Apapa Gridlock: Lagos Reconstitutes Joint Security Task Force

…Orders Police, Other Security Agencies To Strictly Enforce Traffic Law, Okada Ban [dropcap]T[/dropcap]he Lagos State Government has reconstituted the Joint Security Task Force established to tackle Apapa gridlock and other security threats within the axis brought about by the blockade of major roads in the area by tankers and containerized trucks. The Apapa gridlock, in…

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Hyundai Nigeria Launches 2018 Sonata

ROTIMI ASHER [dropcap]D[/dropcap]espite consistent decline of new auto sales in the nation’s domestic market, latest model of the 7th generation of Hyundai Sonata was on Thursday launched into the Nigerian automotive market. Presented to the Nigerian motoring media on Thursday, the remodeled 2018 mid-size, family sedan, which comes with a long list of standard and…

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Brazil’s Petrobas to sell Nigerian business

[dropcap]B[/dropcap]razil’s state-owned oil company Petroleo Brasileiro SA (Petrobras) is leading an effort to sell Petrobras Oil and Gas BV (Petrobras Africa),involved in two deepwater oil exploration blocks off the coast of Nigeria. The blocks are Akpo and Agbami producing fields and are operated by Total SA and Chevron Corp respectively. Petrobas is being joined in…

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More Oil Cash Needed In Nigeria’s Delta to Avert New Conflict, Says Minister

Nigeria’s oil minister will visit the Niger Delta this week in a bid to stave off a threat of more insurgent attacks in the area, and said that without more investment it would be a struggle to ease tensions and develop its main crude producing region. The Niger Delta Avengers, whose attacks on energy facilities…

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