Seme Customs confiscates N54.46m worth of contraband

The Seme Area Command of the Nigeria Customs Service (NCS) has confiscated contraband valued at N54.46…

Senate asks RMAFC to review revenue sharing formula

The Senate has asked the Revenue Mobilisation Allocation and Fiscal Commission ( RMAFC) to review the…

FG begins work on 2018 budget

The Federal Government has commenced the process towards the 2018 budget, with the Minister of Budget…

Senate passes three petroleum bills for second reading

Three bills to legislate for reforms, covering host communities, investment and administrative issues in Nigeria’s petroleum…

Italy aims to deploy ships in Libyan waters by end-August

Italy intends to deploy several ships in Libyan waters by the end of August to fight…

We can’t confirm rescue of NNPC staff, says Kachikwu

The minister of state for petroleum resources, ‎Ibe Kachikwu, says he cannot confirm if any of the…

Nigeria’s current revenue sharing formula ‘illegal’-Senate

The Senate has called for a review of Nigeria’s revenue sharing formula to give states and…

Police arrest seven persons for forcing Nigerian women into prostitution

Italian police said on Thursday that seven people who lured Nigerian women to Italy “with voodoo…

Ambush of oil workers: Corpses of 18 soldiers, 30 others arrive Maiduguri

Forty-eight corpses of persons killed by Boko Haram insurgents during an oil exploration to the Lake…

Osinbajo swears in two ministers, fails to assign them portfolios

Acting President Yemi Osinbajo has sworn-in Prof. Stephen Ocheni from Kogi State and Alhaji Suleiman Hassan from…

EFCC recovers N328.9bn from Oando, Conoil, Total, others

The Economic and Financial Crimes Commission (EFCC) says it has recovered a total of N328.9 billion…

FG approves new oil policy, to restructure NNPC

The Federal Executive Council (FEC) meeting presided over by Acting President Yemi Osinbajo has approved a…