News and Report

EFCC Arrests Former Commerce Minister, Chukwuemeka Ugwu For Alleged N3.6billion Fraud

A former Nigerian Minister of Commerce and Industry, Charles Chukwuemeka Ugwu has been arrested by the Economic and Financial Crimes…

How Oil Output from Addax-operated OMLs Fell from 130,000bpd to 7,000bpd Amid OPEC Deficit

Production from assets operated by Addax Petroleum slumped massively from 130,000 barrels per day to 7,000bpd amid disagreements with the…

Shell to Sell Nigeria Onshore Oil Business for $1.3 Billion

Shell Plc has reached an agreement to sell its Nigerian onshore oil assets to a local consortium for over $1.3…

EFCC returns to probe Odili’s alleged N100bn fraud

There is anxiety in some quarters in Rivers State as the Economic and Financial Crimes Commission, EFCC, is set to…

Illegal Bunkering: Captain Of MT Kali Arrrested Vessel Names Collaborator

The Captain of MT Kali, a vessel arrested in Bayelsa State by the combined team of Nigeria Security and Civil…

EFCC revives 13 ex-govs’ N772bn fraud cases ……reopens cases against Fayose, Kwankwaso, Nnamani, Lamido, Sylva, others •Diezani, other ex-ministers listed as agency vows not to spare politically exposed persons

The Economic and Financial Crimes Commission has reopened money laundering cases against 13 former governors and some former ministers, with…