Magu no longer EFCC Acting Chairman – Senate

  Chairman, Senate Committee on Public Petitions, Ethics and privledges, Senator Samuel Anyanwu has stated that…

NNPC blames marketers for fuel scarcity, says it can account for crude oil 

  The Nigerian National Petroleum Corporation (NNPC) has blamed the current petroleum scarcity in the country…

Navy rescues 4 Chinese kidnapped from fishing trawler  

The Nigerian Navy in Lagos has said it rescued four Chinese men from kidnappers around Igbokoda area…

Four dead, 240 rescued from sunken ferry off Philippines

By Jite Eriabie  Four out of over 250 passengers of M/V Mercaft 3 ferry have died after…

6 suspected Somali pirates held in Seychelles face 30 years in prison

By Jite Eriabie  Six Somali nationals who were transferred to Seychelles after being caught attacking a…

US to blacklist 10 more ships over North Korea cargo

The United States is looking to blacklist another ten ships for carrying banned cargo from North…

APM Terminals, ASPA earmark USD49.5m Alabama port expansion 

By Jite Eriabie  The Alabama State Port Authority (ASPA) and APM Terminals (APMT) have announced a…

China is a distorted state-run economy, says EU 

By Jite Eriabie  The European Union introduced new rules on Wednesday to guard against excessively cheap imports and…

Iraq begins takeover of oilfield from Shell

By Jite Eriabie   Iraq on Thursday took the first step towards taking over the giant Majnoon…

Iraq begins takeover of oilfield from Shell

Iraq on Thursday took the first step towards taking over the giant Majnoon oilfield following the…

We can account for every barrel of crude sold, says NNPC

State oil firm, the Nigerian National Petroleum Corporation (NNPC) has said it can account for every barrel…

OPEC starts working on oil supply cut exit strategy- Sources

The Organization of the Petroleum Exporting Countries (OPEC) has started working on plans for an exit…