Gas Tanker Runs Aground off Nigerian Coast
A Liquefied Natural Gas (LNG) tanker has run aground off Nigerian coast after taking on a cargo at the Bonny Island export plant, two trading sources said. (more…)
Nigeria’s earnings to drop on oil fall — Aganga
NIGERIA’s earnings from overseas will drop hugely this year due to the falling global oil prices.Olusegun Aganga, the Minister of Industry, Trade and Investments, gave this hint, weekend, when he...
Oil Market: Assessing Nigeria’s Survival Strategies as Big Players Flex Muscles
As the glut in global oil supply continues to depress oil prices with the attendant threat to the economies of oil-producing states, analysts say the brewing leadership struggle among leading...
Nigeria Set to Achieve Self-sufficiency in Rice Production, Say Investors
The Nigerian Rice Investors’ Group has said that the rice import quota policy of the federal government would ensure self-sufficiency in rice production in the country. (more…)
Digital Campaign and Views about Political Branding
Raheem Akingbolu takes a look at the place of marketing and branding in the ongoing electioneering campaign of political office seekers, using the Lagos State gubernatorial candidate of the All...
Making Nigeria a Load Centre in West Africa
Shipping experts are of the view that Nigeria urgently needs to build a brand new deep seaport in Lagos, among other reforms that will reduce costs and corruption in the...
Crude Oil Price Falls Below $56 per Barrel
As the Organisation of Petroleum Exporting Countries (OPEC) refuses to cut crude oil production, coupled with the shale oil boom in the United States, the glut in the oil market...
Nigeria in deep financial trouble, Brent oil falls under $50
Nigeria may be in for a terrible financial quagmire as the price of Brent oil drops below $50, for the first time since 2009.Nigeria had based its N4.3 trillion budget...
Russia and the Failures of the Western Financial System
2014 was a year of posturing. The U.S. “postured” by trying to lure Mr. Putin and Russia into a war. First it was over Syria and then later over Ukraine. ...
Finally, Shell to Pay £55m Compensation to Niger Delta Community for Oil Spills
Shell Petroleum Development Company has finally agreed to pay £55 million in compensation for what it described as the two regrettable oil spills that occurred in Bodo community in Gokana...