Nigeria oil and gas provide investments in excess of $50bn – Kachikwu

Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said economic growth plan recently launched by…

Russian oil output declines, almost at global pact target

Russian oil production edged down to 11.00 million barrels per day (bpd) in April from 11.05…

OTC: FG to stop sponsoring delegates from 2018 — Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has declared that the Federal Government…

World Bank blames Nigeria’s forex crisis on fixed exchange regime

The World Bank has blamed Nigeria’s enduring foreign exchange instability on the fixed exchange regime in…

We supply cheapest, most reliable power to Nigerians – NNPC GMD

Nigeria National Petroleum Corporation (NNPC) supplies the “most reliable and cheapest power’’ to Nigerians, Dr Maikanti…

Six killed, 22 injured as crane collapses at Samsung Heavy Industries

Six people died and more than 20 were injured when a crane collapsed at a Samsung…

FG urged to tighten border to curb smuggling of poultry products

Chairman, Agriculture and Agro-Allied Group, Lagos Chambers of Commerce and Industry (LCCI), Tunji Falade has called…

Task force kills notorious militant leader Ossy Ibori 

The Joint Military Task Force deployed to the Niger Delta said on Monday that its troops…

Clarksons: Boxships sailing into more positive territory?

  The container shipping market has seen a bit of a flop since the onset of the…

Panama Canal performing above initial expectations

The expanded Panama Canal has performed way above what was expected since its inception. It has…

Ports of Stockholm set to break cruise passenger record

A record number of 650,000 passengers onboard 270 cruise ships is expected to visit Swedish Ports…

Nigeria ranked second of migrants origin on sea route to Europe

The number of African migrants on sea route to Europe has surged in recent times despite…