Marketers accuse NNPC of nepotism as fresh controversy trails crude swap deal
The marketers accuses the state oil firm of favouring three particular indigenous companies.
Bassey Udo is PREMIUM TIMES' Business & Economy Editor. He has covered finance, energy, oil, gas & extractive industries for over a decade. He is a winner of the Wole Soyinka Award for Investigative Journalism, and the Thomson Reuters Foundation (Wealth of Nations) Award for Business Reporting. Bassey is an alumnus of the U.S. International Visitors Leadership Programme. Twitter: @ba_udo
The marketers accuses the state oil firm of favouring three particular indigenous companies.
“It is heart-warming to say that Nigeria will be out of recession soon,” the finance minister said.
The Supreme Court has ruled twice on the ownership of the aluminium company.
Mr. Ubah was arrested on Saturday by the SSS over allegations of theft and economic sabotage.
Some of the affected items include rice, cement and margarine.
The CBN released N33.34 billion to 146,557 farmers across 21 states.
Authorized forex dealers have not been able to clear the dollars supplied by the CBN.
The presidential committee was given two weeks to complete its assignment.
The report said the federal government’s debt accounted for over 68.72 per cent of Nigeria’s total foreign debt outlay.
Another eight banks were found to have played by the rules.
The court clears PREMIUM TIMES of contempt charges.
Sacked workers express concern over the severance package they received.
NEITI accuses the NNPC of unvervaluing the assets transfered to its subsidiary, the Nigerian Petroleum Development Company..
Nigeria's Attorney General says the embattled director had been given 48 hours to respond to the allegations.
“So far, (about) N1 trillion has been released on capital (vote), and this is the highest so far in the...
The Supreme Court has given two judgements on the topic previously.
The Executive Secretary announced that NEITI would introduce a ranking reward system.
The case was adjourned till June 13 and 14, 2017.
The payment schedule included an initial settlement of $17.2 million within two weeks.
The official is accused of using her office to frustrate efforts to prosecute the management of Zinox Computers.
Revenue increased by 14.28 per cent in March.
This is an inside story of how the NIA sourced the N13billion it warehoused in Nigeria's commercial capital
The official also spoke on the challenges of accessing the Nigerian Content Development Fund.
Under the new arrangement, SMEs are allowed to purchase $20,000 per quarter.
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