NSC laments war risk insurance on Nigeria-bound ships

  The Executive Secretary of Nigerian Shippers’ Council (NSC), Hassan Bello has expressed concerns over high…

NAPTIP, NIS, partner EU, others on trafficking, migration in Nigeria

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) and the Nigeria Immigration Service…

Unfazed by OPEC, Libya, Nigeria seek to boost oil output

Less than two weeks after OPEC’s decision to extend oil production cuts, Libya and Nigeria the…

Nigeria wasted ‘only N100m’ on IMO Council bid – Dakuku 

In an era where many state governments lack sufficient funds to pay workers’ salaries and where…

Oil prices under pressure from rise in U.S. drilling rigs

Oil prices edged lower on Monday as rising U.S. drilling activity pointed to a further increase…

Addax to invest $5billion in Nigeria

Addax Petroleum Development (Nigeria) Limited says it is planning a fresh investment of $3 billion to $5…

Can gas flaring end in Nigeria?

By Lakinbofa Goodluck Nigeria seems to have forgotten about the impact of gas flaring on the…

Nigeria, US sign agreement on $300m Abacha, Alamieyeseigha’s loot

The Attorney-General of the Federation and Minister of Justice,  Abubakar Malami, on Thursday signed an agreement with…

Oil edges up on Chinese demand, but weekly losses loom

Oil prices edged up on Friday, helped by rising Chinese crude demand and threats of a…

Importation of Maize into Nigeria not illegal -Officials

The Minister of State for Agriculture, Heineken Lokpobri, has said that there was no law banning importation…

Fitch cuts Nigeria’s 2017 GDP growth forecast to 1 percent

Fitch has cut its 2017 economic growth forecast for Nigeria to 1 percent from 1.5 percent,…

Foreign rice in Nigeria smuggled, some poisonous – FG 

The Federal Government on Thursday declared that all foreign brands of rice in the country at the moment…