Reps Want Urgent Measures to Curb Fall In Naira Value The House of Representatives has urged the Central Bank of Nigeria (CBN) to urgently put in place a policy to check further devaluation of the naira to the United States dollar and other international legal...

African Risk Capacity, Centre for Disaster Protection Seal Deal on Disaster Risk management Systems     The African Risk Capacity (ARC) Group and the Centre for Disaster Protection  have entered into a partnership agreement to mutually promote technical collaboration on capacity building, research, and advocacy through...

NLNG Records $110bn Revenue       The Nigerian Liquidfied Natural Gas (NLNG) yesterday said its revenue generation since 1999 has exceeded $110 billion. Its Managing Director, Mr. Tony Attah made this known at the press conference in Abuja, where he announced the firm’s Sales and Purchase Agreements (SPAs)...

Oil Hits $71 On Rising Demand Hopes In US, China       Oil prices were higher on Wednesday as negotiations over the Joint Comprehensive Plan of Action continued to falter, and as a rebound in oil demand in China, the United States and Europe threatened to outpace...

NIMASA Boss To EFCC: Probe N1.5trn Allegation Against Me         The Director-General of the Nigerian Maritime Administration and Safety Agency, Mr Bashir Jamoh, has asked the Economic and Financial Crimes Commission to investigate an allegation of N1.5tn fraud levelled against him by one Jackson Ude. Ude had...

$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...