
The controversy over alleged missing oil remittances took another turn as All Progressives Congress (APC), claimed that it has evidence that the sum is pretty much...

Dr. Ngozi Okonjo-Iweala, minister of Finance and coordinating minister for the Economy, has urged the incoming administration of Muhammdu Buhari to take advantage of the rebasing...

The World Bank has thrown its weight behind Muhammadu Buhari, president-elect, to probe the Nigerian National Petroleum Corporation (NNPC) over allegations of missing funds and insisted...

House of Representatives yesterday asked the federal government to furnish it with the detailed report of the forensic audit of accounts and transactions of the Nigerian...

Marketers of petroleum products and their agents may have been extorting kerosene consumers an estimated N800m daily if official statistics are used as basis of demand,...

Stakeholders in the information communication technology (ICT) industry have urged the federal government to step up as a matter of urgency an agency to manage ‘right...

The Nigerian Petroleum Development Company (NPDC) and Seplat Petroleum Development Company Plc Joint Venture will invest N32bn ($200m) on the Azura-Edo power plant, Mrs. Diezani Alison-Madueke,...

A federal high court sitting in Abuja has been asked to order the Economic and Financial Commission (EFCC) to investigate the minister of petroleum, Mrs. Deziani...

Egina oil and gas project valued at about $3.8 billion has resonated following a renewed pact between the technical facilitators, LADOL and Samsung Heavy Industries. The...

President Goodluck Jonathan Friday sacked Andrew Yakubu as the group managing director (GMD), Nigerian National Petroleum Corporation (NNPC) and appointed Dr Joseph Thlama Dawha to replace...