Sayyu Dantata resigns as chairman of MRS Oil

Chairman of MRS Oil, Sayyu Dantata, has tendered his resignation as chairman of the company. In a notice sent…

Oil theft: Appeal Court upholds foreigners’ jail sentence

The Court of Appeal, Lagos Division, has affirmed the judgment of a Federal High Court, Lagos,…

NUPENG seeks alternative loading depots for tankers

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday appealed to the Nigerian National…

Unions set to picket NCAA on Wednesday over promotion of staff, favoritism

Aviation industry unions led by the National Union of Air Transport Employees (NUATE) are set to…

$1.7bn debt: Banks get court nod to seize assets of Diezani’s associates

A federal high court in Lagos has directed 19 banks to seize assets belonging to businessmen…

Nigeria’s annual inflation slows in June, but still above 16 percent

The Nigerian economy is gradually coming out of recession, with the annual inflation falling in June…

Refineries now supplying 60% kerosene demand – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Sunday said that its refineries in Port Harcourt, Warri…

Hoodlums hijack petrol tanker, kill driver in Osun

Suspected armed robbers have a hijacked petrol tanker and hacked the driver of the truck to…

Boat capsize: 34 Cameroonian soldiers missing

Thirty-four Cameroonian soldiers from the elite Rapid Intervention Brigade were missing Monday, a day after an…

27 students die in boat accident

No fewer than 27, people mostly students, have been killed and 54 others missing after an…

Maritime security: NIMASA advocates collaboration with security agencies 

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside has stressed…

Nigeria to stop rice importation by December – Minister

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, says Nigeria will stop rice importation…