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CBN Reintroduces N65 Other-Bank ATM Withdrawal Charge

Effective September 1, 2014, Nigerians would be charged N65 when they make cash withdrawals from an ATM from a bank other than theirs. The Central...

FG Caught In The Middle As Brittania-U And Seplat Lock Horns Over Chevron Oil Blocks (DETAILS)

As the legal battle between Brittania-U Nigeria Limited and Seplat Petroleum Development Company Limited for the acquisition of Chevron’s Oil Mining Leases (OMLs) 52,...

$14 Billion ‘Obama’ Fund: US, Nigeria Begin Collaboration On Infrastructure Financing

Nigeria and the United States have commenced plans to leverage on US President Barack Obama’s $14bn investment pledge in Africa, for an effective financing...

UNEP Report: Ogoniland To Get Exhaustive Clean-up – Alison-Madueke

by Diezani Alison-Madueke The issue of environmental degradation in Ogoniland has been a protracted one. Their crusade for social justice appears to have merely created...

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...

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