Oil output to expand faster than demand in 2018

Global oil output will expand faster than worldwide demand for oil next year, primarily as US…

Two crew missing as Indonesian cargo ship sinks off Malaysia

An Indonesian cargo ship sank in the busy Malacca Strait early Wednesday, triggering a search for…

‘20 per cent of Nigeria’s 2017 budget to be funded with recovered loot’

  Senior Special Assistant to President Muhammadu Buhari on Prosecutions, Okoi Obono-Obla, said on Tuesday that…

Dangote Flour Mill employee arraigned for stealing diesel 

An employee of Dangote Flour Mill, Sunday Ojo Oluwafemi was arraigned Tuesday before Apapa Magistrates’ Court 8, for…

Nigeria, Benin to host 2018 Border Region in Transition conference

Nigeria is set to host the 2018 edition of Border Region in Transition (BRIT) Conference alongside…

Military sets up panel to probe deadly Navy, Police clash

The Defence Headquarters has setup a high profile committee to investigate the recent clash between personnel…

NNPC posts N34bn Q1 loss as crude production slumps

The group financial performance of the Nigerian National Petroleum Corporation (NNPC) recorded its third consecutive monthly…

US oil output disrupting market rebalancing – OPEC

Increased oil production in the United States is hampering efforts to balance out market supply and…

$1.6bn fraud: Again court grants Diezani-Madueke’s aide permission to travel abroad

Justice Nnamdi Dimgba of the Federal High Court, Abuja, on Tuesday, granted Jide Omokore, an aide…

Customs collects over N1.2 bn revenue in Niger – Official

The Nigeria Custom Service (NCS), Niger Area Command, said it had collected about N1.2 billion as…

‘Edo Inland Container Depot will generate 13,000 jobs’

Chairman of the State Implementation Committee for the Edo Inland Container Depot (EICD), Charles Akhigbe, says…

Somalia signs treaty to repatriate convicted pirates

A decision taken last week by India to sign a bilateral prisoner transfer agreement with the…