Chevron hands over assets to Seplat, Belemaoil

Chevron Nigeria Limited (CNL), operator of the joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC) and CNL (the “NNPC/CNL JV) has formally handed over the producing assets in OMLs 53 and 55 to Seplat Petroleum Development Company Plc. (Seplat) and Belemaoil Producing Limited (Belemaoil) respectively Friday in Lagos.

Over 2500 to lose jobs as Nigeria's biggest cashew factory St to shut down

The National Cashew Association of Nigeria on Thursday expressed concern that Olam Cashew Factory, Nigeria’s biggest cashew factory, would go into extinction if precautionary measures are not taken.

Villagers burn three armed robbers in Kogi

Three armed robbers have been burnt at Orunu junction in Ofu Local government area of Kogi State by angry youths suspected to have hailed from the adjourned communities ‎ in the area.

Olisa Metuh resumes work, hosts British lawmakers

The National Publicity Secretary of Peoples Democratic Party, PDP, Chief Olisa Metuh, who regained his freedom after meeting his bail conditions on Thursday, resumed work at PDP office on Friday.

Drama as Nnamdi Kanu’s lawyers withdraw from case

Nnamdi Kanu

There was a mild drama at the Federal High Court sitting in Abuja on Friday as a team of lawyers, numbering about fifteen and working for the Director of Radio Biafra, Nnamdi Kanu withdrew from the ongoing case.

Seize any money I own in foreign accounts, Akpabio challenges FG

Akpabio

Former Governor of Akwa Ibom State and Senate Minority Leader, Senator Godswill Akpabio has denied owning any property in Dubai, United Arab Emirate or any other foreign country.

Buhari fails to lean from the past - The Economics

“GIVE me lucky generals,” Napoleon is supposed to have said, preferring them to talented ones. Muhammadu Buhari, a former general, has not had much luck when it comes to the oil price.

Between 1983 and 1985 he was Nigeria’s military ruler. Just before he took over, oil prices began a lengthy collapse;