37 h. ago How funds recovered from corrupt officials are being spent — EFCC

Tribune Online How funds recovered from corrupt officials are being spent — EFCC The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, on Tuesday expressed grave concern over the persistent opacity in Nigeria’s financial reporting system, particularly within the oil and gas sector. How funds recovered from corrupt officials are being spent — EFCC Tribune Online

Politics

46 h. ago Indian police nab three Nigerians, recover $27k worth of illicit drugs

The police in India have arrested three Nigerians over alleged involvement in peddling MDMA crystals and recovered illicit products and cash worth over $27,000. The Hindu reported Monday that the suspects were arrested with the illicit products concealed in readymade garment packs by police in Rajanukunte, a suburb in Bengaluru, Southern India. The suspects were […] The post Indian police nab three Nigerians, recover $27k worth of illicit drugs appeared first on The Sun Nigeria.

Politics

50 h. ago Audit reports: N300bn unaccounted fund yet to be recovered –Abbas

From Ndubuisi Orji, Abuja Speaker of the House of Representatives, Tajudeen Abbas, has said over ₦300 billion public funds discovered to have been unaccounted for in audit reports are yet to be recovered by the Federal Government. Abbas stated this at the opening of the National Conference on Public Accounts and Fiscal Governance, jointly organized […] The post Audit reports: N300bn unaccounted fund yet to be recovered –Abbas appeared first on The Sun Nigeria.

Politics

59 h. ago Audit reports: N300bn unaccounted fund yet to be recovered – Abbas 

From Ndubuisi Orji, Abuja The speaker of the House of Representatives, Tajudeen Abbas, has said that over ₦300 billion  public funds discovered  to unaccounted for in  audit reports are yet to be recovered by the Federal Government. Abbas stated this, while speaking at the opening of the National Conference on Public Accounts and Fiscal Governance, […] The post Audit reports: N300bn unaccounted fund yet to be recovered – Abbas  appeared first on The Sun Nigeria.

Politics

7 d. ago Nigeria’s growth rate to hit 4.2% amid improved oil output, business conditions –Report

By Chinwendu Obienyi Nigeria’s economy is expected to grow by as much as 4.2 per cent by the end of the year, buoyed by improved crude oil production, stronger business sentiment, and a gradual recovery from the economic shocks triggered by recent reforms, the latest report from Stanbic IBTC Bank revealed on Wednesday. The estimate […] The post Nigeria’s growth rate to hit 4.2% amid improved oil output, business conditions –Report appeared first on The Sun Nigeria.

Politics

9 d. ago NNPC reports 14% profit surge as oil production continues recovery

The Nigerian National Petroleum Company Limited (NNPC) has recorded a significant jump in profitability, with after-tax profits rising 14 per read more NNPC reports 14% profit surge as oil production continues recovery

Politics

9 d. ago Ogun Police Nab Suspected Cultist During Meeting, Recover Firearm

Ogun State Police Command have arrested a suspected member of the Eiye Confraternity, identified as Ismail Afolabi, at Saje area, Car Wash Abeokuta. Afolabi was arrested following credible intelligence received by security agents that members of the cult group were holding a secret meeting with the intention to carry out criminal activities. INFORMATION NIGERIA reports […] The post Ogun Police Nab Suspected Cultist During Meeting, Recover Firearm appeared first on Information Nigeria.

Events

1 week ago Debt service payments by developing countries hit $921bn in 2024 – UN report

Debt service payments by developing countries soared by 74 billion dollars in 2024 from 847 billion dollars to 921 billion read more Debt service payments by developing countries hit $921bn in 2024 – UN report

Economics

1 week ago Fueling Africa’s Energy Future: NOG Energy Week 2025 To Unite Industry Leaders To Drive Innovation, Investment, and Growth

As international oil companies (IOCs) increasingly shift their operations to deep offshore locations, Nigeria’s oil and gas landscape is witnessing read more Fueling Africa’s Energy Future: NOG Energy Week 2025 To Unite Industry Leaders To Drive Innovation, Investment, and Growth

Politics

2 w. ago Disruptions Loom In Oil, Gas Sector Over Helicopter Landing Fee

Disruption looms in the nation’s oil and gas sector as the Nigerian Airspace Management Agency (NAMA) is set to deny flight clearances and possibly shut down non-compliant oil and gas companies operating in the country over non-payment of the $300 helicopter landing levies. NAMA, in a notice on Wednesday, stated that it had been engaging […]

Politics

2 w. ago Shell in talks to acquire British Petroleum in biggest oil deal ever

Royal Dutch Shell Plc is in early-stage talks to acquire its London-based rival, British Petroleum, according to reports by Wall read more Shell in talks to acquire British Petroleum in biggest oil deal ever

Politics

2 w. ago Reps recover billions in debt from oil firms but public applause runs dry

The House of Representatives’ Public Accounts Committee (PAC) was clearly proud of its feat when it announced a total recovery read more Reps recover billions in debt from oil firms but public applause runs dry

Economics

3 w. ago Reps recover N86.5bn as oil companies’ debt hit N9.4trn as at Q4 2024

Tribune Online Reps recover N86.5bn as oil companies’ debt hit N9.4trn as at Q4 2024 "List of Non-Compliant Oil Companies and Alleged Liabilities amounting to $456,952,216.51 (₦731,123,546,416 Reps recover N86.5bn as oil companies’ debt hit N9.4trn as at Q4 2024 Tribune Online

Politics

3 w. ago Speaker Abass lauds Rep Salam over recovery of over N61.5bn from erring oil companies

Tribune Online Speaker Abass lauds Rep Salam over recovery of over N61.5bn from erring oil companies The Speaker, who expressed delight over the feat achieved by the Rep. Salam-led Committee, acknowledged the tireless efforts made towards promoting transparency, accountability, and fiscal responsibility in public financial management. Speaker Abass lauds Rep Salam over recovery of over N61.5bn from erring oil companies Tribune Online

Politics

4 w. ago Weapons, Hard Drugs Recovered As Police Arrest 27 Criminal Suspects In Kaduna

The Kaduna Police Command has arrested 27 suspected criminals following a raid on hideouts in the Kawo region of the state. Reports indicate that the operation led to the recovery of dangerous weapons such as knives, axes, cutlasses, as well as hard drugs. Mansir Hassan, the command’s spokesperson, confirmed the arrests in a statement made […] The post Weapons, Hard Drugs Recovered As Police Arrest 27 Criminal Suspects In Kaduna appeared first on Information Nigeria.

Events