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NLNG Dividends: Senate Uncovers NNPC’s Fresh $1bn Illegal Withdrawals

The Senate Committee on Gas Resources, yesterday, uncovered fresh multiple illegal withdrawals from the dividend accounts of the Nigeria Liquefied Natural Gas (NLNG) by...
Business

Exposed: NNPC, Oil Firms Yet To Remit $22Bn, N481Bn To Nigerian Govt

The Nigeria Extractive Industry Transparency Initiative (NEITI) has dug out more dirts from the Nigerian National Petroleum Corporation (NNPC), after it disclosed that the...
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NNPC Denies Hidding $470.5m, N8bn In Commercial Banks

The  Nigerian National Petroleum Corporation (NNPC) says it has no hidden 470.5 million dollars and Eight billion Naira in any commercial bank as alleged...
Business

Governors Troubled Over Continuous Deadlock In FAAC

The deadlock in the meeting of Federation Account Allocation Committee (FAAC) and the issue of national minimum wage were some of the troubling issues...
Business

NNPC’s Under-Remmittance: Again, FAAC Meeting Ends In Stalemate

The Chairman, Commissioners of Finance Forum, Mr Mahmood Yunusa on Thursday said the Federation Accounts Allocation Committee (FAAC) has agreed to suspend meetings indefinitely...
Business

FAAC: State Workers To Get June Salary Late, Says Adeosun

Kemi Adeosun, Minister of Finance, said on Thursday that there would be a few days of delay in the payment of salaries of workers...
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Gas Supply: NNPC Restores Ruptured Pipeline

The Transmission Company of Nigeria (TCN) on Tuesday in Lagos said gas supply to generating stations had built up gradually after the Nigeria National...
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