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President Buhari Promises Reforms, New Policies In Oil And Gas Sector

BEVERLY HILLS, June 30 (THEWILL) – President Muhammadu Buhari said Tuesday in Abuja that his administration will undertake appropriate reforms and implement fresh policies to boost national income from oil and gas production. Speaking at separate meetings with delegations from Exxon-...

Okonjo-Iweala Denies Spending $2.1b ECA Funds Without Authorisation, Says FAAC Approved

SAN FRANCISCO, June 30, (THEWILL) – Former Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has denied spending without authorisation $2.1 billion from the Excess Crude Account, saying the Federation Accounts Allocation Committee (FAAC) approved...

Chad Arrests Boko Haram Leader In N’Djamena

A Chadian Public Prosecutor, Alghassim Khamis, said on Tuesday that one of the key Boko Haram leaders, Baana Fanay, who has been coordinating trafficking of weapons in Nigeria, Cameroon and Chad was arrested on Sunday in N'Djamena. Khamis said Fanay...

CBN Extends BVN Registration

BEVERLY HILLS, June 30 (THEWILL) – The Central Bank of Nigeria (CBN) has extended the Bank Registration Verification (BVN) deadline to Oct. 31, to accommodate customers who had thronged the banks to beat this week’s deadline. The extension was announced Tuesday...

Delta: Okowa To Create 6,000 Direct Jobs In Six Months

…Rolls out six entrepreneurship schemes The Delta State Government Tuesday said it will create 6,000 direct jobs in the next six months as it rolled out six entrepreneurship schemes that would create jobs and wealth as well as diversify the...

Saraki: N’Assembly Won’t Delay Confirmation Of Ministerial Nominees

BEVERLY HILLS, June 30 (THEWILL) – Senate President, Dr. Abubakar Bukola Saraki, Tuesday in Abuja , assured that there would be no delay in the confirmation of ministerial nominees once the list is sent to the National Assembly by President...

Sergio Ramos: Manchester United Bid £28.6m For Real Madrid Man

Manchester United have made a £28.6m bid for Real Madrid defender Sergio Ramos. The Red Devils believe the 29-year-old wants to leave Real after they failed to offer him an extension to his contract, which expires in 2017. The Spain international...

Jega Retires From INEC, Hands Over To Wali

BEVERLY HILLS, June 30 (THEWILL) – Professor Attahiru Jega has retired as Chairman of the Independent National Electoral Commission (INEC) after five years in the saddle where he supervised two general elections – 2011 and 2015. Jega formally bowed out day and...

I Did Not Inherit Empty Treasury, But Great Potentials In Cross River, Says Ayade

SAN FRANCISCO, June 30, (THEWILL) – Professor Ben Ayade, the Governor of Cross River State says his administration inherited “great potentials” rather than an “empty treasury’” from his predecessor, Senator Liyel Imoke. Ayade made this known to journalists in Calabar...

UPDATE 1-Nigeria’s Oando Sells 60 Pct Of Downstream Business To Vitol

Nigeria's Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners for $276 million, the energy company said on Tuesday. Oando, which is shifting away from being a marketer of refined...

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