LAGOS — In a statement released yesterday, spokesman to Shell Nigeria Precious Okolobo said leaks have forced it to close the Trans-Niger Pipeline that carries 150,000...
ABUJA – Oil climbed to around $109 a barrel on both sides of the Atlantic on Friday after economic data and a sharp decline in U.S....
ABUJA – Bende Export Import Limited, a subsidiary of Slok Group, says Nigerian charcoal is in high demand among EU countries because they are of good...
LAGOS – Skye Bank Plc, Standard Chartered Bank Limited, First Bank of Nigeria Limited and First City Monument Bank Plc, have provided a $100 million refinancing...
LAGOS – The Federal Executive Council (FEC) has approved a contract worth $3.5million for the construction, delivery and commissioning of 100 channel marking buoys for the...
ABEOKUTA – All verified former workers of the recently privatized Power Holding Company of Nigeria (PHCN) will be fully paid their severance wages by next week,...
WASHINGTON – U.S. regulators on Wednesday urged banks to go easy on borrowers who are having trouble making payments on mortgages, student loans and other debt...
ABUJA — THE controversial Petroleum Industry Bill, PIB, has again suffered setback in the Senate as the planned public hearing had been put on hold as...
LAGOS – Nineteen ships laden with different petroleum products have arrived at the ports in Lagos, according to the Nigerian Ports Authority (NPA). The NPA in...
YENAGOA — Providence averted what could have been the tragic death of some suspected oil thieves in the deep swamp of Brass in Brass Local Government...