Former Minister Finance,Dr Ngozi Okonjo-Iweala, has denied authorizing any disbursements from Excess Crude Account without approval. Some governors alleged that Okonjo-Iweala authorised payo... Read more
Nigeria’s external debt stock profile stood at $9.4 billion as at March 31, 2015, the Debt Management Office says. The information was contained on DMO’s website, showing the country’s... Read more
The National Economic Council on Monday set up a four-man committee to examine the accruals into and withdrawals from the Federation Account and the Excess Crude Account from 2012 to May 201... Read more
Zenith Bank of Nigeria PLC led eight othe Nigeria banks raked among top 1000 brands globally. According to the raking released on Monday by the Banker Magazine, these Nigerian banks were amo... Read more
The Peoples Democratic Party (PDP) said on Monday that President Muhammadu Buhari should stop making excuses about his slow start to governance but rather quickly set up machinery of govern... Read more
A fire at two crude oil storage tanks at Agip’s Ebocha plant in Nigeria’s Rivers state has shut down production of about 20,000 barrels per day, a spokesman for Italian oil compa... Read more
President Muhammadu Buhari on Monday challenged governors of the 36 states of Nigeria to devise creative ways to deal with mounting workers’ salary arrears, which might be a tacit indi... Read more
A civic and political action group that promotes democracy and good governance, Move on Nigeria, has come to the defence of the immediate past President Goodluck Jonathan over alleged fraud... Read more
Nigeria will probably be hit by fuel shortages in three weeks as the government doesn’t have enough money to pay for gasoline subsidies, according to the head of Seplat Petroleum Development... Read more
President Muhammadu Buhari on Friday announced the dissolution of the board of the Nigerian National Petroleum Corporation (NNPC). According to a letter signed on Friday by Danladi Kifasi,... Read more