Saturday, August 15, 2020

FUEL SCARCITY: FG to pay oil marketers N156 Billion on Thursday

The Federal Government on Wednesday expressed concern over the fuel scarcity being witnessed in some parts of the country, stating that oil marketers would...

Nigeria’s $20 Billion Oil Sales Fraud: Jonathan Administration Apparently Pressured PricewaterhouseCooper To Revise Report

One day after President Goodluck Jonathan authorized the release of a version of a forensic audit of $20 billion reportedly missing from Nigeria’s crude...

$370m Abacha loot traced to Luxembourg

Nigerians ferrying money to Switzerland will now have to prove that such wealth is acquired legally before they are allowed to lodge such in the...

Audit of NNPC shows it overpaid state, but still owes

Abuja - A forensic audit of Nigeria's state oil firm released on Monday said the company, accused of corruption, actually overpaid the state by...

I will look into Sanusi’s missing $20bn claim –Buhari

President-Elect Muhammadu Buhari on Sunday said his administration would probe the claim by a former   Governor of the Central Bank of Nigeria and now...

Buhari to resume search for oil along Chad Basin

he President-elect General Muhammadu Buhari, on Sunday, said his incoming administration will accord priority to ending the Boko Haram insurgency and bring stability in...

Passengers Stranded As Air Traffic Controllers Embark On Strike

Thousands of air passengers travelling on local routes across the country were stranded yesterday at the airports as air traffic controllers embarked on a...

Report: NNPC top mgt to go, accounts to be probed

Incoming Muhammadu Buhari administration will replace the top management of the Nigerian National Petroleum Corporation (NNPC), Reuters news agency reported yesterday. It will also review...

How Buhari’s govt can boost revenue, by Okonjo-Iweala

The Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, has a word of advice for the incoming government- diversify revenue...

Russian Firm To Build Nigeria’s $80bn Nuclear Plant

Russia’s state-run nuclear group, Rosatom Corp, has signed a deal with Nigerian authorities to build power plants in the country. Up to four nuclear facilities...

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