Alleged N6.9bn Fraud: Court Reschedules Emefiele's Arraignment The arraignment of suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the Federal Capital Territory (FCT) High Court in Abuja over N6.9 billion alleged procurement fraud has been stalled due to the absence of the second...

Court Strikes Out 'Illegal Possession of Firearm' Charge Against Emefiele The Federal High Court sitting in Lagos on Thursday struck out the illegal possession of firearms charge filed by the Federal Government against the suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele. Justice Nicholas Oweibo...

NEPC Projects $5bn Non-oil Export Revenue The Chief Executive Officer of the Nigerian Export Promotion Council, Ezra Yakusak, has said that the council is targeting over $5bn revenue from non-oil export. He disclosed that this had prompted NEPC to step up its training and sensitisation efforts...

FG Rakes in $742bn Oil Revenue in 21 years - NEITI The Nigeria Extractive Industries Transparency Initiative says Nigeria earned $741.5bn and N635.3bn from the oil/gas and solid minerals sectors respectively, between 1999 and 2020, a period of about 21 years. NEITI’s Executive Secretary, Ogbonnaya Orji,...

Inflation Bedevils Real Estate as Cost of Housing Skyrockets - REDAN The Chairman of Real Estate Developers Association of Nigeria, Lagos Chapter, Bamidele Onalaja, said the real estate sector is currently facing soaring inflation, creating a worrying trend and grave impact on the sector. The Real...

Saudi's Islamic Conference Concludes with Emphasis on Moderation, Tolerance By Zekeri Idakwo The Kingdom of Saudi Arabia has concluded its much anticipated two-day conference on religious tolerance. The international conference was themed, “Communication with the Departments of Religious Affairs, Ifta and Sheikhdoms in the World.” The two-day conference...