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Justice Mojisola Olatoregun of a Federal High Court in Lagos on Wednesday dismissed a 55 million dollars debt recovery suit by the Federal Government against Agip Oil company over undeclared crude oil shipment.
Barely 48 hours after Aiteo Eastern Exploration and Production Company announced the reopening of operations on the Nembe Creek Trunk Line (NCTL), the facility has again been shut down.
Protesters in Nigeria’s Nembe region barricaded the logistics base of oil company Aiteo on Sunday and briefly disrupted its operations, the company said.
Dr Ogbonnaya Onu, Minister of Science and Technology, has reiterated the commitment of All Progressives Congress, APC, to take over the five states in the South-East zone in 2023.
Current ministers who excelled during President Muhammadu Buhari’s first term will be considered for automatic appointment into his cabinet during his second term in order to ensure continuity, according to a report.
Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles.
The Nigerian Navy said it discovered a barge and boat laden with suspected stolen crude oil on January 29 along Bolo Creek in Rivers state.
Worried by the increasing state of insecurity in the country, the Nigeria Labour Congress (NLC) on Thursday called on President Muhammadu Buhari to rejig the current security architecture in the country with the conclusion that the current system has failed the country.
As the nation’s workforce continue to heave a sigh of relief following Presidential assent to 30,000 Naira minimum wage bill, state governors have been urged to sustain the tempo.
The Nigerian National Petroleum Corporation (NNPC) says that the national average daily crude oil production stood at about 2.019 million barrels in 2018.
Oil prices inched up on Wednesday amid supply cuts by producer group, OPEC, and U.S. sanctions on oil exporters, Iran and Venezuela, but pressured by expectations that an economic slowdown could soon dent fuel consumption.
Oil hit a five-month high above 71 dollars a barrel on Tuesday, supported by concern that violence in Libya could further tighten supply already squeezed by OPEC cuts and U.S. sanctions on Iran and Venezuela.
Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela.
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, Thursday projected that the Nigerian economy would grow by three per cent in 2019, higher than the 1.93 per cent it achieved in 2018.
Most Rev. Emmanuel Chukwuma, Archbishop of Enugu Ecclesiastical Province, Anglican Communion, has appealed to Gov. Ifeanyi Ugwuanyi of Enugu State to leave legacies that posterity would remember him for.
The National Drug Law Enforcement Agency (NDLEA), has expressed worry over prevalent cases of drug abuse among youths in the country.
The Central Bank of Nigeria (CBN) and the Bank of Industry (BoI), have disclosed plans to partner with the Edo State Government to ease access to finance to creators at the Edo Creative Hub.
The police in Lagos said a 42-year-old man, Enifeh Omomo, allegedly committed suicide after killing his wife and their six-year-old son at their Ikorodu residence.
The Federal Government’s withdrawal of the Nigerian Navy and other military formations from controlling traffic at the Apapa Port has been lauded as a welcome development by some truck owners.
Odia Ofeimun, a renowned Nigerian poet, on Saturday in Abuja urged writers to keep on writing for the betterment of Nigeria.
A Nursing Expert, Mrs Victoria Opakunle, says regular medical checkup is critical to the prevention of depression, a mental disorder that can lead to mental illness and even suicide.
The Plateau Local Government Elections Tribunal on Saturday, dismissed the petition filed by the PDP, challenging the victory of the APC in Langtang-North Local Government Area.
The Paris Saint-Germain forward has had another injury-hit campaign but has returned to fitness in time for this year's tournament.
Michael Hunter intends to earn his world title shot at Anthony Joshua after coming close to being confirmed as a replacement opponent for the British star’s US debut.