Major Fraud rocks CBN, NNPC Joint Venture payments

Critical stakeholders’ active involvement in mind-boggling fleecing of Nigeria’s hard-earned resources amounting to over N1trillion has been exposed. The deals are made under the pretext of Joint Venture Cash Call payments to international and local […]

Fuel Subsidy to Exceed $3.85bn Estimate – Report

A bi-monthly update report on the state of Nigeria’s economy prepared by Lagos-based economic research and analyses firm, Financial Derivatives Company (FDC), has disclosed that with the rising prices of crude oil at the international […]

Aviation unions suspend strike

Aviation unions under the umbrella of Air Transport Services Senior Staff Association of Nigeria, the National Union of Air Transport Employees and the National Association of Aircraft Pilots and Engineers have called off their strike […]

DAY 2: Airport workers’ strike bites harder

The strike at the Murtala Muhammed Airport 2 (MMA2), Lagos, enters its second day and the bite has forced airline operators to make alternative arrangements to fly passengers. Aviation unions continued their picketing of the […]

South Korea boycotts Iran’s oil

South Korea has stopped buying Iran’s oil, Iran’s Ministry of Petroleum confirmed on Sunday. “It is for three successive months that South Korea has not imported oil from Iran,” public relations of the ministry announced. […]

Qatar to produce electric vehicles by 2023

Qatar on Monday said that the country had plans to produce first Qatari electric cars by 2023, local media reported. The Qatari electric vehicles will be manufactured by the factory which will be established at […]

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