N566bn Recovered by EFCC in Two Years - Olukoyede   The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, says the agency has recovered over N566 billion and contributed significantly to President Bola Tinubu’s economic reforms through enforcement, asset recovery, and...

Medical Tourism Spending Declines by 52% Under President Tinubu - CBN   Nigerians spent about $4.74m on foreign healthcare-related services from May 2023 to March 2025. This is according to the latest Quarterly Statistical Bulletin of the Central Bank of Nigeria, obtained by our correspondent on Wednesday. The...

Passengers Arrested with over $6.1m Cash at Lagos Airport   Security officials at the local wing of the Murtala Muhammed Airport in Lagos have arrested some passengers alleged to be travelling on an Aero Contractors flight with cash exceeding $6.1 million in their possession. Sources familiar with...

Bilateral Companies Owe Nigeria $8.5m for Power Supply - NERC The Nigerian Electricity Regulatory Commission (NERC) has reported that some international bilateral companies owe Nigeria’s electricity generation companies (GenCos) about $8.5 million in unpaid power supply. In its latest quarterly report, the Commission said the companies...

NDPHC Commends Tinubu Over N4trn Bond Approval for GenCos' Debt Settlement   The Managing Director of the Niger Delta Power Holding Company (NDPHC) Jennifer Adighije, has commended President Bola Tinubu for his administration’s commitment to revamping Nigeria’s power sector, following his recent approval of a N4tn...

NEITI Reveals Oil Firms, Agencies Owe FG N1.5tn in Unremitted Revenues   The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that oil companies and some government agencies owe the federation about N1.5tn in outstanding oil and gas remittances. NEITI’s Executive Secretary, Dr Orji Ogbonnaya Orji, stated...