By Ismail Azeez, Osogbo The Adeleke family recently held a grand thanksgiving service in honour of their late matriarch, celebrating her life and legacy with a significant donation of N1 billion to the centenary Endowment Fund of the Cherubim and…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will clamp down and withdraw the licence of erring marketers aiding peddling of petroleum products particularly Premium Motor Spirit in jerry cans. The NMDPRA made this known over the…
…Seeks review of Customs Act to affirm Ministries power to determine exchange rate By Esther Agbo The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over the unpredictable and prohibitive exchange rates used for cargo clearance in…
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, and Alhaji Aliko Dangote, President/Chairman of the Dangote Refinery, have formally endorsed the inaugural Nigerian Crude Oil Refining Summit…
Senator Ibikunle Amosun and Professor Pat Utomi have clashed over a contentious financial dispute involving Ogun State’s investments and a Chinese company’s legal actions. The conflict centres on a claimed breach of contract by the Ogun State Government that allegedly…
The abducted Anambra State Commissioner for Youth Development, Patrick Aghamba and his wife have regained their freedom. Patrick and his wife were kidnapped last week Friday along the Edo-Kogi road on their way to Abuja to attend the wedding ceremony…
…Recovers N6.2bn worth of codeine bottles at Onne port By Adeyanju Esther Paul Okwuy Mbadugha, a businessman travelling to Vietnam, was apprehended by National Drug Law Enforcement Agency (NDLEA) operatives at Azikiwe International Airport (NAIA) in Abuja after testing positive…
…Tells NASS to ‘stop paying running costs into personal accounts’ A damning allegation of financial mismanagement has been levelled against the National Assembly (NASS) as a leading anti-corruption group, the Socio-Economic Rights and Accountability Project (SERAP), demands a probe into…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has asserted that it is the largest contributor to the Federal Government’s tax revenue, amid recent criticisms and allegations of financial mismanagement. The national oil company has come under fire recently for…
The United Nations Economic Commission for Africa has said that Africa’s sovereign debt has reached a staggering $1 trillion, plunging the continent into a deep fiscal crisis. The Executive Secretary of UNECA, Claver Gatete, issued the warning at the 44th…
