Nigeria can produce three million barrels of crude per day – Kachikwu

  T he Minister of State, Petroleum Resources , Ibe Kachikwu, said that Nigeria is capable…

Reps seek revocation of oil bloc licenses

    The House of Representatives would seek revocation of oil bloc licenses issued without due…

MOL’s nine month profits up to $163m

Mitsui OSK Lines (MOL) increased its nine-month earnings for FY2016 reporting profit of JPY19.03bn ($163.33m), but…

NYK hit by massive $2bn loss on impairments

Japan’s NYK slumped to a near $2 billion loss in the first nine months of FY2016…

Simple steps to import goods into Nigeria

The import process in Nigeria involves a number of steps which are enumerated below: Ensure you…

Oil spillage: CLO writes IGP, DSS over alleged diversion of N33.5m compensation

The Civil Liberties Organisation (CLO) has sent a protest letter to the Inspector General of Police,…

FG, states shared N426 billion in December-NBS

The sum of N426.88 billion was disbursed to the three tiers of government in December 2016,…

ExxonMobil fourth quarter earnings dive on low oil prices

ExxonMobil reported a big drop in fourth-quarter earnings Tuesday, as low oil and natural prices continued…

Petrol thief falls inside tanker, dies

The Director of Lagos State Fire Service, Rasak Fadipe, on Tuesday said they recovered two bodies…

Trump sacks attorney general for questioning immigration ban

United States President, Donald Trump, has fired the country acting attorney general, after she questioned the…

Top quotes of the day

  “… it is a known fact that Libya has been executing alleged black illegal immigrants…

We’ll resist petrol price increase, says NUPENG

  Any attempt to increase the price of Premium Motor Spirit (PMS), popularly known as petrol,…