Category: Money

Senate report :Pondei, others recklessly spent N5bn as medical allowances

The Senate report on the alleged financial recklessness in the Niger Delta Development Commission has revealed how the top management of the agency shared N4.9bn among themselves in the guise…

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Florida Teen Arrested, Two Others Charged in Twitter Hack

A stunning attack on the accounts of some of Twitter’s most prominent users, including Barack Obama, Jeff Bezos and Elon Musk, was orchestrated by a 17-year-old in Florida who recently…

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Spain’s monarchy shaken by Juan Carlos’s hidden Swiss fortune

King Juan Carlos abdicated in 2014 but is once again in the spotlight over his financial dealings. A former lover's taped conversations, murky financial dealings splashed across front pages, and…

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In April, NNPC Spends N10bn on Refineries in Coma

  Despite not processing petroleum products for years, the federal government has continued to spend hugely on the nation’s three petroleum refineries. NNPC, in a full report of its operations…

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SIFAX:Off Docks, Barge Will Aid Port Decongestion,

The Executive Director, SIFAX Off Dock, Captain Ibraheem Olugbade, has urged all the stakeholders in the maritime sector to adopt the option of barge transportation for the movement of consignments…

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Sahara Energy clarifies media report in Pointblanknews.com

The attention of Sahara Energy Resource Limited (“SERL”) has been drawn to a false and misleading media report initially published by the online news portal, Pointblanknews.com on July 15, 2020 under the…

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N81.5bn probe: Drama as NDDC boss, others walk out on Reps

Top officials of the Niger Delta Development Commission have walked out of the venue of an investigative hearing being held by the House of Representatives. The House Committee on NDDC…

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FEC Proposes N12.66tn as 2021 Spending Estimates

       Targets N7.50tn revenue       Okays 2021-2023 MTEF   The Federal Executive Council (FEC) wednesday approved the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper…

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CBN,OAGF: NDDC spent N81.5bn in six months

The Central Bank of Nigeria and the Office of the Accountant-General of the Federation have indicted the Niger Delta Development Commission in the investigation of the illegal spending by the…

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In Subcribers’ Growth , Glo Leads MTN, Airtel others

No doubt, competition among major internet service providers (ISP) in Nigeria has been intense, as the ISPs ensure that their brands are known as the best, most affordable and fastest…

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