NDLEA Busts Cocaine Ring Using Palm Oil Tins, Arrests Kingpin in Lagos Crackdown

NDLEA Busts Cocaine Ring Using Palm Oil Tins, Arrests Kingpin in Lagos Crackdown

By Zainab Uzomah| Abuja NDLEA says it has uncovered a cocaine trafficking network that concealed drugs in tins of palm kernel oil bound for the United Kingdom, following a series of intelligence-led operations in Lagos and other parts of the country. According to a statement signed by NDLEA spokesperson Femi Babafemi, the operation began on 11 March 2026 when officers at Murtala Muhammed International Airport in Lagos intercepted 3.1kg of […]

April 6, 2026 7

NEWS

Oil Theft Crackdown: Nigerian Navy Destroys Refinery, Arrests Dozens

By Zainab Uzomah|Abuja The Nigerian Navy says it has destroyed an illegal oil refinery and arrested 37 suspected illegal miners during separate operations in the Niger Delta. The actions were carried out under Operation Delta Sentinel, a security campaign aimed at tackling crude oil theft and other illicit activities in the region. According to the statement signed by the Director of Naval Information, Captain Folorunsho, the personnel from NNS Pathfinder […]

March 15, 2026 15

NEWS

NAF Reinforces Fight Against Oil Theft in Niger Delta

By Zainab Uzomah|Abuja The Chief of the Air Staff, Air Marshal Sunday Aneke, has reaffirmed the Nigerian Air Force’s commitment to protecting the country’s critical oil and gas infrastructure during a strategic operational visit to its base in Port Harcourt, in Rivers State. According to a statement signed by the Nigerian Air Force Director of Public Relations and Information, Air Commodore Ehimen Ejodame, the visit on 5 March included the […]

March 8, 2026 11

NEWS

CBN blames ageing pipelines for oil revenue crash

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quarter of 2024 to ageing pipeline infrastructure and operational inefficiencies. According to the apex bank’s latest economic report for the third quarter of 2024, oil revenue fell by 24.72 per cent to N1.30tn compared to the second quarter of 2024. This drop was largely due to lower receipts from petroleum profit tax and royalties. […]

December 27, 2024 87

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BUSINESS

FG woos global investors for 17 oil blocks

The Federal Government, on Tuesday, offered 12 oil blocks and five deep offshore assets for sale as it marketed the assets to global oil sector investors at the ongoing 2024 Offshore Technology Conference in Houston, United States. Speaking at the African Oil Industry Opportunities Session, a side event at the 2024 Offshore Technology Conference, the Chief Executive, Nigerian Upstream Regulatory Commission, Gbenga Komolafe, told investors at the gathering that Nigeria […]

May 8, 2024 71 2

BUSINESS

Shell supplies 475,000 barrels of crude oil to P’Harcourt refinery

The Shell Petroleum Development Company of Nigeria Limited said it has completed the supply of 475,000 barrels of crude oil to the Port Harcourt Refining Company Limited. The SPDC said this was in furtherance of the Federal Government’s commitment to increase domestic refining capacity and make petroleum products more readily available in the country. A statement by Shell Nigeria’s Media Relations Manager, Abimbola Essien-Nelson, on Monday disclosed that the company, […]

February 12, 2024 103

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