Oil thieves are like insurgents, must be treated like terrorists – Gbajabiamila

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The Speaker of the House of Representatives, Femi Gbajabiamila, has urged the federal government to treat oil thieves as terrorists by applying stiff measures...

Niger Delta council demands amendment of PIA on remittance of gas flare penalty

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National Council on Niger Delta (NCND) has urged the Ministry of Niger Delta Affairs to propose an executive bill to the Federal Executive Council...

Revoke Olu of Warri’s pipeline surveillance contract – Group

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A Niger Delta group under the aegis of ‘Creek Dragons’ has demanded the urgent revocation of the oil pipeline surveillance security contract awarded by...

Panic as gas leakage hits Bayelsa community

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A gas leakage has been reported along the Bayelsa Palm-New Otuoke Road near Yenagoa, the Bayelsa State capital. The Nigerian Agip Oil Company and the...

SNEPCo schedules 200,000 bpd Bonga FPSO for Turnaround Maintenance in Oct

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Shell Nigeria Exploration, and Production Company Limited (SNEPCo) on Sunday said its 200,000 barrels per day capacity Bonga Floating Production Storage and Offloading (FPSO)...

Oil theft: NNPCL loses $700m monthly

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Nigerian National Petroleum Company Limited said it lost 470,000 bpd to crude oil theft, especially those perpetrated in the oil-rich Niger Delta region. The loss,...

Buhari approves take over of Gombe Airport by Fed Govt

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President Muhammadu Buhari has approved the Federal Government’s takeover of the Gombe State Airport. This was disclosed to State House correspondents on Friday by Gombe...

Sterling Bank introduces virtual cards for OneBank customers

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Sterling Bank Plc has introduced virtual cards for existing and prospective OneBank customers free of charge to enable them to make easy and fast local...

Again, naira crosses N700/$ mark at parallel market

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The naira has continued its downward trend, falling to N702 per dollar at the parallel market on Monday. The figure represents N10 or 1.4 percent...

High food prices threaten households’ incomes …As More families on the brink

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Rising costs of food prices and essentials are increasingly reducing households’ disposable incomes and pushing more families to the brink of poverty. Experts said insecurity...