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Crude oil prices tumbled but then regained some lost ground on Monday after oil-rich countries failed to reach an agreement Sunday on freezing production. U.S. crude oil was trading $1.88 lower at $38.48 a barrel by mid-afternoon in…

National Chairman of All Progressives Congress, APC, Chief John Odigie-Oyegun, on Sunday defended President Muhammadu Buhari’s foreign trips, saying that people like Governor Ayo Fayose of Ekiti State and other critics of the president over…

Lionel Messi's 500th career goal could not prevent stumbling leaders Barcelona suffering a third successive La Liga defeat for the first time since 2003. Ivan Rakitic deflected Guilherme Siqueira's cross-shot into his own net to give…

The lingering epileptic power supply in the country may continue as major repairs on the vandalised Forcados terminal will not be completed until May. This was made known during the visit of Vice-President Yemi Osinbajo to the terminal…

A recent Central Bank of Nigeria report, which reveals that banks had a huge stock of non-performing loans to the tune of N649.63 billion in 2015, is ominous. It shows deterioration in corporate governance and a failure to learn from the…

Last week, the Nigerian National Petroleum Corporation (NNPC) sought to explain why long queues of motorists have not disappeared from filling stations, particularly in Abuja and its environs. NNPC Group General Manager, Public Affairs,…

The Nigerian military says it has discovered the largest single cache of arms and ammunition dump at the Alagarno forest in the North East. The Theatre Commander, "Operation Lafiya Dole", Maj.-Gen. Lucky Irabor, disclosed this at a news…

More reactions have trailed Ekiti governor, Ayodele Fayose's letter to the Chinese government, asking it to refuse President Muhammadu Buhari's request of $2 billion loan. Chairmen of the Nigerian Bar Association (NBA) in Lagos State and…

Capt. Dele Ore, a former president of the Aviation Round Table (ART), has kicked against the influx of expatriates into Nigeria's aviation industry. Ore spoke with aviation correspondents on Sunday in Lagos. He warned that the high level…

Mr. Greg Ogbeifun, the president, Ship owners Association of Nigeria (SOAN), at the weekend urged the Federal Government to support indigenous ship owners to procure ships and train cadets on sea time experience. Ogbeifun made the plea in…