Shell and other oil giants leave Nigeria, as Nigerian billionaires purchase assets
Recent months have seen major changes in oil asset ownership in Nigeria, especially in the upstream sector. In Nigeria's oil industry, Shell, Exxon Mobil, Chevron, Agip, Texaco and...
Diezani Loot of N450m To Be Paid to Ex-Minister As Fine After Conviction
On Tuesday, February 22, 2022, the Economic and Financial Crimes Commission, EFCC, Gombe Zonal Command, secured the conviction of former Minister of Water Resources in the administration...
'Nothing works' for a Loan-Dependent Nigeria - Gani AdamsÂ
Iba Gani Adams, Aare Onakakanfo of Yorubaland, has called on President Muhammadu Buhari to devise creative ways to revive the nation's economy.
In an address delivered on Tuesday at the Grandmothers' Festival...
IMF advice criticized by Nigerian Labor
A recent IMF advice to the Federal Government was criticized by the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC).
In an issue paper titled 'Nigeria: Selected Issues Paper Report', the IMF urged...
IMF To Nigeria: End fuel subsidies, Ignore Protests
With controversy swirling around Nigeria's fuel subsidies, the International Monetary Fund (IMF) asserts that removing fuel subsidies will be the only solution to the country's economic recovery.
The Executive Directors of the World...
Airlines and NASS Dispute Increases Domestic Flight Prices By 100%
Checking airlines' websites and Sun newspaper reports shows that Nigerian airline fares have increased by as much as 100%. Port Harcourt, Ilorin, Kebbi, Borno, Adamawa, Kano, and other northern...