A former Governor of Bayelsa State, Chief Timipre Sylva, and the Economic and Financial Crimes Commission have disagreed over the existence of 48 houses allegedly traced to the ex-governor.... Read more
Nigerian foreign reserves have slumped 3.37 per cent to $25.45bn, indicating the huge pressure which the huge demand for foreiign exchange has on them. The country’s external reserves... Read more
Wife of Godwin Emefiele, Governor of the Central Bank of Nigeria, Margaret has been kidnapped along the Benin-Agbor Road. The kidnappers are demanding N100 million for her release, though... Read more
OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure f... Read more
MTN Nigeria has said that reports that illegally repatriated $13.92 billion out of Nigeria over a period of 10 years are “completely unfounded.” According to a press statement by MTN Group... Read more
The Federal Government would soon make available an intervention fund to be accessed by serious-minded operators in the mining sector, the Minister of Mines and Steel Development, Dr Kayode... Read more
Former President Chief Olusegun Obasanjo said on Tuesday that predicted the the current economic recession the country is currently going through in 2014 and he hinted of its consequences. T... Read more
A former governor of Abia State, Orji Uzor Kalu; his ex-aide, Jones Udeogo and Kalu’s company, Slok Nigeria Limited, were on Tuesday arraigned before a Federal High Court in Abuja by the Eco... Read more
Economic guru and former Governor of the Central Bank of Nigeria, Professor Chukwuma Soludo, has faulted the recent recommendations that Nigeria sell its asset to raise funds. For Soludo,... Read more
EFCC operatives have reportedly found N5 billion lodged in an account operated by the daughter of an Army General. According to an official in the antigraft agency who spoke on condition of... Read more