Tag:Oil

Nigeria To Lose 30,000 Barrels Of Oil Daily As Addax Workers Begin Strike

Wokers of Addax Petroleum Development Nigeria Limited under the umbrella of Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, commenced indefinite strike...

Total Exploration: Management, workers’ feud deepens

The job loss scare rocking Total Exploration and Production (E&P) Nigeria Limited at the weekend degenerated, worsening the disagreement between the oil major and...

Mr. Extravagant… Forget Dahiru Mangal, Volpi, Oando boss, Wale Tinubu splurges Over N200m on Artworks

Amid bitter disagreements with business partners Amid the raucous of commerce and evilly disposed strife, former billionaire, Wale Tinubu, shuffled his way to the...

Oil rises to $68.65 as stock market rebounds

Oil prices rose more than two per cent on Monday, supported by a rebound in the stock market as trade war between the United...

JP Morgan admits it knew ex-oil minister linked to OPL 245

JP Morgan Chase has acknowledged it knew that a former Nigerian Minister of Petroleum Resources, Mr. Dan Etete, would benefit when it transferred over...

Save now for the ‘rainy day’ – CBN tells FG, States

As oil prices maintain a sustained recovery averaging $57 per barrel with consequent increase in oil revenue distributed monthly to the federal, states and...

Swiss authorities block bank accounts linked to Malabu Oil scam

The government of Switzerland has blocked several bank accounts in the country linked to the planned bribery trial of Eni and Shell executives in...

Bahrain makes largest oil discovery in its history

Bahrain on Sunday announced it has discovered the largest oil and gas field in the history of the small kingdom, which unlike its Gulf...

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President Buhari, Hushpuppi do the same work – Aisha Yesufu alleges

Aisha Yusufu, co-convener of the BringBackOurGirls campaign group, blasted President Muhammadu Buhari, saying he is doing same work as...
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Nwanta Anayoeze alleged fraud kingpin arrested by EFCC for $8.5m U.S bank scam

Economic and Financial Crimes Commission, EFCC, has arraigned an alleged internet fraud kingpin, Nwanta Anayoeze, for $8.5m scam. In a...

14-year-old girl flees home to cohabit with Facebook lover

            A 14-year-old girl (name withheld), has fled her parents’ home in Biogbolo, Yenagoa Local Government Area of Bayelsa State,...

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