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US Takes Control Of $480 Million Abacha Loot, To Be Returned To Nigerian Gov’t

AFP - The United States Justice Department said Thursday it had won legal control of nearly a half-billion dollars worth of corrupt gains hidden...

Obama Announces $33 Billion In Investment And Financing Commitments To Africa

US President Barack Obama yesterday announced $33 billion in new investment and financing commitments to Africa during a three-day summit with dozens of leaders...

FG Launches 10,000 Low Cost Housing Scheme

The federal government of Nigeria on Thursday, July 31, 2014 launched the first phase of the disbursement of 10,000 low cost houses under the...

President Jonathan Canvasses Stronger Partnership Among OPEC Nations

President Goodluck  Jonathan on THursday, July 24, 2014 canvassed for deeper, stronger and more cooperative partnership between Nigeria and other members of the Organisation...

Fuel Scarcity Looms In Abia As IPMAN Crisis Continues

The leadership crisis rocking the Independent Petroleum Marketers Association of Nigeria APMAN, Aba Branch may snowball into fuel crisis in Abia State and environs,...

Petroleum Marketers Decry Non-Payment Of N120 Billion Subsidy Claims

Marketers of petroleum products have decried the non-payment of N120 billion arrears of subsidy to its members, stressing that under the Petroleum Support Fund...

Only 33% Of Nigerians Are Poor – World Bank

Going by the statistics released to journalists yesterday in Abuja by the  World Bank, only 55.9 million Nigerians (about 33.1 per cent of the...

NNPC To Go Into Oil Bunkering In October

The Nigeria National Petroleum Corporation (NNPC) said it had concluded plans to go into oil bunkering business to boost its profitability in line with...

Nigeria Loses Over N15 Billion Annually By Signing BASA – Chairman AON

The Executive chairman of Airline Operators of Nigeria (AON), Captain Nogie Meggison, said Nigeria has lost the fortunes it would have made, estimated to...

Senate Delibrates On Report That Clears NNPC Of Sanusi’s ‘Missing $49 Billion’ Allegation (DETAILS)

Almost six weeks after the Senate Committee on Finance submitted its report on the allegation made by the former Governor of the Central Bank...

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