FG unveils $200m bailout for oil, gas firms

The Federal Government on Thursday launched a fund with an initial value of $200m to support…

Korea commits to assist Nigeria implement economic recovery plan 

The Republic of Korea on Thursday reiterated its commitment to assist Nigeria accelerate implementation of the…

Antigraft war: Buhari signs extradition treaty 

President Muhammadu Buhari on Thursday signed some international agreements that will reinvigorate his administration’s anti-corruption war,…

Nigeria to buy MiG fighters, artillery equipment from Russia

Nigeria is considering purchasing Russian military equipment and is particularly interested in MiG fighters, Yak-130 aircraft,…

Kachikwu says Nigeria’s oil production fell below 1.8m bpd in July 

Nigeria’s oil production, excluding condensates, was slightly below 1.8 million barrels per day in July, the…

Nigerian investigators to probe aircraft crash in São Tomé & Principe

A team of accident investigators from Nigeria’s Accident Investigation Bureau (AIB) has left Lagos for São…

FG urged to provide loan facilities for truck owners

The Federal Road Safety Corps (FRSC), Ogun State command has appealed to the Federal Government to…

Danish police identifies decapitated body of journalist murdered on submarine 

Police on Wednesday identified a headless female torso washed ashore in Copenhagen as that of Swedish reporter Kim…

U.S. ends search for missing crew of John S. McCain  

After more than 80 hours of multinational search efforts, the U.S. Navy said it suspended search…

Hyundai Heavy wants 5,000 workers to take ‘voluntary’ unpaid leave  

Due to insufficient workload, South Korean shipbuilder Hyundai Heavy Industries (HHI) has been faced with over…

Death tolls rise to 41 in two Brazil boat wrecks

The death toll from two separate ferry wrecks in Brazil surged on Thursday, with a total…

Seadrill decides on Chapter 11 bankruptcy Sept 12 

Offshore driller Seadrill plans to launch a long-awaited Chapter 11 debt restructuring by Sept. 12, aims to…