Senate summons NNPC over modular refineries
The Senate bemoaned the multi-billion dollar being paid by the Federal Government to subsidise refined petroleum products for Nigerians.
The upper chamber has, therefore, assigned...
UK proposes EU led maritime protection force to oppose Iran's "illegal acts of piracy"
The British foreign secretary, Jeremy Hunt, is proposing a European-led maritime protection force in the Gulf – spurning separate American plans for a US-led...
EU will retaliate with tariffs on $40Bn U.S goods- Trade Commissioner
The European Union is ready to retaliate with extra duties on 35 billion euros ($39.1 billion) worth of U.S. goods if Washington insists on...
Rotimi Amaechi, Babatunde Fashola, Hadi Sirika to return as Ministers
President Muhammadu Buhari, Tuesday, forwarded to the Senate a list of his new ministers. The Minister of Transport - Rotimi Amaechi, Minister of Power,...
NNPC signs $3.15Bn financing deal for OML 13
The Nigerian National Petroleum Corporation (NNPC) says it has signed a 3.15 billion dollars Financing and Technical Services Agreement between Sterling Oil Exploration and...
Air Peace flight from Port Harcourt makes emergency landing in Lagos
An Air Peace aircraft on Tuesday made an emergency landing and was partly damaged after it experienced difficulty landing at the Murtala Muhammed International...
DPR seals off 13 petrol stations in Akwa Ibom
The Department of Petroleum Resources in Akwa Ibom sealed off 13 petrol stations for nonrenewal of licences and under-dispensing of Petroleum products in Eket,...
India bids to launch a spacecraft on the Moon
India launched a bid to become a leading space power Monday, sending up a rocket to put a craft on the surface of the...
Oil prices increases following seizure of British tanker by Iran
Oil prices recovered as market trading resumed globally on Monday following the seizure of a British-flagged tanker by Iran on Friday, adding to tensions...
Lufthansa resumes flights to Cairo after suspension
Lufthansa resumed its flights to Cairo on Sunday following a one-day suspension due to safety concerns. The German airline’s website reveals that LH582 plane...
