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Gazprombank

Venezuela shifts oil revenue to Russia’s Gazprombank

Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia’s Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday.
Ibrahim Magu . EFCC

Ibrahim Magu: Why we can’t produce Diezani Alison-Madueke in 72hrs

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu, has said that the commission needs less than 72 hours given by the court, in producing a former Minister of Petroleum Resources, Diezani Alison-Madueke, to face her corruption charges, stating that the only problem the commission has is that she is being held “in another man’s country”.

Senate set to probe 100% foreign ownership of some multinational companies

The Committee on Local Content has concluded plans to investigate 100 per cent foreign ownership of some multinational companies registered in Nigeria.

Senate to probe ownership of some multinational companies

The Committee on Local Content has concluded plans to investigate 100 per cent foreign ownership of some multinational companies registered in Nigeria.

Jagal Group appoints Austin Tam-George as corporate affairs director

Jagal, a leading Nigerian conglomerate that operates energy businesses and manages a diverse portfolio of investments, has appointed Dr. Austin Tam-George as its new Group Corporate Affairs Director.

ExxonMobil profits jump on tax gain

ExxonMobil reported a nearly five-fold increase in quarterly earnings Friday due to the impact of the US tax reform, but the company’s share price fell sharply due to disappointing operational results.

Governance in Nigeria a criminalised enterprise – Bishop Kukah

The Catholic Bishop of Sokoto, Mathew Hassan Kukah, has described governance in Nigeria as a criminalised enterprise, insisting that the country must be restructured to serve the interest of the citizenry.

Firms admitted fraud in N30trn customs probe – Senate

Uzodinma also said some of the 63 companies accused of complicity in the fraud amounting to N30tn in the export and import value chain of Nigeria had admitted their involvement.

N30trn revenue scam probe not a sham – Senate

The Senate says that the ongoing probe into alleged N30 trillion revenue leakage in the country’s import and export value chain is not a charade as perceived by some Nigerians.

Recent Stories

Spanish victims of sex abuse by priests speak out

A trickle of accusations of sexual abuse against priests in schools and seminaries is starting to erode the wall of silence in Catholic Spain, whose Church representatives are set to attend a major Vatican meeting on child protection.
Mi-8 Helicopter

Two killed in helicopter crash in western Norway

Two People have been found dead after a helicopter crashed into a mountainside in Western Norway, Emergency Services and Police said on Monday.
South African 800 meters Olympic champion Caster Semenya arrives for a landmark hearing at the Court of Arbitration (CAS) in Lausanne on February 18, 2019. – Semenya will challenge a proposed rule by the International Athletics Federation (IAAF) aiming to restrict testosterone levels in female runners. (Photo by Harold CUNNINGHAM / AFP)

Caster Semenya takes gender rule challenge to sports court

Olympic 800 metres champion Caster Semenya of South Africa went to the Court of Arbitration for Sport on Monday to challenge proposed rules that could force her to lower her testosterone levels.
Members of the National Youth Service Corps (NYSC)

Election postponement: NYSC debunks corps members’ protest story

The National Youth Service Corps (NYSC) in Yobe State has denied reports trending on social media that Corp members staged a protest on the Election Day in Jakusko Town of Yobe State over non-payment of their allowances.
In this handout photograph taken on February 17, 2019 and released by Pakistan’s Press Information Department (PID), Pakistan’s Prime Minister Imran Khan (R) and Saudi Arabian Crown Prince Mohammed bin Salman (L) smile as they look at their delegation members during a signing of a memorandum of understanding (MOU) at the Prime Minister House in Islamabad. – Pakistan was set to confer its highest civilian honour on the Saudi Crown Prince on February 18, a day after he signed investment deals worth $20 billion in the cash-strapped country — his first stop on a high-profile Asian tour. (Photo by HANDOUT / PID / AFP) /

Saudi vows to ‘de-escalate’ India-Pakistan tensions after Kashmir attack

Saudi Arabia vowed to “de-escalate” rising tensions between Pakistan and India during a high-profile summit in Islamabad Monday as Crown Prince Mohammed bin Salman prepares to travel from Islamabad to New Delhi.