By Derrick Bangura Glencore, a mining and commodities trading firm has agreed to pay over $1.1 billion for various infractions, including paying bribes to several African...
By Derrick Bangura The cost of importing petroleum products of all kinds into Nigeria has soared to over $28 billion on an annual basis, Blackgold Energy...
By Derrick Bangura A rise in energy demand in the summer could send prices higher and risk a global recession, the head of the International Energy...
By Derrick Bangura Again, Nigeria failed to ramp up crude oil production despite all the sloganeering by the various agencies of government, producing 558,000 barrels of...
By Derrick Bangura Nigeria’s federal government has insisted that it wasn’t in breach of any part of the treaty setting up the West African Gas Pipeline...
By Derrick Bangura The fuel queues which were noticed at the weekend in Abuja grew longer on Monday, with the attendant traffic snarls slowing down commercial...
By Derrick Bangura The Airline Operators of Nigeria (AON) on Monday reached a truce with the leadership of Nigeria’s House of Representatives and other government agencies...
By Derrick Bangura In a fresh revelation, marketers of petroleum products under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) have alleged that the...
By Derrick Bangura After weeks of respite, following more than three months of punishing petrol scarcity nationwide, long queues have appeared in Abuja and adjoining states....
By Derrick Bangura Nigeria’s Minister of Information, Alhaji Lai Mohammed, has said the Lekki Deep Sea Port when completed would make Nigeria regain the maritime business...