The Delta State government has acknowledged accessing N44.7 billion out of the N240 billion, which accrued…
Category: Business/Economy
Senate invites Minister of Finance over N206bn ‘smuggled’ into budget of humanitarian affairs ministry
The Senate Committee on Special Duties on Monday summoned the Minister of Finance, Budget and National…
Experts fear Buhari may leave behind N71.5tr debt, liabilities for next govt after May 29
Six months to the end of President Muhammadu Buhari’s administration, the Federal government’s total debts and…
13% oil derivation: Keyamo accuses South-south govs of mismanaging N450bn backlog paid by Buhari
Spokesperson of the All Progressives Congress (APC) Presidential Campaign Council, Festus Keyamo, has accused South-south governors…
Wike tasks N’Delta govs to account for 13% oil derivation backlog paid by Buhari
Rivers State governor, Nyesom Wike, has challenged his counterparts in the Niger Delta region to account…
Nigeria drops in OPEC ranking, now 7th highest oil producer
The Organization of the Petroleum Exporting Countries (OPEC) has ranked Nigeria 7th in crude oil production…
133m poor Nigerians: SERAP asks Buhari to probe spending of social intervention cash
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “promptly set up…
Oil theft forced us into borrowing, FG claims
The Federal government has blamed its penchant for borrowings on oil theft. This might not be…
Nigeria’s oil output to gain 225,000 bpd as Shell completes TAM of its Bonga facility
There are prospects that Nigeria’s oil output will rise by 225,000 barrels per day (bpd) as…
IMF urges CBN to allow lenders determine Naira exchange rate
The International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to limit its…