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Since the Israeli-Iran conflict shows no signs of reduction, oil supply from the Middle East could become vulnerable if the two parts decided to attack vital energy infrastructures in the region, said the RBC capital markets, warning that energy and oil in particular are now “clearly in the sights”. Israeli strikes on Iranian nuclear sites and military leadership at the …

The Federal High Court at Port Harcourt has returned a valuable Williams in detention after his indictment of alleged involvement in the Ponzi N13.8 billion scheme related to cheating investment operations. The Economic and Financial Crime Commission (EFCC), in a statement issued on Monday, confirmed that Williams faced the cost of 14-calculations that included conspiracy, earned money with fake pretense, …

The for Fiscal Transparency and Public Integrity Center (CFTPI) asks for responsibility for the implementation of the presidential initiative on compressed natural gas (PI-CNG) which was launched about a year ago. The initiative, which has been revealed as a strategic response to facilitate pressure on the demand for consumption of premium motor spirit (PMS) following the removal of subsidies for …

The Lagos state government has ordered immediate suspension of all planning agreements along the Lagos-Calabar coastal corridor, quoting the need to re-harmonize the ongoing development plan with the impact of the federal infrastructure project. This decision was announced in a statement on Monday by the Commissioner of Physical Planning and Urban Development, Dr. Oluyinka Olumide, in Alausa, Ikeja. According to …

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