Reps to probe alleged IOC sabotage of Dangote Refinery and NNPC failure to pay for 20% stake

The House of Representatives has resolved to set up a committee to investigate the alleged conspiracy…

Minimum Wage: MAN gives conditions for OPS to pay

Director General of the Manufacturers Association of Nigeria, MAN, Segun Ajayi-Kadir, has listed the conditions the…

IG names new commander for petroleum taskforce

The Inspector General of Police, Kayode Egbetokun, has appointed Deputy Commissioner of Police, Bayonle Sulaiman, as…

Tinubu approves N70,000 minimum wage

President Bola Tinubu today July 18 approved a new minimum wage of N70,000 for Nigerian workers.…

BREAKING: NNPC loses 12.8% of its shares in Dangote Refinery, Aliko Dangote declares

Alhaji Aliko Dangote has revealed that the Nigerian National Petroleum Corporation, NNPC, no longer owns a…

FG approves $21m contract for metering 187 flow stations to curb oil theft

The federal government has approved a contract for the construction of a metering system for all…

Catalogue of Lootings in Nigeria

…How corruption under the Peoples’ Democratic Party, PDP, became a child’s play under the ruling All…

Russian oil depot gutted by fire after Ukrainian drone attack

An oil depot was gutted by fire on Saturday in Russia’s Rostov region after a Ukrainian…

Tinubu appoints new Managing Director, Board Chairman for NPA

President Bola Tinubu has approved the appointment of Dr. Abubakar Dantsoho as the Managing Director of…

CBN sells $122.671m to 46 authorised dealers

The Central Bank of Nigeria, CBN, today sold $122.67 million to 46 authorised dealers at N1,554…

Nigerians paid N721b bribe in one year -NBS Survey

The National Bureau of Statistics, NBS, has revealed that about N721 billion was paid in cash…

Senate rejects proposal to regulate forex market in Nigeria

A bill seeking to monitor and regulate the Forex exchange and foreign exchange suffered a setback…

12 professors, 15 others inducted into Shell sabbatical, research positions

The Shell Petroleum Development Company of Nigeria Limited Joint Venture has significantly expanded its educational initiatives…

Between NNPC, IOC and Dangote: Who is fooling Nigerians?

By Bola BOLAWOLE The richest man in Africa, Alhaji Aliko Dangote, stirred the hornet’s nest recently…

UBA GMD Alawuba appointed CIBN Body of Banks’ CEOs Chairman

The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc, Oliver Alawuba, has…

BREAKIN: NCAA suspends licences of 10 private jet operators

The Nigeria Civil Aviation Authority, NCAA, has suspended 10 private jet operations over failure to begin…

Court remands two business men for selling unregistered cosmetics

The presiding Judge of a Lagos Federal High Court Justice, Yelin Bogoro, has ordered the remand…

Tinubu Appoints Tunji Bello As CEO /Executive Vice-Chairman, FCCPC

President Bola Ahmed Tinubu has approved the appointment of Mr. Olatunji Bello as the new Chief…

How Emefiele Approved Contracts, Payments for Wife, Brother-in-law

The Seventh Prosecution Witness, (PW7) in the trial of former governor of Central Bank of Nigeria,…

Otedola buys fresh 2.22% shares as stakes in FBN Holdings hit 11.63%

By Kayode Ogundele Femi Otedola, the billionaire businessman, has acquired an additional 2.22 percent shares in…