Traders rush to ship U.S. oil as export window to Asia opens

Oil majors and trading houses are set to ship an unprecedented volume of U.S. crude oil to Asia…

Masters fined for collision caused by ‘catalogue of failures’

A UK judge has handed down steep fines to the experienced Masters of two vessels that…

Nigeria facing serious economic challenges – Osinbajo

  Acting President Yemi Osinbajo on Monday insisted that is Nigeria facing serious economic challenges. Recalling…

We hear you loud and clear, Osinbajo tells protesters

Acting President Yemi Osinbajo has acknowledged the complaints of protesting Nigerians, according to Laolu Akande, his…

FG outlines economic recovery plan, targets 7% GDP growth rate

The federal government has outlined plans to get Nigeria out of recession and on a path…

PHOTOS: Enough is enough, Nigerians tell government

Hundreds of Nigerians took to the streets in Lagos on Monday to protest against the government’s…

Amaechi says Buhari didn’t promise to fix Nigeria in one year

Minister of Transport, Rotimi Amaechi on Monday said APC government did not promise to fix Nigeria’s…

N304m fraud: Ex-NIMASA boss, Jauro disowns confessional statements

The Federal High Court in Lagos has ordered a trial-within-trial in the case of a former…

N1.19b NDDC projects duplicated, says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has told the Niger Delta Development Commission (NDDC) Management…

Police foil theft of N7.2bn gas turbine, arrest vandals

  The Bayelsa State Police Command says it has intercepted a Russian gas turbine worth N7.2bn…

Why we stalled contract with Tompolo’s firm – NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA) said the investigation of Global West Nigeria Limited, a…

Oil prices rise to $57.01 on weaker dollar, but U.S. output drags

Oil prices rose on Monday with traders shifting money into crude futures as the dollar weakened…