FG earned N557.9bn in revenue in February

The Federal Government earned N557.9 billion ($1.77 billion) in gross revenues in February, up from N538.9…

Clearing agent docked for absconding with client’s car

A clearing agent, Oluwole Afolabi, was on Wednesday docked before an Ikeja Magistrates’ Court for allegedly…

EFCC recovers N2.4 billion, $115 million from ex-Air Force Chief

An Economic and Financial Crimes Commission (EFCC), prosecution witness Tosin Owobo, has said that N2.4 billion,…

RIFAN seeks clear policy direction on rice importation ban

The Rice Farmers Association of Nigeria (RIFAN), Oyo State chapter, on Wednesday urged the Federal Government…

FAAC ends rift, disburses N647bn

The Federation Accounts Allocation Committee (FAAC) on Wednesday distributed N647.39bn to the three tiers of government.…

OPEC seeks long-term supply cuts with other oil exporters

  The Secretary General, Organization of Petroleum Exporting Countries (OPEC), Mohammad Barkindo, has said that the…

PHOTOS: Buhari presides over FEC meeting

Oil sector investment up but not fully recovered- OPEC

Investment in the oil industry is increasing as oil prices recover but has not yet reached…

Shell files criminal complaint against ex-employee over Nigerian oilfield sale

Oil major, Royal Dutch Shell has filed a criminal complaint with Dutch authorities against a former…

FAAC meeting ends in deadlock over ‘shortage’ in NNPC revenue

By Omotilewa Quadri  The Federation Accounts Allocation Committee (FAAC) meeting ended in deadlock in Abuja on Tuesday.…

Bangladesh seeks increased trade ties with Nigeria

The People’s Republic of Bangladesh, on Tuesday, indicated her resolve to partner with Nigeria to boost trade…

Customs intercepts N11.1m smuggled rice in Kebbi

The Nigeria Customs Service (NCS) on Tuesday said it has arrested four suspects in Sokoto who allegedly smuggled…