…As Petroleum Minister directs Corporation to defray outstanding $1.48bn NPDC Signature bonus, Taxes By Yemie ADEOYE ABUJA-The forensic audit report on the alleged missing $20bn unremitted oil...
-The Excess Crude Account has been further depleted by about $650m from the $3.1bn in December to $2.45bn as of January 16, figures obtained from the...
ABUJA-The total value of mutual funds investment rose by N23.67bn or 15.7 per cent at the end of 2014. At the end of trading in 2013,...
HOUSTON TX-In its characteristic style, the International Monetary Fund (IMF) has raised eyebrows on the growing domestic debt profile of prominent East African player, Tanzania, saying...
ABUJA-THE Federal Government of Nigeria has extended the execution of the capital components of the 2014 budget by three months from the initial end date of...
ABUJA-The Securities and Exchange Commission has extended the deadline for the re-capitalisation of capital market operators by nine months to September 30, 2015. The commission made...
LAGOS-Nigeria banks advanced over $2.5 billion, about N437.5 billion, to Indigenous companies for the acquisition of the divested assets of Shell Petroleum Development Company, SPDC, and...
ABUJA-The Management of the Nigerian National Petroleum Corporation (NNPC) has raised strong objection to the allegation of fraud against the Corporation by former Head of State...
ABUJA-The banking sector recorded 3,756 fraud cases involving the sum of N21.79bn in the 2013 financial period, the Nigeria Deposit Insurance Corporation has said. The corporation,...
ABUJA-Former Head of State General Yakubu Gowon has commended the Nigerian National Petroleum Corporation (NNPC) for living up to expectation. The elder statesman...