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A former Vice President, Atiku Abubakar, has described the present federal government of President Muhamadu Buhari as the most corrupt since the return of democracy to Nigeria in 1999.
French President Emmanuel Macron met with his Nigerian counterpart Muhammadu Buhari on Tuesday in Abuja before taking off his jacket and tie in Lagos to celebrate African culture.
The Nigerian National Petroleum Corporation (NNPC), says the NNPC, First E&P and Schlumberger $724 million oil financing deal will enable Nigeria earn $5.60 billion in taxes and royalty.
Two members of the Executive and Legislative arms of government clashed yesterday over the 2018 budget, with the Director of Budget, Mr. Ben Akabueze, accusing the National Assembly of feeding Nigerians with stories in bid to justify the unilateral distortion of the budget by the legislature.
Nigeria Extractive Industries Transparency Initiative (NEITI) has alerted the nation on the urgent need to review the Deep Offshore and Inland Basin Production Sharing Agreement between Nigeria and oil companies.
OPEC members have agreed on a combined increase in crude oil output of one million barrels per day, the oil minister of the cartel's kingpin Saudi Arabia said Friday.
The Special Presidential Investigation Panel (SPIP) for the Recovery of Public Property has recovered seven dollars million (N2.1 billion at official rate) illegally kept in Heritage Bank.
President Muhammadu Buhari says he stopped his Special Adviser on Media and Publicity Femi Adesina from replying former President Olusegun Obasanjo’s letter against his administration because of Adesina’s age.
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says the nation lost about $21 billion in revenue in the last 20 years to non-review of Production Sharing Contracts (PSCs).
Bayelsa State Governor, Seriake Dickson, on Wednesday said the government would set up a task force to check the activities of illegal crude oil refineries to protect the environment in Bayelsa state.
Governor Seriake Dickson of Bayelsa State has urged oil companies operating in the state and the Niger Delta to take measures to protect the environment, particularly in the areas of crude oil pollution and gas flaring.
A Federal High Court in Lagos, on Tuesday, adjourned until Oct. 9, the alleged crude oil shipment brought by the Federal Government against Shell Western Supply & Trading Ltd.
Nigerian oil firm, AITEO, has denied being behind the June 1 protest by hundreds of Niger Delta youth who accused the Commander of Operation Delta Safe, Rear Admiral Apochi Suleiman, and his troops of engaging in illegal oil bunkering.
Nigerians expecting to have approved 2018 appropriation law before the expiration of 2017 budget next Thursday may have to wait a little longer as President Muhammadu Buhari is at the moment reviewing the Appropriation Bill recently passed by the National Assembly.
The Nigerian Navy Ship (NNS) DELTA on Wednesday handed over a vessel with more than 386,000 litres of stolen crude and nine suspects to the Economic and Financial Crimes Commission.
Oil prices steadied on Wednesday after slipping prices as Saudi Arabia and Russia say they will pump more crude oil in response to falling global crude inventories and rising consumer prices.
Strong indications emerged at the weekend that Nigerians may pay more for fuel and other goods imported into the country after shipping companies including Maersk and Mediterranean Shipping Company, announced a rate hike in prices of bunker fuel which is a fallout of higher oil prices.
The principals have chosen to speak as there were concerns that Volpi’s press release implied that they, Whitmore Limited, had a total indebtedness of $680 million.
National Leader of the All Progressives Congress, (APC) Sen. Bola Tinubu, on Sunday said the election of Dr Kayode Fayemi in Saturday’s gubernatorial poll was a victory for the people.
Femi Kuti has spent his life railing in song against the ills holding back Africa. But these days he is feeling some optimism.
Oyo State Governor, Senator Abiola Ajimobi, has described the victory of Dr. Kayode Fayemi in the just-concluded gubernatorial election in Ekiti State as a demonstration of the people’s trust in the All Progressives Congress (APC) as a party that has the capacity to liberate the state from mis-governance and gross under-development.
The Edo State Chapter of the All Progressives Congress (APC), held a victory rally to celebrate the success of the party’s candidate in Saturday’s governorship election in Ekiti State, Dr. John Kayode Fayemi, who has been announced winner of the polls.
A witness at the Internally Displaced Persons (IDPs) camp at Geo-science, Angulu-D, Zawan, where Governor Simon Bako Lalong was attacked on Saturday afternoon, Mr Francis Pwajok, has revealed how the IDPs initially murmured at the governor’s behaviour before pelting his convoy with stones.
Two members of the National Youth Service Corps (NYSC), Aminat Dauda from Ogun and Gbenga Osuntan from Ondo State have received the Sultan’s awards for Excellent Service in Sokoto rural communities.
The Senate on Wednesday rejected a motion demanding for details of 30,000 Policemen deployed to monitor the July 14, 2018 governorship election in Ekiti State.
The Peoples Democratic Party (PDP) has cautioned the Independent National Electoral Commission (INEC) not to accept or announce any result that does not reflect the true votes cast at polling centers, as such would be a direct call for crisis.
Chukwulaka quoted EU Commissioner for Humanitarian Aid and Crisis Management, Christos Stylianides, as saying that Sahel region experiences its worst food and nutrition crisis in five years and continued insecurity.