Monday, August 20, 2018

Nigeria: The world’s largest refinery in Lagos by Dangote

Dangote Oil Refinery Company Limited has said its 600,000 barrels of crude oil per day (bpd) plant located at the Lekki Free Trade Zone...

Banks block five million customers’ accounts • No withdrawal without BVN –CBN

At least five million bank accounts were deactivated by Deposit Money Banks operating in the country on Saturday night following the October 31, 2015...

Despite GOP Stand: TransCanada suspends its US permit on Keystone Pipeline

US President Barack Obama winks as he tells a joke about his place of birth during the White House Correspondents Association Dinner in Washington,...

UK investigators in Nigeria, join EFCC to probe Diezani • Ex-minister’s probe began in...

On what observers feel could link former President Jonathan to the current problems of the former Oil Minister in Nigeria the British National Crime...

IRANIAN ECONOMY is booming: Germany, Austria to increase direct flights to Tehran IRAN

Germany, Austria to increase direct flights to Tehran after the removal of the sanctions and $100 billion injected into Iranian economy, Iran is now...

UK crime agency authorised to seize cash from Nigeria ex-oil minister: court

LONDON (Reuters) - Britain's National Crime Agency (NCA) obtained court permission on Monday to temporarily seize 27,000 pounds ($41,000) from a former Nigerian oil...

EFCC recovers millions from ex-minister, Diezani’s home

There were indications, yesterday, that a former Petroleum Minister, Diezani Allison-Madueke, arrested and released in the United Kingdom, on Friday, on money laundering allegations,...

Shell Failing to Clean Nigeria Oil-Spill Sites, Amnesty Says

Royal Dutch Shell Plc has failed to clean up four oil-spill sites in the crude-producing Niger River delta, three of which an under-resourced Nigerian...

Iran: Inflation hits almost 14%

The inflation rate for the 12-month period ended on the last day of the seventh Iranian calendar month of Mehr (October 22) was 13.3...

Oil price to fall as market ‘drowns in over-supply’ $22 is the target

PARIS - The oil price is set to fall further this year as supply vastly exceeds demand, with major oil exporter Iran's return to...