Business

Seven banks ordered to remit hidden funds to government

Justice Chuka Obiozor of the Federal High Court, Lagos on Wednesday, July 19, 2017 ordered seven commercial banks in the country to temporarily remit...

Nigeria’s oil revenue savings among world’s lowest, says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that the time is now for the country to embrace fully a robust policy to...

Appeal Court upholds conviction of foreigners for oil theft

An Appeal Court, Lagos Division on Monday, July 17, 2017 upheld judgment of a Federal High Court, in Lagos, which had earlier sentenced nine...

Electricity hike suit for retrial

The Court of Appeal in Lagos has ordered the Chief Judge of the Federal High Court to re-assign a suit on electricity tariff to...

Federal varsity, France in post-graduate studies partnership

The French ambassador to Nigeria, Mr. Denys Gauer has reinstated the support of the French government to the partnership between Campus France, Abuja and...

Groups petition Ngige on BATN, workers’ face-off

A coalition of civil society groups on the platform of the Nigeria Tobacco Control Alliance (NTCA) has written to Labour & Employment Minister, Dr....

Federal varsity reviews government’s economic recovery plan

Over the last years the Nigerian economy has been in doldrums, leaving behind tales of inflation, unemployment, poverty and the likes. To stem the...

NEITI makes clarifications on non-remittance of crude oil proceeds, NLNG dividends

The Nigeria Extractives Industries Transparency Initiative (NEITI) has said that there are misrepresentations and inaccuracies in some sections of the media arising from publications...

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Proposed $1.6bn NOAA budget cut would endanger Americans, harm ocean health – Group

The Donald Trump administration on Friday, April 3, 2026, released its fiscal year 2027 budget request to Congress, proposing...
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Finance Minister lauds NUPRC as daily production hits 1.84m

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has commended the Nigerian Upstream Petroleum...

River Basin Authority to resume dam construction after 40 years

The Hadeja-Jama’are River Basin Development Authority has restarted construction of the Kafin Zaki dam project, in Ningi Local Government Area...

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Proposed $1.6bn NOAA budget cut would endanger Americans, harm ocean health – Group

The Donald Trump administration on Friday, April 3, 2026,...

Finance Minister lauds NUPRC as daily production hits 1.84m

The Minister of Finance and Coordinating Minister of the...
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Rice scheme imposes hardship, displaces Tanzanian farmers

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