The Nigerian National Petroleum Company Limited (NNPCL) has strongly denied allegations that it owes international oil traders a debt of $6.8 billion. The company issued […]
Category: Economy
Economy
School Owners Sue Lagos Governor Over Alleged N11bn Demolition
A Lagos-based school owner, Paulin Eboagwu, and her husband, Daniel Eboagwu, have filed an N11 billion lawsuit against Governor Babajide Sanwo-Olu and six others over […]
President Tinubu Signs Key Gas Pipeline Deal with Equatorial Guinea
President Bola Ahmed Tinubu, during his three-day official visit to Equatorial Guinea, urged African nations to seek home-grown solutions to their socio-economic and political challenges. […]
Timber Associations Urge Lagos State Government to Ensure Proper Management Before Evicting Okobaba Timber Market
A coalition of timber dealers, including the Ifesowapo Timber Contractors Association, Ijaw Timber Contractors Association, Towing Vessels Association of Nigeria, Timber Sawyers Association of Nigeria, […]
EFCC Calls for Specialized Courts to Combat Rampant Oil Theft in Nigeria
The Economic and Financial Crimes Commission (EFCC) has urged the establishment of specialized courts dedicated to prosecuting cases of oil theft in Nigeria. This call […]
Oyo State Allocates N500 Million to Boost Youth Agripreneurship Under SAfER Programme
The Oyo State Government has approved a N500 million fund to support beneficiaries of the Youth Entrepreneurship in Agribusiness Project (YEAP), a key initiative under […]
Federal High Court Orders Interim Forfeiture of N190.2 Million and $70,811 Stolen from Bank
The Federal High Court in Lagos has ordered the interim forfeiture of N190,277,634.2 million and $70,811.48, allegedly stolen from a first-generation bank by an employee, […]
Port Harcourt Refinery Faces Yet Another Delay Amid $1.5 Billion Rehabilitation Controversy
The Port Harcourt Refining Company (PHRC), a key asset under the Nigerian National Petroleum Company Limited (NNPC) in Rivers State, has once again failed to […]
Fuel Prices Soar to Nearly N1,000 Per Litre in Kano as Tricycle Fares Double
Fuel marketers in Kano State have dramatically increased prices, with a litre now selling between N900 and N950. This sudden hike has led commercial tricycle […]
ICPC Uncovers 22,074 Suspicious Personnel on FG Payroll Despite IPPIS Introduction
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has exposed the presence of 22,074 suspicious personnel on the payroll of the Federal Government, […]