Federal High Court in Ado Ekiti has ordered that Governor Ayodele Fayose’s accounts in Zenith Bank be defrozen with immediate effect. The accounts were frozen by the EFCC in June, this... Read more
Moody’s Investors Service has again affirmed the B1 long-term issuer rating of the Government of Nigeria with a stable outlook. The ratings agency pointed out the following as key drivers of... Read more
Oil rose by as much as 6.5 percent on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversu... Read more
The Economic and Financial Crimes Commission is probing a fresh lead in its investigation of a former Minister of State for Defence, Senator Musiliu Obanikoro. Obanikoro, who along with his... Read more
The Economic and Financial Crimes Commission has arraigned one Dr. Vincent Anyigor and his company, Vanyigor Concepts Limited before Justice M. A. Liman of the Federal High Court, sitting in... Read more
Minister of State for Petroleum Ibe Kachikwu has expressed the hope that Nigeria’s oil production might be boosted to to 2.1 million barrels per day by next month. Kachikwu also said... Read more
South African mobile phone group MTN said on Wednesday it had appointed three new executives who will join its new chief executive and finance head next year, part of a management overhaul a... Read more
Nigeria and Morocco have agreed to build a pipeline to carry Nigerian natural gas to North Africa and Europe in a major initiative to boost energy production across West Africa and create in... Read more
CHEVRON Nigeria Limited, CNL, has appointed Esimaje Brikinn to the position of general manager, Policy, Government and Public Affairs, PGPA. Chevron, the operator of the joint venture betwee... Read more
Former Minister of Power, Prof Bath Nnaji, yesterday said in Enugu that his company, Geometric Power, was working in partnership with foreign firms to generate 1,140 megawatts in Aba, Abia S... Read more