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JUST IN: FG Appoints Anamekwe Nwabuoku as New Overseer for Accountant General’s Office

JUST IN: FG Appoints Anamekwe Nwabuoku as New Overseer for Accountant General's Office The Federal Government has appointed Anamekwe Nwabuoku to oversee the office of the accountant-general of the federation (OAGF). The appointment was announced in a statement issued on Sunday by Yunusa Abdullahi, spokesperson to...

NCoS Admits Receiving N1bn In Error From Unknown Contractor

NCoS Admits Receiving N1bn In Error From Unknown Contractor     Reps panel gives service two weeks for fresh evidence The House of Representatives Committee on Finance, heard of how a contractor, whose name was not disclosed, erroneously transferred N1 billion to the account of the Nigerian Correctional...

$700m Looted Funds Returned In 4 yrs; Nigeria Receives £4.2m Recovered From UK — Malami

$700m Looted Funds Returned In 4 yrs; Nigeria Receives £4.2m Recovered From UK — Malami       The Federal Government recovered $700 million looted funds in the last four years, even as it just received the £4.2 million taken from Delta State’s treasury by an ex-governor of...

NNPC Sells N267bn Crude Oil, Maintains 1.42m bpd Output

NNPC Sells N267bn Crude Oil, Maintains 1.42m bpd Output       The Nigerian National Petroleum Corporation (NNPC) sold crude oil worth N267.59 billion in February, while its total daily production stood at 1.42 million barrels per day in the first quarter of 2021, a document presented to...

Rising Oil Price Puts More Pressure on NNPC’s Finances

Rising Oil Price Puts More Pressure on NNPC’s Finances       Crude oil extended its gains at the weekend after closing at a six-week high with signs of strengthening demand in key markets, thereby piling more pressure on the ability of the Nigerian National Petroleum Corporation (NNPC)...

Revenue Projection Letter to AGF Not Reflection of Financial Standing- NNPC

Revenue Projection Letter to AGF Not Reflection of Financial Standing- NNPC …Pledges to Optimize Cost, Boost Remittance to FAAC The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the...