President Muhammadu Buhari on Thursday urged other countries and the United Nations to speed up the process of repatriating stolen money held abroad, which he said was becoming “tediou... Read more
A Federal High Court sitting in Lagos has dismissed a $48 million suit by Honeywell Group and its Chairman Dr Oba Otudeko against Alhaji Aliko Dangote. Presiding Justice Okon Abang while de... Read more
LAGOS State has finally joined the elite club of oil producing states as it pumped its first oil from 40,000 barrel per day capacity Aje field, offshore Lagos. In a statement by Yinka Folawi... Read more
A witness, Mr. Abu Sule, told a Federal High Court in Abuja on Wednesday that he collected the sum of $2.29m cash in a Ghana-Must-Go bag from a former Governor of Imo State, Ikedi Ohakim, to... Read more
Fidelity Bank has announced the appointment of Alhaji Mohammed Lawal Balarabe as its Acting Managing Director/Chief Executive Officer, following what it described as the absence from offic... Read more
The has said the The Nigeria National Petroleum Corporation will commence drill for oil in the Chad Basin in the last quarter of this year (2016), the corporation has said.. A statement by... Read more
More criticisms are coming against President Muhammadu Buhari’s handling of the economy and security challenges in close to one year of his administration,. Barely a day after the Nobe... Read more
Honda Aircraft Company has been working on the HondaJet for more than 20 years and now has started deliveries of the $4.5 million airplane in both North America and Europe. In April, at the... Read more
Depressed oil prices, rampant corruption, and pipeline vandalism are only parts of Nigeria’s oil problem. It’s now losing a massive 400,000 barrels of crude daily to pirates in the Gulf of G... Read more
FBN Holdings Plc, the parent company of First Bank Nigeria Limited, cut about 1000 jobs and focus less on providing loans to the oil industry in a bid to reverse the 2015 financial year’s 82... Read more