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Economy

Financial Recklessness: Suspended CBN Governor Sanusi Releases Public Statement In Response (READ)

by Sanusi Lamido I am compelled to make this public statement to address the various allegations levied against the Central Bank of Nigeria (CBN) and...

NSCDC Seizes Stolen Fuel Tanker In Oyo

OYO - The Nigerian Security and Civil Defence Corps (NSCDC), on Tuesday, March 11, 2014 intercepted and seized a loaded 15,000-litre petrol tanker in the state. According to Mr. Shem...

Fire Destroy 12 Transmission Towers In Delta, Worsening Power Situation

In what is bound to worsen the power situation in Delta State, the Transmission Company of Nigeria (TCN) announced yesterday, March 10, 2014 that...

Publish Findings Of NNPC Accounts In 7 Days – Femi Falana Tells Auditor General

Lagos lawyer, Mr. Femi Falana, SAN, yesterday, urged the  Auditor General of the Federation, AGF,  to publish the periodic checks of the accounts of...

The Ministry Of Information Kicks-Off An Exhibition For Made-In-Nigeria Products In Abuja

In a stride to boost the local economy through the campaign to promote locally made products, the Ministry of Information opened the exhibition for...

Desperate Times: Women Join Men To Ride On Roof Of Train As Fuel Scarcity Lingers

NAN - The Nigerian Railway Corporation’s (NRC) Taskforce for arresting passengers who sit on the roof of train coaches were on Wednesday, March 5, 2014 stunned...

US Government Freezes $458 Million Sani Abacha’s Loot

In what has been described as “the largest kleptocracy forfeiture action ever in the United States, The U.S.Department of Justice has frozen more than $458 million...

Auditor General Commences Scrutiny Of NNPC Accounts

In view of the lack of clarity on the non-remittance of oil revenue by the Nigeria National Petroleum Corporation (NNPC) to the Federation Account,...

You Hid $22.8 Billion In Your Audit, NEITI Tells NNPC

The Executive Secretary of the Nigerian Extractive Industries Transparency Initiative, NEITI, Mrs. Zainab Ahmed yesterday faulted claims by the Group Managing Director of Nigerian...

#GoodNews: Nigerian Economy Among Fastest Growing In Africa

In a cheering twist, Nigeria has been identified as one of the countries with the fastest growing economies in Africa  in terms of wealth per...

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