The Economic and Financial Crimes Commission (EFCC) Lagos zonal office, on Monday, November 20, 2017, re-arraigned…
Category: News
Army raids Rivers militants’ camp, ‘uncovers human skulls’
The Nigerian army says it recovered cache of arms and seven decomposed human skulls after it…
US arrests two Chinese oil executives in Africa bribery scandal
By Jite Eriabie US authorities have arrested Hong Kong’s former home affairs secretary and the ex-foreign…
Crude tanker rates to further drop in 2018
By Jite Eriabie Following a sharp decline in crude tanker freight rates seen during 2017, the…
Slave Trade: AU to investigate sale of migrants In Libya
By Jite Eriabie The AU said on Tuesday it had launched an investigation into the sale…
Search continues for Argentina’s missing submarine
By Jite Eriabie Rescuers searching for an Argentine navy submarine that went missing in the South…
Liberia scores a win for shipping in Brazilian court
By Jite Eriabie The Liberian Registry, in co-operation with the International Chamber of Shipping (ICS), has…
EgyptAir expects a profit this year
By Jite Eriabie EgyptAir will swing to a profit this year, buoyed by an increase in…
South Africa eyes BRICS partners to build $10bn refinery
By Jite Eriabie South Africa wants the national oil companies of its BRICS partners to help…
Adesina: African airlines requires over $150bn for aircraft acquisition
The President African Development Bank (AfDB), Dr. Akinwumi Adesina, says African aviation needs financing with about…
Shell bemoans Afam IV power plant’s $200m debt
Shell Petroleum Development Company (SPDC) on Tuesday bemoaned its $200million debt in Afam IV Power Plant…
Enel’s long-term gas supply deals with Algeria start expiring- CEO
Italian utility Enel’s long-term gas supply import deals with Algeria have started expiring this year and…