House of Reps member accuses CBN of deliberately devaluing Naira
A House of Representative member, Bamidele Salam (PDP-Osun), has called on the Central Bank of Nigeria (CBN) to stop the continuous fall of the...
Probe Fraudulent conversion of Atala marginal field (OML 46) by some group of individuals...
The Management of Bayelsa Oil Company Limited has called on the Governor of Bayelsa state, Senator Douye Diri to probe the case of fraud,...
Atala oilfield: Lawyer urges Diri to probe process leading to revocation, acquisition
Yenagoa—A Yenagoa-based legal practitioner, Ebikebuna Aluzu has called on Governor Douye Diri of Bayelsa State to probe the reported revocation and subsequent acquisition of...
Coalition backs calls for Emefiele’e resignation
The Nigeria Citizens Action Group (NCAG), a coalition of 35 civil society organisations, has supported the call of concerned Nigerians that Godwin Emefiele, Governor...
Poor IGR May Cripple 8 States If FG Allocation Stops [See Full List]
In fact, only 4 States can survive without the Federal Allocations. FCT generated IGR thrice their Federal Allocation. FCT can survive without Federal Account...
Why we’ll not convert forex in domiciliary account to naira – CBN
The Central Bank of Nigeria has assured members of the public that it will not convert the foreign exchange in the domiciliary accounts of...
Debt servicing: Nigeria pays $1.79bn to World Bank, China in five years
Nigeria spent $1.79bn in five years on servicing the debts owed to World Bank and the Exim Bank of China, according to an analysis...
AGAIN, Bayelsa slide into abrupt bankruptcy Despite huge federal allocation
The Annual State Viability Index (ASVI) ranked Bayelsa, one of Nigeria’s biggest oil-producing states as an insolvent state, despite the huge federal allocation the...
Nigeria’s economy will be grounded in next nine months – Bamgbose cries out
Barrister Olusegun Bamgbose, Esq., a chieftain of the New Nigerian Peoples Party, NNPP, has cried out that Nigeria’s economy might be grounded in the...
Eurobonds debts rise by $9.37bn in 5yrs under President Buhari
Commercial loans obtained by Nigeria through Eurobonds rose from $1.50bn as of December 31, 2015 to $10.87bn as of December 31, 2020, indicating a...