We’re on the verge of approving ExxonMobil-Seplat deal, says FG
The federal government says it is on the verge of approving the acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets by Seplat Energy. Seplat announced an agreement to acquire…
FG now spends N600bn monthly on petrol subsidy, Rainoil CEO claims
Gabriel Ogbechie, chief executive officer (CEO) of Rainoil Limited, claims the federal government (FG) now spends N600 billion on petrol subsidy monthly. Ogbechie spoke on Tuesday during the Stanbic…
NLNG expands hospital support programme
Nigeria LNG (NLNG) on Wednesday signed Memoranda of Understanding (MOU) with three hospitals to complete the second phase of its multi-billion-naira hospital support programme (NLNG HSP). The HSP is…
NCDMB receives $1m return on investment from NEDOGAS
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday received a cheque of $1 million from Nedogas Development Company Limited (NDCL), being part of the return on investment…
Tinubu vows to punish persons threatening Nigeria’s unity
President Bola Tinubu, on Wednesday, promised harsh consequences for persons who pit themselves against Nigeria’s sovereignty and security. He also said his administration had made considerable gains against banditry…
Wike, Atiku attend first PDP caucus meeting after presidential poll
Atiku Abubakar, former vice-president, and Nyesom Wike, minister of the federal capital territory (FCT), on Wednesday attended the national caucus meeting of the Peoples Democratic Party (PDP). The meeting…
We’ll no longer allow obstruction of our operations, says EFCC
The Economic and Financial Crimes Commission (EFCC) has warned members of the public that it is a criminal offence to obstruct its officers from carrying out their lawful duties.…
Foreign reserves decline not linked with defending naira – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso says the recovery of the naira has little or nothing to do with the country’s foreign reserves decline. Cardoso…
EFCC operatives end siege at Yahaya Bello’s residence
Operatives of the Economic and Financial Crimes Commission (EFCC) have left the Abuja residence of Yahaya Bello, former governor of Kogi state. The EFCC operatives had earlier restricted movement…
Court stops EFCC from arresting former Kogi gov, Yahaya Bello
A Lokoja High Court on Wednesday afternoon gave an order restraining the Economic and Fianacial Crimes Commission from arresting, detaining and prosecuting former governor Yahaya Bello of Kogi…
