Malabu scandalEx-petroleum Minister, 12 others set for trial in Italy
Former Minister of Petroleum Dan Etete is to be arraigned in Italy over his alleged involvement in the $1.1billion Malabu oil deal. Just last week,...
Business
Heritage Bank safe, profitable- Sekibo
Battling unrelenting social media attacks, suggesting insolvency, the Managing Director/Chief Executive Officer of Heritage Bank Plc, Mr. Ifie Sekibo, yesterday said the commercial bank was...
States meet to consider fresh revenues sources
In a bid to augment the shortfall in revenues accruing to them from the Federation Account, some states gathered in Enugu and considered creative ways...
FG Orders CBN, NPA, 15 Others to Refund N450bn Unremitted Revenue
Minister of Finance, Kemi Adeosun has invited seventeen revenue-generating agencies to a meeting to tender proposals on how they intend to repay N450 billion unremitted...
Amaechi eyes massive advertising revenue along railway routes
The federal government has stated that it intends to raise several billions of naira from companies and state governments from all rights of way, advertising...
224 firms submit bids for 2017 crude term contracts
India, Indonesia, Thailand now top destinations for Nigeria’s oil Chineme Okafor in Abuja The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that 224 companies have...
FG Claims Nigeria recorded over $20bn investment inflows in one year
In a remark certain to befuddle Nigerians, the federal government claimed at the weekend that the country recorded over $20 billion investment inflows in the...
Recession worsens as GDP drops in third quarters -Report
Nigeria’s recession has worsen as latest report from the National Bureau of Statistics, NBS, indicates that Nigeria’s Gross Domestic Product, GDP, has shrunk by 2.24...
Refineries may become moribund once Dangote’s begin production – Kachikwu
The four refineries belonging to the Federal Government may end up as scrap once the Dangote Group begins processing crude oil at its refinery in...
Nigeria may face famine in January, Presidency warns
The Presidency has raised the alarm that Nigeria may face famine in January, if drastic steps are not taken. Nigeria, Africa’s largest producer of cereals...