Business & Finance

Fayose: EFCC releases pictures of property Alleged

Thursday, October 18, 2018

The Economic and Financial Crimes Commission (EFCC) has released some photos showing properties allegedly owned by the immediate past governor of Ekiti State, Mr Ayodele Fayose. Spokesman for the Commission, Mr Wilson Uwujaren, sent copies of the pictures to Channels Television on Wednesda ...

Fayose Faces for two weeks As EFCC obtains court order to For His Detention

Thursday, October 18, 2018

The Economic and Financial Crimes Commission has obtained a remand order from a Federal Capital Territory High Court to keep former Governor Ayodele Fayose of Ekiti State for two weeks, The PUNCH can confirm. The remand order, it was learnt, is subject to renewal which implies that Fayose ...

Delta Governor Presents N367, 09 Billion Budget Proposal For 2019 Fiscal Year

Wednesday, October 17, 2018

Delta State governor, Ifeanyi Okowa, has presented a budget proposal of N367, 095,083,451 to the State House of Assembly for the 2019 fiscal year. Presenting the budget Wednesday, the governor hinted that, capital expenditure in the projected budget would gulp the sum of N209, 999,054,198 which i ...

EFCC interrogates Fayose over N1.3bn from Dasuki

Wednesday, October 17, 2018

I never received money from Dasuki ndash; Fayose bull; Drama as Wike, Fani-Kayode, Ozekhome follow ex-gov to EFCC 39;s office Eniola Akinkuotu, Abuja The immediate past Governor of Ekiti State, Ayodele Fayose, finally honoured an invitation by the Economic and Financial Crimes Commissi ...

We’re depleting reserves to defend naira - CBN Gov.

Tuesday, October 16, 2018

The Governor of Central Bank of Nigeria, Godwin Emefiele, has said that the present government has to save the local currency, the naira, instead of building reserves. Emefiele, who made this known to journalists on Sunday in Bali, Indonesia, said it is difficult to talk about building reserves a ...

NSE may sanction Oando Plc

Tuesday, October 16, 2018

The Nigerian Stock Exchange is reviewing the situation regarding the delayed filings of the Audited Financial Statements ( AFS ) of Oando Plc ( Oando or the Company ) for the year ended 31 December 2014 and its Q1 and H1 delayed filings. The Exchange is greatly concerned about the delayed fili ...

NNPC adopts direct purchase of petroleum to cut off middlemen

Tuesday, October 16, 2018

In a major shift designed to enshrine transparency and eliminate the activities of middlemen in the crude oil exchange for product matrix, the Management of the Nigerian National Petroleum Corporation, NNPC on Tuesday announced the replacement of the Offshore Processing Arrangement, OPA option in pr ...

Innovation in energy storage wins NLNG's $100,000 Science Prize

Tuesday, October 16, 2018

The Advisory Board of the Nigeria Prize for Science has announced Nanostructured metal hydrides for the storage of electric power from renewable energy sources and for explosion prevention in high voltage power transformers , a work by Dr. Peter Ngene as the winning work for this year's The Nigeri ...