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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says it has suspended it proposed strike over Chevron Nigeria Limited’s plan (CNL) to lay off 600 workers at the Agbami Offshore Oilfield in Bayelsa.
Oil prices climbed on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world’s second-biggest oil user, recorded its lowest daily rise in COVID-19 cases in more than two weeks.
Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel demand in the world’s biggest oil importer.
The agents in the petition signed by Head, Research and Policy, National Association of Government Approved Freight Forwarders (NAGAFF), said: “First is to begin by reminding Mr. President that, for many years, the businesses of the Nigeria Shippers together with critical transport service providers such as the freight forwarders have been frustrated by certain business practices employed by container shipping lines and terminal operators.
U.S. electric vehicle maker Tesla is “very close” to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.
Oil prices dipped on Wednesday after industry data showing a build in United States crude stockpiles added to worries about oversupply, but hopes for a swift economic recovery in China limited losses.
Manchester United have identified Alexander Isak as an alternative target to Borussia Dortmund striker Erling Haaland this summer, The Star reports.
The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central Bank of Nigeria (CBN) increased forex supplies to banks.
The White House will consider arranging talks between President Joe Biden and his Chinese counterpart, Xi Jinping, as the two countries spar over issues including human rights, a top U.S. official said on Thursday.
President Muhammadu Buhari Thursday in Maiduguri, Borno State, assured citizens of the federal government’s presence in fighting terrorism to the end, and ensuring that Internally Displaced Persons (IDPs) are fully returned to continue normal lives, commending Governor Babagana Zulum for resilience and relentless efforts in rebuilding the state.
In an effort to decongest correctional centres, the Lagos State Ministry of Justice on Thursday held a plea bargain session for some inmates at...
The Nigerian economy has started gradual recovery from the negative effects of the COVID-19 global pandemic, the International Monetary Fund (IMF) has said.
Manchester United legend, Roy Keane, has identified Kalvin Phillips and Declan Rice as the two excellent players in the England squad.
The Senator representing Anambra South Senatorial District in the National Assembly, Ifeanyi Ubah, on Thursday, emerged as the candidate of the Young Progressives Party for the forthcoming governorship election in Anambra State.
The United Nations Children’s Fund (UNICEF) has announced the enrolment of over 500,000 girls in primary schools in Katsina State through its Girl’s Education Project (GEP 3) as part of efforts to reduce the spate of out-of-school children in the state.
Nigeria’s crude oil production output hit record low levels in May, the June Monthly Oil Market Report (MOMR) of the Organisation of Petroleum Exporting Countries (OPEC), has shown.