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Bonny Light Crude Oil

MDs forged NNPC documents to defraud partner – EFCC

The Economic and Financial Crimes Commission on Monday arraigned two Managing Directors - Epebinu Omoniyi of Pure Pack Oil Nigeria Ltd and Adekanbi Adedayo of First Hallmark Energy Ltd - for forging Nigerian National Petroleum Corporation documents and defrauding a business partner of N3m.

Protesters storm Shell crude flow station in Rivers

Hundreds of Nigerian protesters stormed a crude oil flow station owned by Shell in the restive Niger Delta on Friday demanding jobs and infrastructure development, a Reuters witness said.

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Governor Umahi denies dumping PDP for APC

David Umahi, governor of Ebonyi state, has denied decamping from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).

Nigerian troops recapture Yobe town from Boko Haram

The Nigerian Army says its troops had re-occupied Jilli in Yobe and began to spread across the general area after the Boko Haram terrorists group attacked their location in the town on July 14.

Flood: House of Reps urge federal government to declare Auchi ecological disaster area

The House of Representatives on Tuesday, urged the Federal Government to take flooding and gully erosion problem in Auchi, Edo, with utmost seriousness and declare the environment ecological disaster area.
Larry Ettah

NECA cautions federal government on loans to avoid negative impact on economy

The Nigeria Employers’ Consultative Association (NECA) on Tuesday advised the Federal Government to tame its appetite for leverage on loans to avoid negative impact on the economy.
Biotechnology - BigStock

Don: Nigeria can generate $1 billion from biotechnology

A United States-based Nigerian Professor of Microbiology and Biotechnology, Prof. Diuto Esiobu, has urged Nigerians to embrace biotechnology certification, saying it will boost the economy and generate at least $1bn in the near future.