MTN denies illegal transfer of $14bn from Nigeria
South Africa's MTN has denied allegations it illegally transferred $13.9 billion from Nigeria with the collaboration of top officials, in the latest scandal to hit the telecoms company in its largest market on the continent.
Group to build refinery in Ogun
A Nigerian oil firm, Petrolex Group says it has entered into a consortium with Wema Bank and the government of Ogun to build the second largest refinery in Odogbolu area of the state.
Adeosun: Federal, states share N90b less
Mrs Kemi Adeosun, minister of finance said Federal, state governments and the local councils shared N420 billion as revenue for September as against N510.3 billion shared in August.
South Africa withdraws from ICC
South Africa says it is withdrawing from the International Criminal Court with effect from a year notice to the United Nations Secretary-General Ban Ki-moon.
Many states risk owing salaries again as attacks by Niger Delta militants hit Nigeria hard
Niger Delta militants have had another grave effect on Nigeria’s income as all the three tiers of government in Nigeria got in September N90.2 billion less than what they got from the central pool in August, indicating that many states will again be unable to pay the salaries of their workers, officials said.
Nigeria to demarcate Nigeria – Niger Republic border – NBC
Dr Muhammad Bose, Director General, National Boundary Commission (NBC), says the commission will soon erect demarcation poles on Nigeria’s boarder line with Niger Republic.
