Shola Shittu

Osinbajo panel: NSA, NIA clash over seized N13bn cash

There was confusion on Saturday over the seized N13bn cash found in an apartment in Ikoyi, Lagos, which was discovered by the Economic and Financial Crimes Commission. The seizure is the subject of an ongoing investigation being conducted by Vice-President...

NNPC reduces petrol importation by 45%

The Nigerian National Petroleum Corporation has reduced its importation of Premium Motor Spirit, popularly known as petrol, from about 95 per cent to 50 per cent, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said. According to...

2017 Budget ready for President’s signature next week -Lawan

The Senate Leader, Ahmed Lawan, on Thursday expressed the hope that the 2017 Appropriation Bill will be ready for the signature of President Muhammadu Buhari by next week despite the hitches being experienced on the passage of the document...

Anti-graft war: Whistle-blowers to get N2.1bn

All things being equal, whistle-blowers are poised to get N2.1bn reward for their whistle-blowing efforts that have led to major discoveries since December 20, 2016 when the policy was inaugurated by the Federal Government. It was, however, learnt that payment...

Investors urge government to list privatised, multinational firms

Capital market investors have called on government to expedite actions, aimed at providing medium to long-term development clauses that will enable privatised companies and other multinationals in the telecoms, and oil and gas sectors to list on the Nigerian...

American firm opens discussion on Nigeria-Sao Tome oil blocks

ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, is in discussions with the Nigeria-Sao Tome & Principe Joint Development Authority (JDA), regarding the terms of a new Production Sharing Contract for...
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