U.S. cuts crude oil imports from Nigeria by 62 pct

The United States cut its crude oil imports from Nigeria by 62.08 per cent to 3.92 million barrels in March, the lowest monthly level since February 2016. The latest data from the US Energy Information Administration seen by our correspondent on Friday showed that the country imported 10.03 million barrels and 10.34 million barrels in […]

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Over 34 Nigerians deported from the U.S.

No fewer than 34 Nigerians were on Wednesday deported from the United States of America for allegedly committing offences in the country. The deportees arrived at the Cargo Wing of the Murtala Muhammed International Airport (MMlA), Lagos at about 2.30 p.m. The deportees, comprising 32 males and two females, were brought back in a chartered […]

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U.S. said to investigate AT&T, Verizon over wireless collusion claim -source

The U.S. Justice Department has opened a probe of potential coordination by AT&T Inc, Verizon Communications, a telecommunications standards organization and potentially other providers to hinder consumers from easily switching wireless carriers, a person briefed on the matter said on Friday. Verizon confirmed the government inquiry, calling it “much ado about nothing,” adding that it […]

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US businesses add a healthy 241,000 jobs in March: survey

U.S. companies hired 241,000 new workers in March, a solid total that suggests the already-low unemployment rate may be headed lower in the coming months. Payroll processor ADP says the gains were strong across different industries, with construction, manufacturing and professional services such as accounting showing healthy gains. The figures come two days before the […]

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Nigeria's Oil Minister and OPEC president Kachikwu addresses a news conference after a meeting of OPEC oil ministers in Vienna

U.S. import of Nigerian oil rose by 48 pct, five-year high

The import of Nigerian crude oil by the United States rose by 48 per cent to 112.92 million barrels last year, the highest annual level in five years. The latest data from the US Energy Information Administration seen by our correspondent on Friday showed that the country imported 75.81 million barrels of Nigerian oil in […]

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Shithole: Nigeria takes action over Trump’s racism attention

The Federal Government has summoned the United States ambassador to Nigeria, Stuart Symington, over the derogatory remarks by President Donald Trump. Trump had in a fit lambasted immigrants, stating that they were coming from ‘shithole’ countries, a statement that annoyed many concerned nations and generated serious criticisms from the African Union and others. Symington is […]

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This image released by NBC shows Oprah Winfrey accepting the Cecil B. DeMille Award at the 75th Annual Golden Globe Awards in Beverly Hills, Calif., on Sunday, Jan. 7, 2018. (Paul Drinkwater/NBC via AP)

U.S. Democrats’ kicks as Winfrey speech sparks talk of 2020 presidential race

Oprah Winfrey’s impassioned call for “a brighter morning even in our darkest nights” at the Golden Globes has Democratic Party activists buzzing about the media superstar and the 2020 presidential race – even if it’s only a fantasy. Even so, for Democrats in early voting states, and perhaps for a public that largely disapproves of […]

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Don’t ‘underestimate’ US, warns Trump as he kicks off Asia tour

President Donald Trump Sunday issued a stern warning that “no dictator” should underestimate the United States as he kicked off an Asian tour dominated by the North Korea nuclear crisis. Speaking to cheering military personnel at Yokota Air Base just west of Tokyo minutes after landing, Trump donned a bomber jacket and said “no one, […]

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Iran will continue to develop ballistic missiles as U.S. prepares new sanction

Iran’s president on Sunday said his country would continue building weapons including developing missiles as the United States prepares new sanctions over its ballistic missile programme. “To defend our nation and territorial integrity, we will build all the weapons we will need,” Hassan Rouhani told parliament in statements broadcast on state television. Recent Iranian missile […]

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United States to supply power to Nigeria – US Energy Secretary

The United States of America, USA, has concluded plans to supply power to Nigeria, Cote D’Ivoire and South Africa, thus changing its status as a major energy importer to exporter. Rick Perry, United States Energy Secretary, disclosing this at the ongoing Africa Oil Week conference in South Africa said the plan is targeted at enhancing […]

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Oil prices inch lower on increases in U.S. crude inventories, production

Oil prices inched lower on Thursday, pressured by an unexpected increase in U.S. crude inventories and as oil output and exports from the United States rose last week. Brent crude for December delivery was down 4 cents at $58.40 a barrel by 0523 GMT. The contract gained only 0.2 percent on Wednesday, supported by comments […]

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Nigeria's Oil Minister and OPEC president Kachikwu addresses a news conference after a meeting of OPEC oil ministers in Vienna

Nigeria, U.S. plans fresh investments in tech. to grow energy sector

Nigeria and the United States of America are planning fresh investments in newer technology to further grow the nation’s oil and gas potential. This came as the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, on Tuesday met with the Secretary of Energy of the United States of America, Mr. Rick Perry, on […]

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