The lingering management/staff crisis that has threatened the peace of National Foods, Drugs Administration and Control (NAFDAC) took another dimension on Wednesday as members of the institution’s union declared a two-week warning strike over what they called management’s deaf...

The Federal Executive Council has approved the release of a N30 billion intervention fund for mining sector development. The Minister of Mines and Steel, Kayode Fayemi, disclosed that the sum was a fulfillment of President Buhari’s campaign promises when he...

United States crude oil stocks fell last week as refineries continued to run down inventories during a seasonally slower period, while distillate inventories fell and imports dropped, the U.S. Energy Information Administration said. Crude inventories fell 5.2 million barrels in...

The South-East zonal head, Economic and Financial Crimes Commission (EFCC), Mr. Johnson Babalola, has revealed that the commission had so far recovered N244,574,587.20. He also said that the commission recovered of USD $955,465, 10,000 and ¥3588 (China Yuan) were...

The Economic and Financial Crimes Commission (EFCC) has urged a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of the loot recovered to fund their operations. The acting Chairman of the commission, Ibrahim Magu,...

The decision by a number of commercial banks to stopped their naira cards from dispensing dollars via ATMs to customers in foreign countries as well as the use of naira debit or credit cards for online transactions priced in...