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Oil makes deepest monthly drop in three years

Oil makes deepest monthly drop in three years

Crude oil futures dropped by more than 1%, ending May with their biggest monthly decline in more than three years as bloated US stockpiles and weak economic data added to worries about the euro zone crisis.

TUC accuses govt of undermining local refining

TUC accuses govt of undermining local refining

TRADE Union Congress of Nigeria, TUC, has accused the Federal Government of Nigeria, of deliberately undermining local refining of petroleum products in the country and aiding the gang up against the Nigerian people by the Oil cartel that are bent on ensuring that local refining remains a mirage.

DANA forced Ill-fated plane to fly – Staff alleges

DANA forced Ill-fated plane to fly – Staff alleges

An official of Dana Airline, yesterday, made a startling revelation on the circumstances surrounding Sunday’s crash of the airline’s Lagos-bound plane in Iju-Ishaga, Lagos, saying the management of the airline knew the ill-fated aircraft was faulty before take-off but still went ahead to fly it.

Keshi dissects Calabar victory

Keshi dissects Calabar victory

By the time the Nigeria-Namibia match ended on Sunday in Calabar, seven local players were on the field as part of the victory party.

Faulty mortgage sector, impediment to affordable housing

Faulty mortgage sector, impediment to affordable housing

With a housing shortfall estimated at between 16 -17 million units, Nigeria is believed to have one of the highest number of homeless people in the world. Majority of these people fall within the low-income or vulnerable group. Apart from the non-availability of land as a result of the Land Use Act of 1978, dearth of housing finance has been fingered as the greatest factor inhibiting the provision of shelter for the Nigerian masses.