Ships & Ports

Jide-Omokore

Oil firms linked to Diezani ally Omokore breached $1.6 billion contractual agreement-NPDC MD

The managing director, Nigerian Petroleum Development Company Limited (NPDC), Yusufu Matashi, on Thursday told Justice Nnamdi Dimgba of the Federal High Court in Abuja...

NDDC

NDDC reacts to corruption allegation, defends car purchases

The Niger Delta Development Commission (NDDC), on Thursday absolved its current management of corruption and reckless spending of funds levelled against the commission...

Andrew-Yakubu

Ex-NNPC boss, Andrew Yakubu drags EFCC to court

Former Group Managing Director of the National Nigerian Petroleum Corporation (NNPC), Andrew Yakubu has dragged the Economic and Financial Crimes Commission (EFCC) over...

Osinbajo expects economy to pick up after sluggish Q2

Osinbajo directs oil companies to relocate headquarters to Niger-Delta

Acting President, Prof. Yemi Osinbajo has directed the International Oil Companies operating in the Niger-Delta region to relocate their headquarters to their States of...

arik air

Job losses loom at Arik Air

Following the takeover of Arik Air by the Asset Management Corporation of Nigeria (AMCON) and a reduction in its flight operations due to fleet reduction, some workers...

efcc_logo

Malabu $1.1 billion Scandal: EFCC files fresh corruption charges against Shell, Eni, Adoke, Etete, others

Nigeria’s anti-graft agency (EFCC), has filed fresh corruption charges against two multinational oil firms, Shell and Eni, for their roles in the Malabu $1.1 billion...

Customs collects N140.4bn revenue in August

Custom issues ultimatum for impounded vehicles

The Comptroller-General of Customs (CGC) , Col. Hameed Ali (Rtd) has issued a grace period of one month for owners of all vehicles within the Country whose customs duty...

faan

Aviation unions kick against appointment in FAAN

The unions in the aviation sector on Thursday kicked against the Federal Government’s appointment of “an outsider” as the General Manager (Finance) of the Federal...

naira

Expert wants CBN to reduce interest rate to further strengthen naira

A financial analyst,  Emmanuel Eze, on Thursday advised the Central Bank of Nigeria (CBN) to reduce the current interest rate to further strengthen the naira. Eze,...

CBN

CBN to clear backlog of dollar demand for importers

The Central Bank of Nigeria (CBN) said on Thursday it will sell dollars via a book-building process to clear a backlog of dollar demand for companies importing...

‘Nobody died on Turkish Airlines’

Turkish Airlines has refuted a report that a Nigerian, Oguadinna Somtochukwu, from Nnewi Anambra, resident of Kuala Lumpur, Malaysia, died inside a plane he boarded from...

nigeria-customs-service

Customs command collects over N266m in 2 months – Comptroller

The Nigeria Customs Service (NCS), Niger, Kogi and Kwara Area Command said on Thursday it collected about N266.3 million in January and February as revenue. The Area...