S&P

Oil-markets on Friday saw Brent crude supported by Saudi Arabia hoping to cut October supplies, while United States crude was curbed by refinery-outages due to Hurricane-Harvey damages, which dented demand. Focus was shifting to three other hurricanes that are currently tearing through the Caribbean and Gulf of Mexico. Brent crude futures rose to 54.57 dollars […]

NNPC GMD, Dr Maikanti Baru Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, says the oil firm does not “see a penny” from the sale of crude oil. Baru said this in response to some critical reports, especially from the Nigeria Extractive Industries Transparency Initiative (NEITI). NEITI in its March 2017 policy […]

Anglo-Dutch oil giant Shell has been accused of refusing to hand over 100,000 documents on the arrest, detention, and execution of nine men by the military regime of late Sani Abacha according to Amnesty International. In a statement on Friday, senior director of research at Amnesty International, Audrey Gaughran, said Shell had gone to “extraordinary lengths” to […]Read More

Brig.-Gen. Paul Boroh (rtd) The Coordinator, Presidential Amnesty Programme (PAP), Brig-Gen. Paul Boroh (rtd), has charged ex-agitators in the Niger Delta region to work with communities in protecting national economic assets. Boroh in a statement signed by Stella Inametti, Media and Communication Department, PAP, on Friday in Abuja, implore them to safeguard oil and gas pipelines as […]Read More

The Special Adviser to President Muhammadu Buhari on Niger Delta, Brig. Gen. Paul Boroh, says the Federal Government will soon launch a programme that will end gas flaring in the Niger Delta. He said this on Friday during the inauguration of a water project in Gelegele-Gbene community near Benin in Ovia North East Local Government area […]

A new funding model launched by the Red Cross aims to attract private capital to conflict zones to help some of the world’s neediest people, while giving investors a return on their money. The “Humanitarian Impact Bond” set up by the International Committee of the Red Cross’ (ICRC) with a value of 26 million Swiss […]Read More

A European and African deal to stem the flow of migrants coming through Libya to Europe fails to tackle the abuses they face, the top U.N. human rights official wrote on Friday. The Aug. 28 deal struck in Paris by France, Germany, Italy, Spain, Chad, Niger and Libya failed to provide “a detailed blueprint to […]

The Chief of Naval Staff (CNS) , Vice Adm. Ibok Ete-Ibas says the Nigerian Navy (NN)  would continue to protect the nation’s maritime domain against crude oil theft and any other criminal activities. Ibas disclosed this when the Commander, United States of America Naval Forces, Europe/Africa, Adm. Michelle Howard, visited him at the Naval Headquarters on […]Read More

Lai Mohammed Minister of Information and Culture, Lai Mohammed, has  urged well-meaning Nigerians not to listen to pessimists who he accused of downplaying the significance of exiting recession and classifying it as mere statistics. The minister gave the assurance on Friday in Abuja when he received Broadcast Media Editors in his office. He said people should not […]Read More

President, African Development Bank, Dr. Akinwumi Adesina The President of African Development Bank (AfDB), Dr Akinwumi Adesina, says the bank and World Bank have set aside 800 million dollars for the provision of agriculture technologies to farmers in Africa. Adesina disclosed this at the ongoing 2017 African Green Revolution Forum (AGRF) on Wednesday in Abidjan, made available […]

Libyan security forces said on Tuesday that the bodies of 16 migrants had been found in the desert near the country’s border with Egypt. The bodies were found about 310 km (190 miles) southwest of the coastal city of Tobruk, said Ahmed al-Mismari, spokesman for the eastern-based Libyan National Army. He said the area was […]

Officers and men of the Joint Task Force (JTF), in the Niger Delta, led by their commander, Suleman Apochi with other senior military chiefs survived a mishap in Calabar as the Ikang River jetty collapsed, hurling personnel into the river. The spokesperson of the JTF christened Operation Delta Safe (OPDS), Ibrahim Abdullahi, on Thursday said the […]