Nigeria Exited Recession ‘Faster Than Expected’ – World Bank
A file photo of a resident at a market in Akure, Ondo State. Photo: Sodiq Adelakun The World Bank has said that Nigeria moved out of recession faster than its…
OPEC+ Approves Oil Output Increases From May
OPEC+ group is enforcing drastic cuts in production. Oil-producing countries grouped together under the OPEC+ alliance led by Saudi Arabia and Russia agreed on output increases as of next month…
FIRS To Adopt NIN Database For Tax Collection, Says Nami
A file photo of the Federal Inland Revenue Service (FIRS) office in Abuja. Photo: Twitter- @firsNigeria The Federal Inland Revenue Service (FIRS) is making arrangements to adopt the National Identification…
Congo’s Nguesso Re-elected With 88.57% Of Vote, To Continue 36-Year Reign
Denis Sassou-Nguesso and candidate for the presidential election delivers a speech during his last campaign rally, in Brazzaville, on March 19, 2021. ALEXIS HUGUET / AFP The Republic of Congo’s…
Congo Opposition Candidate Dies Of COVID-19
This file photo taken on March 17, 2016 shows then-interim president of the Congolese Movement for Democracy and Integral Development (MCDDI), Guy-Brice Parfait Kolelas, addresses his supporters in Brazzaville ahead…
We Won’t Borrow All $1.5bn To Rehabilitate Port Harcourt Refinery, FG Tells Nigerians
The Federal Government says the rehabilitation of the Port Harcourt refinery in Rivers State will not significantly add to the nation’s burden. A total of $1.5 billion has been…
Ghana Hit By Nationwide Power Outage
A file picture of the Ghanaian Flag Ghana suffered a nationwide power cut on Sunday, the west African country’s electricity provider GRIDCo said, as it attempted to restore power. The…
ABDULRASHEED BAWA Hope Rises for New impactful Efcc by Seun Oloketuyi
Following the nomination of Abdulrasheed Bawa as the new chairman for EFCC by President Muhammadu Buhari, a general outcry has trailed Bawa’s new position. Although a majority of the 3500…
AITEO vs Shell: Court Fixes March 9 For Ruling
A file photo of a court gavel. A Federal High Court sitting in Lagos has fixed March 9 to rule on whether to discharge the interim ex-parte order it granted…
Monday Update: Zamfara Schoolgirls, COVID-19 Vaccines and Dangote Refinery
Good morning. It’s a new day, a new week, and a new month. We are leading with the continued search for schoolgirls abducted in Zamfara State, the imminent arrival of…
Man Bags 10 Years Imprisonment for N8.1m Fraud In Uyo
The Uyo Zonal Office of the Economic and Financial Crimes Commission (EFCC) has secured the conviction and sentencing of one Sandy Witness Udokpo before Justice Okon Okon of the State…
FG Poised To Do Much More Through ESP – Presidency
Senior Special Assistant to Vice President Yemi Osinbajo on Media and Publicity, Mr Laolu Akande The Presidency has said that Nigeria’s prompt exit from recession is a key indicator of…
Alleged Diversion of Crude Oil: Court Gives Order Freezing Shell’s Accounts
In a bid to recover the cash value of more than 16 million barrels of crude oil allegedly diverted from AITEO Eastern E & P Company Ltd., a Federal High…
Reps, Ministry Of Finance Disagree Over N2.8bn Payment To OPEC
The House of Representatives and the Ministry of Finance on Tuesday disagreed over the procedure for the payment of the sum of N2.8billion to the Organization of Petroleum Exporting Countries…
FG To Begin Oil Exploration In Northeast, Says Petroleum Minister
File photo of the Minister of State for Petroleum Resources, Timipre Sylva The Minister of State for Petroleum Resources, Timipre Sylva, has revealed plans by the Federal Government to begin…
European Stocks Rise, While Oil Comes Off The Boil
European equities mostly climbed Thursday, boosted by US stimulus hopes, vaccine rollouts and upbeat news from Italy. Frankfurt stocks won 0.9 percent and Paris climbed 0.8 percent after investors shrugged…
‘Weaker Boko Haram, New Equipment’: Presidency Lists Security Achievements
A file photo of soldiers traveling in military trucks. The Presidency on Thursday published a checklist of its security achievements to date, ahead of the Armed Forces Remembrance Day scheduled…
2,403 Criminals Killed, 864 Kidnapped Victims Rescued Since March – Military
No fewer than two thousand criminals have been killed by troops between March and December across various parts of the country, the military has said. The Director of Defence Media…
FAAC Shares N601bn December 2020 Revenue To FG, States And LGs
The Federation Accounts Allocation Committee (FAAC) has shared a total of N601.110 billion November 2020 federation account revenue to the Federal, States and Local Government Councils and agencies. According to…
Crude Oil Remittance: Court Upholds $1.7bn Arbitral Award In Favour Of NPDC
A file photo of a court gavel. The Federal High Court in Lagos has upheld a landmark $1.7billion arbitral award in favour of the Nigerian Petroleum Development Co. (NPDC) Ltd…