₦80bn Found in Sacked Refinery MD’s Accounts Amid $3bn Fraud Probe
The Economic and Financial Crimes Commission (EFCC) has uncovered ₦80 billion in bank accounts linked to one of the recently dismissed managing directors of...
Petrol landing cost now N870, higher than Dangote’s price
The landing cost of Premium Motor Spirit (petrol) has now averaged N870 per litre, reports by the Major Energies Marketers Association of Nigeria have...
$300,000 Guarantee Secures Release of Ship Detained by Dangote
The Federal High Court in Lagos has ordered the release of the oil tanker MT Stena Sunshine, which was allegedly detained without legal basis...
NNPCL to undergo forensic audit soon – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that a forensic audit of the Nigerian National Petroleum Company...
NUPRC Dismisses Allegations of Underhand Dealings in Oil Block Allocation
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has dismissed a recent online article alleging underhand dealings in the allocation of oil blocks during the...
