Shola Shittu

EFCC arraigns ex- NSITF MD, Others over N18bn fraud

The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned former Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Umar Munir Abubakar and four other top officials of the fund before an Abuja High Court in Apo...

N-Power: Volunteers’ Physical Vrification set for Dec 4

The 300,000 candidates pre-selected under the Federal Government’s N-Power Scheme will undergo its physical verification phase from Dec. 4 to Dec. 14 in the 774 local government areas of the country. The Senior Special Assistant to the President on Job...

OPEC Endorses Nigeria’s Position on Oil Production Cut.

The meeting of the Joint Ministerial Monitoring Committee of OPEC and Non OPEC Countries ended in Vienna on Friday  endorsing Nigeria's position that the exemption granted it at the November 2016 Ministerial Conference and extended by the May Ministerial...

Oil prices rise toward $56 as demand outlook brightens

Oil prices were lower on Friday but on course for weekly gains, the third in a row in the case of Brent as the clean-up after hurricane in the United States gathers pace and the outlook for demand rise. U.S....

August revenue collection increased by 38.1% – PTML Customs

The Port Terminal and Multi-purpose limited, PTML command of the Nigeria Customs Service, NCS, generated N10.16 billion for the month of August 2017 as against N6.284billion in the corresponding period of 2016, representing an increase of 38.14 percent. The collection,...

Global LNG glut may hit Nigeria

The global glut plaguing liquefied natural gas(LNG) markets may start to dwindle in five years, threatening to spur a deficit equivalent to twice the output of leading producer Qatar. The development may have spiral effect on Nigeria, according to analysts. New...
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