Daewoo Shipbuilding to sell affiliate Samwoo Heavy Industry

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) is seeking to sell its subsidiary Samwoo Heavy…

Shipping company slams ITF over wages, repatriation claim 

Antwerp-based shipping company Seatrade Reefer Chartering has denied the allegations that it was withholding wages of the crew…

PENGASSAN decries mass sacking of Exxon Mobil staff

The Akwa Ibom Branch of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have…

Forex: Buhari happy with market stability-Emefiele

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has briefed President Muhammadu Buhari…

Nigeria to export $100bn pigeon pea to India

The National Agricultural Quarantine Service (NAQS) says Nigeria has secured an offer from the Indian government…

Modular refineries will make Niger Delta hub of oil business – Boroh

The Coordinator, Presidential Amnesty Programme, Retired Brig.-Gen. Paul Boroh, says the Niger Delta region will soon…

Senate postpones 2017 budget report presentation

The Senate, on Thursday, postponed the laying of report on the 2017 Appropriation Bill to Tuesday.The…

Shell quarterly profits surge on rebounding oil prices

Net profit at Royal Dutch Shell increased more than sevenfold in the first quarter as oil…

Nigeria village suing Eni for damages from pipe explosion – lawyer

A Nigerian village has filed a lawsuit in Milan against Italian oil company Eni demanding compensation…

West Africa Crude: IOC booked 4 million barrels, other trade sparse

India’s IOC purchased 3 million barrels of Nigerian oil and 1 million barrels of Angolan in…

N30trn Customs Probe: Senate uncovers more leakages

The Senate on Thursday expanded its panel currently investigating alleged N30 trillion revenue leakage in the…

PENGASSAN decries mass sacking of Exxon Mobil staff

The Akwa Ibom Branch of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have…