FG Owes Oil Firms N2.6tn in Cash Calls The cash call arrears owed oil companies by the Federal Government have swollen to over $8.5bn (N2.6tn), a...
NNPC Pays N827bn to FAAC The Nigerian National Petroleum Corporation (NNPC) says it has paid the sum of Eight hundred and twenty Seven billion Naira to...
Inflation Hits 94-month High at 18.3% Hopes that the country’s inflation rate would moderate as a result of the various intervention programmes of the government were...
Investments in Nigeria’s Oil Sector Decline to N78b Capital importation into Nigeria’s oil and gas sector has declined from the $200 million (N90 billion) from the...
FG to Refund Each State N20bn for Federal Projects The Speaker of the House of Representatives, Hon. Yakubu Dogara, has disclosed that the federal government will...
We’ll Resist Sale of NNPC Stake Oil workers on Sunday declared that they would resist any attempt by the Federal Government to sell some of its...
Nigeria Worries as Oil Prices Tumble Fears about early resuscitation of Nigeria’s economy has heightened as oil prices tumbled at the global market on Friday by...
Recover $22bn From Multinationals, NLC tells FG The Nigeria Labour Congress has called on the Federal Government to recover $22bn, which the Nigeria Extractive Industries Transparency...
FG to Restructure Oil Sector, NNPC The Federal Government has outlined a plan to overhaul the Nigerian National Petroleum Corporation and eventually list it on the...
FG Spends N2tn Annually on Goods The Senate President, Dr. Bukola Saraki, has said that the Federal Government spends more than N2tn on the purchase of...
