A federal high court sitting in Lagos, presided over by Justice Muslim Hassan, has ordered the final forfeiture of $153 million allegedly linked to Diezani Alison-Madueke, former minister of petroleum. In…
Read More (Updated) Court orders final seizure of Diezani’s $153m
Chidi Samuel In its efforts to ensure that manufacturers of goods for which Nigeria does not enjoy comparative advantage were able to get letters of credit to import the required…
Read More CBN released $2.8bn to manufacturers, others in two months
Chidi Samuel One of the world leading rating agencies, Fitch, Wednesday rated Zenith and Guaranty Trust Bank (GTB) highest in Nigeria even as it downgraded the rating of both institutions and…
Read More Zenith, GTB ‘highest rated banks’ in Nigeria -Fitch
Ebun Francis Ayo Fayose, the Governor of Ekiti State on Wednesday stormed the headquarters of the Federal Ministry of Finance and demanded the release of the state’s N1.1bn budget support…
Read More Fayose storms finance ministry, demands payment of N1.1bn
Ebun Francis The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, disclosed on Wednesday that crude oil production in the country had risen to two million barrels per day.…
Read More Oil production hits 2million barrels daily – Kachikwu
