SEC Hikes Minimum Capital for Market Operators
Nigeria's SEC has announced major capital increases for brokers, dealers, and digital asset firms, effective June 2027. Learn how this reform will reshape the market.
Category : Search result: NNPC asset sale
US Sells $500M Venezuelan Oil, Trump Pushes $100B Plan
The United States has sold $500 million worth of Venezuelan oil, marking a major step in accessing reserves. President Trump promises $100 billion for energy sector rebuild, despite industry doubts. Read full details.
Ex-AGF Malami Under Probe as DSS Finds Arms in Home
Nigeria's DSS investigates ex-Attorney General Abubakar Malami after EFCC found arms in his Kebbi apartment. Court also orders forfeiture of 57 assets worth ₦213.2bn. Full details inside.
Nigeria to Use AI in 2026 to Fight Public Sector Corruption
Nigeria plans AI-powered asset verification for public servants by Q1 2026. As high-profile cases like Shehu Malami's test EFCC's impartiality, experts demand a diligent, sentiment-free anti-corruption campaign.
FG Unveils Public Assets Maintenance Framework
The Federal Government has launched a new framework to preserve public assets. The initiative, driven by the Ministry of Housing, aims to prevent deterioration and save costs. Read more.
UK Returns $9.5m Looted Funds, HEDA Seeks Accountability
HEDA Resource Centre welcomes UK's move to repatriate $9.5m looted funds to Nigeria. The anti-corruption group urges transparency and public monitoring of the funds' use. Read more.
EFCC Seizes Malami's ₦200bn Assets, Faces ₦8.7bn Trial
Former AGF Abubakar Malami faces EFCC trial for ₦8.7bn laundering as court seizes 57 properties worth ₦200bn. Political analyst urges Nigerians to reassess support for politicians.
Nigeria, Jersey seal deal to repatriate $9.5m looted funds
Nigeria and Jersey sign MoU for the return of $9.5 million in looted assets. Funds will finance the final stages of the Abuja-Kano Road project. Read more on this anti-corruption victory.
Jersey Returns $9.5m Looted Funds to Nigeria
Nigeria recovers over $9.5 million in looted assets from Jersey. The funds, forfeited by a court, will be used to complete the vital Abuja-Kano Road project. Read more.
N213bn Malami Properties Forfeited to FG
A Federal High Court orders interim forfeiture of 57 assets valued at N213.2bn linked to ex-Attorney General Abubakar Malami. The properties include luxury hotels and residences across four states.
Court seizes N213bn properties linked to ex-AGF Malami
A Federal High Court in Abuja has ordered the interim forfeiture of 57 properties worth N213.2 billion linked to former Attorney-General Abubakar Malami. Read the full details of this major anti-corruption move.
T-Pain Surprises Family with Private Jet Purchase
Grammy winner T-Pain gifts his mother a private jet after selling his music catalogue. See the emotional video and fan reactions to his financial comeback.
T-Pain Buys Private Jet, Surprises Family in Emotional Video
Grammy-winning US singer T-Pain surprises his family with a brand new private jet. The purchase follows a lucrative music catalog sale he said would take 100 years of regular earnings. Watch the video!
NNPC Announces New Petrol Prices Across Nigeria
NNPC reduces petrol pump prices nationwide, with Abuja at N815 and Lagos at N785 per litre. Dangote Refinery's stable pricing drives the welcome relief for Nigerian motorists.
Oyedepo SAN: Architect of Nigeria's Asset Recovery Regime
Explore how Rotimi Oyedepo SAN is shaping Nigeria's anti-corruption fight through landmark asset forfeiture cases and strategic prosecution. Discover his journey from EFCC to the AGF's office.
NNPC Records N4.36tr Revenue, N502bn Profit
NNPC Ltd announces N4.36 trillion revenue and N502 billion profit for November 2025, driven by increased oil production. Discover the full financial and operational breakdown.
Ex-Gov Yari Under Scrutiny for Geregu Power Appointment
A civil society coalition calls for full disclosure of Abdulaziz Yari's asset declarations and stewardship of Zamfara's resources. Read the full demand for accountability.
Nigeria's 2026 Crypto Tax Reform and Youth Adoption
As Nigeria becomes a top crypto hub, new 2026 tax reforms spark debate among its youth-driven market. Explore the impact, global comparisons, and trader concerns.
NNPC Lists Top Assets for Sale, Opens Bidding Process
NNPC launches a formal bid to sell stakes in key oil and gas assets. This strategic divestment aims to attract investors, boost production, and reshape Nigeria's energy sector under the PIA reforms.
NNPC Sells Stakes in Oil Assets, Bids Open
NNPC Limited invites bids for stakes in key oil and gas assets. Registration deadline is January 10, 2026. PENGASSAN confirms the strategic divestment plan.
FCMB Asset Management Gets N20bn Fund Approval
FCMB Asset Management has received SEC approval for a N20 billion Series II private debt fund. The fund targets SDG-aligned sectors like agriculture and clean energy, with issuance opening in January 2026. Read more.
NNPC Fully Restores Escravos-Lagos Gas Pipeline
The NNPC has successfully restored the Escravos-Lagos Pipeline System after a December explosion. Read how this swift action secures Nigeria's gas supply for power and industry.
FG Cancels N5.57 Trillion, $1.42 Billion NNPC Debt
President Tinubu approves massive debt write-off for NNPC after reconciliation, aiming for a clean financial slate. Discover the details and ongoing revenue challenges.
AKK Gas Pipeline to Start Operations in Early 2026
Nigeria's $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline is on track to begin operations in early 2026, promising to transform energy supply and industrial growth in the north. NNPC targets $30 billion in oil and gas investments by 2030.
NNPC Boss Says Petrol Price War Will Benefit Consumers
NNPC GCEO Bayo Ojulari states the fuel price competition between Dangote Refinery and marketers is a natural market shift that will ultimately favour Nigerian consumers. Read more.
Firm Gives ₦4bn Assets to Loyal Managers
Cosgrove Investment transfers ₦4 billion in real estate to management staff as a long-term reward. Chairman Umar Abdullahi says it's about sustainable wealth, not short-term cash. #Nigeria #Business
Tinubu cancels $1.42bn NNPC debt to Federation Account
President Bola Tinubu has approved the cancellation of $1.42 billion in legacy debts owed by NNPC Ltd to the Federation Account. Learn the details and implications of this major financial decision.
NNPC Scores Zero in ICPC 2025 Anti-Corruption Assessment
Nigeria's NNPC scored zero in ICPC's 2025 Ethics and Integrity Scorecard, ranking last among 357 agencies. This shock result raises major governance concerns despite the oil company's recent profit announcements.
Fuel Prices Crash by N153/Litre, NBS Data Reveals
Nigerians get relief as petrol prices fall by N153 per litre to N1,061.35. Dangote Refinery and NNPC drive competition, but state disparities remain high. Find out the cheapest and costliest states.
NNPC Profit Hits N5.4tn as Directors' Pay Soars 58%
NNPC Limited reports record N5.4 trillion profit while directors' fees jump to N4.1 billion. Zero staff resignations in 2024 as administrative costs surge. Read the full analysis.
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