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AGF Drags Oil Baron, Chima Anyaso To Court Over N2bn Fraud

…As NNPC: Nigeria earns $640.35m from oil, gas*** An oil marketer, Chima Anyaso has been charged before a Federal High...

Non-compliance to regulations hinders oil industry growth — Baru

…As Oil on track for weekly gains on trade talk hopes, OPEC-led supply cuts*** The Group Managing Director, Nigerian...

No oil-cuts deal as OPEC talks end

...Kachikwu says Nigeria’ll find it difficult to cut oil production*** The Organisation of Petroleum Exporting Countries (OPEC) has ended talks in Vienna without a deal...

Oil dips to $84.75, as IMF cuts down outlook

...Buhari moves against errant offshore assets owners, over tax evasion*** Brent crude prices, yesterday, slipped to $84.75 per barrel, following the decision by the...

NDIC restates commitment to deepen financial inclusion, protect bank depositors

…As Oil rises towards $90, and Asia stocks slip, with NAFTA lift fading*** The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to deepen...

Philippines typhoon toll hits 81, expected to rise

...As Oil majors expect first ruling in Nigeria’s $1.3b oilfield scandal*** The death toll in the Philippines from Typhoon Mangkhut has climbed to 81...

MTN kicks as govt demands for $2b ‘unpaid’ taxes

…ExxonMobil’s blockade threatens Nigeria’s oil production*** MTN Nigeria has been asked to pay $2billion for import duties, Value Added Tax (VAT) and withholding taxes on...

FAAC: Federation revenue declined by N107bn in July

...As Oil rises on Iran sanctions, lower U.S. fuel inventories*** Federal, states and local governments on Thursday shared N714.8 billion revenue generated in July,...

‘Nigeria is 6th largest crude income earner in OPEC,’ rakes in...

...As Nigeria’s oil exports to hit four-month high in October*** Nigeria earned as much as N7.93 trillion ($26 billion) from oil exports between January and...

Investment inflow into Nigeria drops to $5.5bn – NBS

…As FG, oil majors lose N195bn to pipeline shutdown*** The National Bureau of Statistics on Tuesday released the capital importation report for the second quarter...
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