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 […]
Category: Economy
Economy
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, […]
NNPCL, FIRS, Police Face Senate Criticism for Ignoring 2019 Audit Queries
The Nigerian National Petroleum Company Limited (NNPCL), the Federal Inland Revenue Service (FIRS), and the Nigeria Police Force have come under severe criticism for their […]
Tinubu Signs Bill Granting 300% Salary Increase for Judicial Officers
Judicial officers in Nigeria have received a significant salary boost following the signing of the Judicial Office Holders Salaries and Allowances Bill into law by […]
Federal Government Ramps Up Efforts for Naira-Based Crude Sales to Local Refineries
The Federal Government has intensified its efforts to ensure a smooth implementation of President Bola Ahmed Tinubu’s directive for the sale of crude oil to […]
NNPC Reduces Stake in Dangote Refinery to Invest in Compressed Natural Gas (CNG) Stations
The Nigerian National Petroleum Company Limited (NNPC) has reduced its stake in the Dangote Refinery from the initially planned 20% to 7.2% to focus on […]