Widespread scepticism greeted President Bola Tinubu’s ‘Budget of Restoration’ when he presented it to the National Assembly on 18 December – mainly due to doubts about the oil...

United States Vice-President Dick Cheney could face questioning by a US Grand Jury about his knowledge - or lack of it - of US$180 million of illegal payments...

The humiliation of ex-President Olusegun Obasanjo is forging ahead, less than a year after he left office. In the past few months, parliamentary committees have exposed allegations of...

After winning a court battle over the Nigerian government's attempt to cancel its oil production licences, South Korea's Korea National Oil Corporation is offering to finance billions of dollars of new...

The government has reopened the can of worms known as Oil Prospecting Licence 245. President Muhammadu Buhari has sent investigators after the beneficiaries of the US$1.1 billion that...