Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, has described as totally strange the allegations by the Nigerian Governors Forum (NGF) that $20 billion... Read more
President Goodluck Jonathan has been restrained from approving the amendment of the Oil and Gas Export Free Zone Act. A Federal High Court sitting in Lagos on Tuesday made the restraining or... Read more
Nigerian oil workers will go on strike to halt a small field if the government does not meet with them by the end of the week, a spokesman for Nigeria’s main oil workers’ union t... Read more
Apple has bought Mr. Chinedu Echeruo’s Hopstop.com for one billion dollars, The Wall Street Journal’s publication, AllThingsDigital has reported. Although this has been in the news since 20... Read more
An Abuja High Court has ordered Guaranty Turst Bank to refund N5.3bn to Dr. Ted Iseghohi Edwards, being an amount illegally withdrawn from the costumers account. The presiding judge, Justi... Read more
President Goodluck Jonathan on Monday sacked Mrs. Saratu Altine Umar from her post as the Executive Secretary and Chief Executive of the Nigerian Investment Promotion Commission (NIPC) and r... Read more
Lagos State Governor, Mr. Babatunde Fashola (SAN), has said that his administration borrowed wisely and made judicious use of money borrowed for the development of the state. Fashola, who ha... Read more
Government on Thursday heeded the appeals of the organised private sector (OPS) with the harmonisation of various governments tax and levies operational nationwide. The Cordinating Minister... Read more
The Trans Nigeria Pipeline that carries Nigeria’s Bonny Light crude oil to an export terminal has been shut down since May 12, a Shell spokeswoman said on Thursday. Neither the reason for th... Read more
Muhammad Sanusi II, Emir of Kano and former Central Bank of Nigeria (CBN) governor, yesterday insisted that some $12.5billion oil money was diverted under President Goodluck Jonathan’s admin... Read more