A Federal High Court in Lagos has ordered permanent forfeiture of N 7, 644, 700, 000.00 belonging to former Minister of Petroleum Resources, Diezani Alison-Madueke, to the Federal Government. The money which is reasonable suspected to be proceeds of illegal activities was traced by the...

Months have passed since the Niger Delta Avengers have launched an attack on Nigeria’s oil pipelines, yet leaders in the region are warning trouble is brewing in the southern swamp lands. A charm offensive led by Nigeria’s acting president Yemi Osinbajo has kept the uprising...

About N4 trillion downstream investments are being threatened, as over 198 private depots or tank farms across the country have remained idle since the Nigerian National Petroleum Corporation (NNPC) assumed the full importation of petroleum products. These depots do not include the 22 operated...

Central Bank of Nigeria, CBN, has reaffirm its determination to sustain the resurgence of the Naira via continuous provision of foreign exchange to ensure Naira gains further strength as well as been available to end users. This is as the apex bank reiterated that...

Nigerians are worried over lack of frugality and sense of imprudence demonstrated by a good number of the state governors in utilization of the Paris-Club loan refund. Analysts have described the controversy as affront and therefore, called upon President Muhammadu Buhari to issue a...

Recently, the Federal Government for the first time unveiled a rare programme aimed at consolidating the Federal Civil Service. It is the three-year Strategic Plan for the Civil Service. The then Acting President, Professor Yemi Osinbajo, who performed the unveiling ceremony at the Presidential...