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Daily Archives: March 16, 2020

No record of $5b Abacha loot, expenditure, government tells SERAP

No record of $5b Abacha loot, expenditure, government tells SERAP

The Federal Government has told the Socio-Economic Rights and Accountability Project (SERAP) that it had “no record of the exact amount of public funds stolen by a former military Head of State, Gen. Sani Abacha, and the spending of about ...

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Tinubu backs Oshiomhole, tackles Obaseki, others ahead of APC NEC meeting

Tinubu backs Oshiomhole, tackles Obaseki, others ahead of APC NEC meeting

A leader of the All Progressives Congress (APC) and former Lagos State Governor, Bola Tinubu, has expressed frustrations with developments in his party, declaring that the effects of the desperation of those he described as overambitious politicians exceeded the fatality ...

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Oil crash: Nigeria may lose $8.63bn in six months

Russia blames Gulf nations for oil price crash

Recession looms, say LCCI, PENGASSAN, NUPENG Operators canvass deregulation, economic policy review   Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn from the expected earnings accruable to the ...

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Rivers port set to receive first RoRo vessel

Rivers port set to receive first RoRo vessel

The Rivers Port, Port Harcourt, is set to receive its first roll- on/roll-off vessel. According to the Nigerian Ports Authority, the RoRo vessel is scheduled to depart the United States of America in the middle of March and will arrive ...

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