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Middle East, US crude oil curbs Indian appetite for African supplies

India’s imports of African crude oil in October plunged to their lowest in over four years, with the world’s No.3 oil consumer increasingly turning to cheaper supplies from the United States and heavier Middle Eastern grades, ship tracking data showed.

Oil rises amidst expected extension of OPEC cuts

Oil markets edged up on Thursday as expectations that OPEC will extend production cuts at a meeting at the end of this month outweighed rising U.S. crude production and inventories.

Nigerian Navy to launch 20 new patrol boats in Delta – official

The Nigerian Navy (NN) says it will on Saturday inaugurate 20 new patrol boats at NNS DELTA in Warri, Delta.

House of Reps to probe MDAs over N115 billion tax liabilities

The House of Representatives on Wednesday resolved to investigate the allegations that Ministries, Departments and Agencies (MDAs) of government owe ₦115 Billion tax liabilities.

Nigerian military to deploy seven ships, 37 gunboats for Operation Octopus Grip in Niger...

The Nigerian military said thursday that it was commencing a fresh operation, codenamed Operation Octopus Grip, in the waterways and creeks of the Niger Delta.

Nigeria is heading towards a failed state – Ohanaeze chief Nnia Nwodo

The President General of Ohanaeze Ndigbo, Chief John Nnia Nwodo, thursday in Enugu declared that unless something urgent was done to arrest the socio-economic crisis rocking the nation, Nigeria would soon slip into a failed state.

Oil price rises towards $59.00

Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies.

Nigeria will soon drink her crude oil – Oby Ezekwesili

Oby Ezekwesili, former minister of education, says Nigeria will be forced to drink her crude oil very soon.

Nigeria’s excess crude earnings hit $22.1m in one day

Crude oil, Nigeria‘s biggest revenue earner yesterday hit $58 per barrel, the highest price in 2017, surging the country’s excess crude earnings by $22.1 million in one day.

Prepare for economy without oil – Akande tells fed govt

A former Governor of Osun State, Chief Bisi Akande, has urged the Federal Government to explore other sources of revenue, warning that the income from crude oil will further decrease, especially with the United States and other buyers converting to electric-powered vehicles.

Crude oil allocation follows strict process – NNPC

The Nigerian National Petroleum Corporation, NNPC, Sunday, disclosed that its crude oil allocation programme follows strict procedures, processes and standards, while it warned unsuspecting members of the public against the activities of scammers.

We don’t sell crude oil from hotel rooms – NNPC

The Nigerian National Petroleum Corporation (NNPC) has warned unsuspecting buyers that it does not sell crude oil from hotel rooms.

Fraudsters circulating forged crude oil allocation letters – NNPC

The Nigerian National Petroleum Corporation on Tuesday warned oil sector operators about the activities of conmen specialising in circulating forged letters of crude oil allocation with the intent of defrauding unsuspecting buyers or members of the public.

Nigeria raises alarm on fraudsters offering oil deals

The Nigerian National Petroleum Corporation, NNPC, has raised the red flag on the activities of con men who specialise in circulating phantom letters of crude oil allocation with the intent of defrauding unsuspecting would-be buyers or members of the public.


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Federal govt to make Calabar carnival a foreign exchange earner – Lai Mohammed

The Federal Government says it will make the annual Calabar carnival a major foreign exchange earner for Nigeria.

FIRS targets 90% tax compliance in 2018 – Babatunde Fowler

The Federal Inland Revenue Service (FIRS) has said it targets 90 per cent tax compliance from both individuals and corporates in 2018.

Juventus close Napoli lead at top as AC Milan lose again

Reigning champions Juventus stormed back into second place in the Serie A table, while AC Milan's imploding season took another turn for the worse.

Zimbabwe’s Emmerson Mnangagwa in tight spot over picking deputies – report

Zimbabwean President Emmerson Mnangagwa was reportedly facing a tough time in choosing his two deputies after strong backlash for picking a militarised cabinet early in December.

Order monthly inspection of police stations – Femi Falana tells Lagos CJ

Human rights lawyer, Mr. Femi Falana (SAN), has written to the Chief Judge of Lagos State, Justice Opeyemi Oke, to designate Chief Magistrates to conduct monthly inspection of all police stations and other detention centres in the state.

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Federal govt to issue bonds to finance projects

Ms. Patience Oniha, the Director-General, Debt Management Office (DMO), says the Federal Government is planning to issue N10.6 billion green bonds to finance renewable energy projects to protect the environment.

Manchester City’s record run unfairly overshadowing Chelsea form – Antonio Conte

Antonio Conte believes an impressive run of form for Chelsea has been unfairly overlooked due to Manchester City's record-breaking run.

Boko Haram has killed more Muslims than Christians – ex-Minister Sarafa Tunji

Alhaji Sarafa Tunji, a former Secretary to Ogun State Government and Minister of Mines and Steel Development has faulted the claims in some quarters that Islam is a religion of violence.

NGO urges more sensitisation on polio vaccination

Women Friendly Initiative (WFI), an NGO, has called for more sensitisation and education of the public, especially parents on importance of immunisation of children against polio.

Yuletide: FRSC reassures Ebonyi road users of safety

The Federal Road Safety Corps (FRSC), has reassured motorists and other road users on the commitment of the corps to ensure safety and security of all road users during the Yuletide.