November 7, 2026
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BUSINESS

Nigeria loses $850m to gas flaring in 2015- DPR

The Department of Petroleum Resources said that Nigeria, the ninth largest gas producing nation in the world, lost over 850 million dollars to gas flaring in 2015. Mrs Pat Maseli, Deputy Director, Head, Upstream, DPR, gave the statistics at the just concluded 10th Annual Sub-Saharan Africa Oil and Gas Conference in Houston, Texas, U.S. This […]
LEAD STORY 2

N15bn Recovered From Ikoyi: Lawyer Sues EFCC

An activist lawyer, Mr. Olukoya Ogungbeje, has sued the Economic and Financial Crimes Commission urging the court to suspend action on the forfeiture application filed by the agency in respect of the cash sums of $43,449,947, £27,800 and N23,218,000 recovered from an apartment in the Ikoyi area of Lagos State. Ogungbeje, who sued the EFCC […]