• Brexit to spark UK slowdown, blow hole in public purse

    Brexit to spark UK slowdown, blow hole in public purse

    Brexit will spark an economic slowdown and ravage public finances, forcing a multi-billion-pound spike in state borrowing over the next five years, a gloomy mini-budget revealed Wednesday.

    Britain is predicted to borrow an extra £122 billion ($152 billion, 143 billion euros) in the period to 2021, according to official forecasts from the Office for Budget Responsibility.

    About half of that budget black hole — or £58.7 billion — is a direct consequence of Britain’s decision to leave the European Union, according to […]

  • Again, Niger Delta Avengers blow up Chevron pipeline in Delta

    Again, Niger Delta Avengers blow up Chevron pipeline in Delta

    The Niger Delta Avengers, NDA, said they blew up another oil installation belonging to Chevron Nigeria Limited in the creeks of Delta State on Wednesday night.

    This is coming barely 24 hours after the rampaging agitators reportedly attacked a pipeline belonging to Nigeria National Petroleum Corporation, NNPC, at Eleme leading to the Nigeria Liquefied National Gas, NLNG in Rivers State.

    The resurgent militant group disclosed its latest attack on a statement by its spokesman, Mudoch Agbinibo.

    “Between the hours of 10:50pm to 11:10pm […]

  • Rampaging Avengers blow up 3 more oil facilities

    Rampaging Avengers blow up 3 more oil facilities

    Militants continued their onslaught, Monday night, blowing up a crude oil pipeline, wellhead and manifold belonging to the Nigerian National Petroleum Corporation, NNPC and Chevron Nigeria Limited, in Makarava and other parts of Delta State.

    The manifold, suspected to be operated by the Nigerian Petroleum Development Company, NPDC, was also bombed, Monday night.

    Meanwhile, the Niger Delta Avengers has claimed responsibility for the Monday night attack on an NPDC manifold, close to Batan and two PPMC/NNPC crude oil trunk lines in Delta […]

  • Niger Delta Avengers blow up oil installations belonging to Chevron and NPDC

    Niger Delta Avengers blow up oil installations belonging to Chevron and NPDC

    Niger Delta Avenger has launched a fresh attack on oil installations belonging to Chevron Nigeria Limited and Nigerian Petroleum Development Company, NPDC.

    The separatist group which confirmed the suspension of its twitter handle yesterday, blew up two manifolds operated by the Nigerian Petroleum Development Company at Batan Community in Warri South West Council Area of Delta State on Monday night, Newsmen reports.

    According to the report, the agitators carried out the attack at about 10:35pm and 11:20pm.
    The Avengers also attacked two other […]

  • Miltants strike again, blow Shell pipeline in Imo

    Miltants strike again, blow Shell pipeline in Imo

    The new Militant group known as the ‘ Red Scorpion’ early hours of yesterday blew up another gas pipe line owned by the Shell Oil company in the oil rich Community of Awara in Ohaji/ Egbema council area of Imo state.

    It was gathered that the attack on the Shell gas pipeline was allegedly carried out by the new militant group called the Red scorpion.

    It would recalled that the group had earlier on Tuesday served a quit order to all oil […]

  • Niger Delta Avengers blow up another Chevron oil well, says not negotiating with FG

    Niger Delta Avengers blow up another Chevron oil well, says not negotiating with FG

    The Niger Delta Avengers on Wednesday claimed it had blown up another oil well.

    The group equally said it was not negotiating with the Federal Government.

    In two tweets on its Twitter handle in the early hours of Wednesday, the NDA said it blew up Well RMP 20 belonging to Chevron Oil.

    It said in the first tweet: “At 1:00am today, the @NDAvengers blow up Well RMP 20 belonging to Chevron located 20 meters away from Dibi flow Stattion in Warri North LGA.”

    The […]