Malabu Oil scam: EFCC moves to arrest, extradite ex-minister Etete, others

The Economic and Financial Crimes Commission (EFCC) has asked the Federal High Court in Abuja to grant it the warrant of arrest to be able to extradite a former Minister of Petroleum... Read more »

Total records 70% slump in 2019 full-year profit

Oil and gas exploration and production powerhouse, Total Nigeria Plc, has declared a 70% plunge in its Full Year 2019 after-tax profit compared to the corresponding period of 2018. This and other... Read more »

UBA, Zenith banks’ boards approve final dividend

Union Bank to sell UK subsidiary The boards of directors of two of Nigeria’s five largest banks – Zenith Bank International Plc and United Bank for Africa (UBA) Plc – have approved... Read more »

Nigeria’s oil, gas exports in 12 months stands at $5.49bn

Nigeria exported $5.49 billion worth of crude oil and gas between October 2018 and October 2019, a report by the Nigerian National Petroleum (NNPC) indicates. The report indicates that crude oil export... Read more »

Visa ban against Nigerians is ill-conceived, Lai Mohammed tells U.S

The Federal government has declared that the plan by the United States government to add Nigeria to its existing list of visa travel ban countries is ill- conceived. It added that though... Read more »

Nigeria to get $417m from Global Fund to tackle malaria

The National Coordinator, National Malaria Elimination Programme (NMEP), Dr Audu Mohammed, disclosed on Tuesday that Nigeria would get three-year grant of $417 million from the Global Fund to tackle malaria. Mohammed disclosed... Read more »

Imo Assembly Speaker, seven lawmakers dump PDP, defect to APC

Speaker of the Imo State House of Assembly, Hon. Collins Chiji, has defected to the All Progressives Congress (APC) from the Peoples Democratic Party (PDP). Seven other lawmakers equally joined the ruling... Read more »

Court formally indicts Netanyahu on corruption charges

Israeli Prime Minister, Benjamin Netanyahu, was on Tuesday formally indicted in court on corruption charges after he withdrew his request for parliamentary immunity from prosecution. Netanyahu was in Washington for meetings with... Read more »

China builds coronavirus hospital in 4 days as death toll exceeds 100

A new hospital in China to combat the coronavirus is taking shape after just four days, as the fourth case of the virus was confirmed in Europe. The building in Wuhan, where the outbreak... Read more »

Osinbajo in Abia, says ‘we must avoid issues that led to civil war’

Vice President Yemi Osinbajo, in Umuahia, Abia State capital on Monday, stressed the need to avoid situations that led to the Nigerian civil war Osinbajo spoke at a special town hall meeting... Read more »
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