Navy arrests 3 suspects with stolen crude oil in A’Ibom
Nov. 7, 2024 The Nigerian Navy Forward Operating Base (FOB), Ibaka has arrested three suspected oil thieves carrying a boat containing crude oil worth N32 million in the state. The…
DHQ confirms emergence of new terrorists’ group in N/W
Nov. 7, 2024 The Defence Headquarters has confirmed the emergence of a new terrorists’ group known as ‘Lukarawas’ exacerbating insecurity in the North Western part of Nigeria. The Director of…
Oando Targets 100,000bpd Post NAOC Acquisition
Nov. 7, 2024 Nigerian multinational energy company Oando is targeting a production of 100,000 barrels per day (bpd) by 2028, following its landmark acquisition of Eni’s Nigerian Agip Oil Company…
Nissan to axe 9,000 jobs, cut production on weak China, US sales
November 7, 2024 Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said on Thursday, as it scrambles to reduce costs by $2.6 billion…
Lagos seeks investors for 4,000 MW gas-fired power plants
November 7, 2024 Nigeria’s commercial capital Lagos on Thursday invited bids for construction of up to 4,000 megawatt (MW) gas-fired power plants to cover a national grid shortfall, seeking to…
Woman to spend 3 years in jail for N5.8m visa fraud
Nov. 7, 2024 A Kaduna Chief Magistrates’ Court, on Thursday, sentenced a 40-year-old woman, Danielle Justin, to three years imprisonment for alleged N5.8m visa fraud. The Magistrate, Mr Ibrahim Emmanuel,…
Boat capsize: NIWA rescues 2 sand miners on transit in Calabar
Nov. 7, 2024 The National Inland Waterways Authority (NIWA), Calabar Area Office, has rescued two sand miners whose boat capsized on transit. Mr Bola Oyebamij, Managing Director/Chief Executive Officer, NIWA,…
Guard’s death: Lagos police detain dog owner, confiscate 3 dogs
Nov. 7, 2024 The Police Command in Lagos State says it has detained a dog owner, Salisu Mustapha, after dogs belonging to him allegedly mauled a security guard to death….
Fuel price crisis: Why Dangote is against exploiting Nigerians
By Luke Onyekakeyah The recent disclosure by the Dangote Refinery that it sells PMS (petrol) at N990 per litre into trucks exonerates the company from blame of being part of…