Denmark Largest Bank Danske Defrauds US Banks, Forfeits $2bn
According to court documents, Danske Bank defrauded U.S. banks regarding Danske Bank Estonia’s customers and anti-money laundering controls to facilitate access to the U.S. financial system for Danske Bank Estonia’s high-risk...
FG To Earn $3bn From Hibiscus Export To Mexico Yearly
The Comptroller General, Nigeria Agricultural Quarantine Service (NAQS), Dr. Vincent Isegbe, has said the country is expected to earn about $3 billion annually from hibiscus exports to Mexico.
Both NAQS and...
Fuel Scarcity: Stop Issuing Empty Threats, Go After Cabal - PETROAN Tackles DSS
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has faulted the 48-hour ultimatum issued by the Department of State Services (DSS) that oil marketers make...
Lagos Govt Okays N707m Pension Bailout For Parastatals
The Commissioner for Establishments, Training And Pensions, Mrs Ajibola Ponnle, has said Lagos State government approved a bailout of N707.62m for some parastatals to pay the pensions of their retirees.
She disclosed the...
Oil Production Now 1.18mbpd, Highest In Seven Months
Nigeria’s crude oil production rose to 1.185 million barrels per day in November 2022, representing the highest output by the country in the past seven months.
Latest oil production figures obtained from the...
Petrol Now N310 Per Litre In Kano Amid Scarcity
The pump price of petrol is now N310 per litre in Kano State amid prolonged scarcity of which has led to suffering among the people.
This was coming few days after the...