Forty-seven years after the Nigerian Civil War ended under ‘no victor, no vanquished’ terms, the federal government has agreed to pay victims of the war N88 billion in damages A breakdown of the compensation adopted by the ECOWAS Court of Justice as consent judgment for...

The African Development Bank has canceled a loan to Nigeria that would have helped financed the country’s budget, the Vice-President for Power, Energy, Climate Change and Green Growth, AfDB, Amadou Hott, has said. He also said the bank would likely be redirecting the money to...

As part of efforts to consolidate on the successes recorded in the steady supply and distribution of petroleum products across the country, the Nigerian National Petroleum Corporation (NNPC) has mapped out strategies to boost security around its depots and pump stations to ensure they...

Ahead of the Apapa wharf major road rehabilitation to be undertaken by AG Dangote Construction Company Ltd, the drawings and design of the road has now been handed over to the Honourary Adviser to Group President/CEO Dangote Industries Limited(DIL) Engr. Joseph Makoju by the...

Abuja – The Federal Executive Council (FEC) has approved 2018 draft budget proposal, Road Trust Fund (RTF) and the construction of 14-kilometre 330KVA transmission line to evacuate power from Azura power plant in Edo State. These were the decisions taken by the council at its...

The Deputy Chairperson of the African Union Commission, Amb Thomas Quartey, has said African countries lose an average of 50 billion dollars annually through Illicit Financial Flows (IFFs). Quartey said this in Abuja at a preparatory meeting towards Nigeria’s role as the champion of the...