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Business

How N80bn was discovered in sacked refinery MD’s accounts amid $2.96bn probe

Unknown to many, the probe of the accounts of the Nigerian National Petroleum Corporation Limited (NNPCL) started a long while ago with many management...

House Public Accounts Committee recovers additional ₦11.49 Billion from oil companies

● Total Recovery Now ₦61.5 Billion_ ●Committee to Defaulting Firms: “We Will Not Tolerate Evasion of Responsibility” The House of Representatives’ Public Accounts Committee (PAC) has...

EFCC vows to recover investors’ funds from CBEX, prosecute Ponzi scheme operators

The Economic and Financial Crimes Commission (EFCC) has vowed to ensure investors in the Ponzi scheme CBEX digital trading platform recover their money.   EFCC spokesperson,...

President Tinubu sacks Mele Kyari, NNPC Board; Ojulari takes over

After nearly two years of speculations, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Ltd., Malam Mele Kyari, has been...

House Public Accounts Committee recovers additional $14 Million from oil companies

▪︎ Recoveries now exceed ₦50 billion_ -▪︎ Speaker Abbas' commitment to effective legislative oversight credited for success_ *Abuja-FCT | Sunday, March 30, 2025* - The House...

BOI designates FIC as a Business Development Service Provider

Bank of Industry (BOI) has designated FIC Professionals Network Plc as a Business Development Service Provider (BDSP) to guide and support Small and Medium...

Two Abuja business agents get stringent bail conditions for allegedly defrauding employer N10.6m

A Federal High Court in Abuja, has slammed stringent bail conditions on two Abuja-based business agents, Nsor Nyami and Iranloye Olusegun, who were put...

Seven oil companies to remit N58b in royalties, others resist on N2.5t debt; only Shell up to date

Press Statement House of Representatives Secures Commitment of 7 Oil Companies to Settle $37.4m Owed to Federation Account Before August Consequent upon the ongoing investigation by...

Shifting the debate from resource control to resource management: A wakeup call

By Tunde Aina As Nigeria continues to grapple with economic challenges and regional agitations for resource control, it is imperative to shift the national debate...

How N550m Abuja property ‘ascribed’ to former Kogi governor’s accomplice was purchased and dumped by him

The Federal High Court, Abuja, was on Monday told that a former governor of Kogi State, Yahaya Bello did not participate in all the...

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