US Moves To Seize US$140 Mn From Nigerian Oil Corruption

US authorities plan to confiscate the "Galactica Star" a yacht owned by a Nigerian oil executive, in an effort to recoup funds earned through a dirty contracts awarded by Nigeria's former oil minister.

US officials said Friday they plan to confiscate US$144 million in corruption-tainted assets of Nigerian oil executives found in the United States including an US$80 million yacht the "Galactica Star."

Danjuma, Dogonyaro, Christian Elders Blame Buhari Administration For National Crisis

Theophilus Y. Danjuma

The National Christian Elders Forum has blamed the Buhari administration for the current ethnic crisis and agitation for secession in Nigeria, accusing the government of deliberately disregarding the constitution and federal character.

FOR THE RECORD: IOCs’ ₦4.3 Trillion Oil Assets Up For Grabs In Two Years

Oil rig

• Indigenous firms pay ₦1.3 trillion for asset acquisition in 7years
International Oil Companies (IOCs) are expected to relinquish interest in over US$12 billion (₦4.3 trillion) oil blocks, which are expected to expire between 2017 and 2019.

Governor Ambode Suspends Lagos Monarch For Allegedly Faking Own Kidnap

Alleged suspects, Baale of Shangisha, Chief Yusuf Ogundare (right), with his brother and accomplice, Mohammed Adams (left), being paraded during a press briefing at the Lagos House, Ikeja, on Thursday, July 13, 2017.

The Lagos State Governor, Akinwunmi Ambode, on Thursday approved the immediate suspension of the Baale of Shangisha in Magodo, Yusuf Ogundare, for faking his abduction.

R-L: Lagos State Commissioner of Police, Mr. Fatai Owoseni (2nd right), addressing journalists on the Alleged Fake Kidnap of Baale of Shangisha in Magodo, Chief Yusuf Ogundare at the Lagos House, Ikeja, on Thursday, July 13, 2017. With him are Attorney General & Commissioner for Justice, Mr. Adeniji Kazeem (middle); his counterpart for Local Government & Community Affairs, Alhaji Muslim Folami (2nd left); Operative of DSS, Mr. Wale Odu (left) and representative of Director, DSS, Mr. Uche Okechukwu.

Roger Federer Avoids Wimbledon Fate Of Star Rivals As He Fends Off Milos Raonic

Roger Federer went where Andy Murray and Novak Djokovic could not as the Swiss eased into the Wimbledon semi-finals by beating Milos Raonic in straight sets.

Serbia's Novak Djokovic receives medical treatment during his Men's Singles Match against Czech Republic's Tomas Berdych on day nine of the Wimbledon Tennis Championships at The All England Lawn Tennis and Croquet Club, London, Wednesday, July 12, 2017. (Gareth Fuller/PA via AP)

More Floods Imminent In Lagos, Other States — FG

Recent Lekki - Epe Expressway flooding in Lagos

The late commencement of the rains, the monsoon wind that usually brings heavy rain in the West African coast, and the rising sea levels due to the melting of glacier in the polar region will further increase floods in states like Lagos, Rivers and Cross River, among others, the Federal Government has said.

Inundated and overwhelmed: highbrow areas in Lagos submerged on Friday, July 7, 2017

FEC Approves ₦2.7 Trillion To Settle Nigerian Govt Debts To Contractors, Pensioners, Others

National Security Adviser, retired Brig.-Gen Babagana Monguno consulting with Acting President Yemi Osinbajo at the Federal Executive Council Meeting at the Presidential Villa Abuja on Wednesday (12/7/17)

The Federal Executive Council, FEC, has approved ₦2.7 trillion for payment of the federal government’s discounted obligations.

Shell Pays Compensation To Victims Of Pakistani Oil Tanker Fire

The oil tanker coming from Karachi and headed to Lahore overturned early this morning on the national highway at the Ahmedpur Sharqia area of the Bahawalpur district, some 400 km from Lahore, after a tyre burst and the driver lost control. 

A subsidiary of Royal Dutch Shell said Wednesday that it made full payment in damages and compensation to the victims of an oil tanker fire in Pakistan that killed 215 people last month, hours after Pakistan's oil and gas regulator threatened legal action.

A soldier stands guard amid burnt cars and motorcycles at the scene of an oil tanker explosion in Bahawalpur in Pakistan on Sunday, June 25, 2017.(REUTERS)

Osinbajo To Update Nigerians On Outcome Of Meeting With Buhari — Statement

Acting President Yemi Osinbajo will soon brief the nation on the outcome of his meeting with President Muhammadu Buhari in London.

Osinbajo Keeps Mum After Meeting Buhari; Holds Secret Meeting With President Buhari In London

Osinbajo on arrival at Abuja House in London on 11 July to see President Buhari. Photo Reuters

Acting President Yemi Osinbajo spent one hour with President Muhammadu Buhari on Tuesday in London and then swiftly left to begin the journey home.

How DMO Paid ₦4.8tr Servicing Domestic Debt Interest In Five Years

The Debt Management Office (DMO) paid out over ₦4.8 trillion as interests in the last five years to banks and other investors. The money was lent to Nigerian Government from the domestic market through the FGN Bonds; Treasury Bonds or Treasury Bills issued by the Central Bank of Nigeria (CBN) as part of measures to check inflation caused by excess liquidity in the economy.

Rafael Nadal Stunned By Gilles Muller In Wimbledon Epic

Gilles Muller vs Rafael Nadal

Rafael Nadal suffered fresh Wimbledon misery on Monday as the two-time champion crashed to a stunning 6-3, 6-4, 3-6, 4-6, 15-13 fourth round defeat against Luxembourg’s Gilles Muller.

Apple To Invest US$900mn In Danish Data Plant

Apple on Monday said it would invest six billion Danish kroner (US$920 million, €810 million) in a data centre in Denmark, its second in the country to run entirely on clean energy.

Apple on Monday said it would invest six billion Danish kroner (US$920 million, €810 million) in a data centre in Denmark, its second in the country to run entirely on clean energy.

Dr. Spencer Johnson, Author Of Self-Help Best-Seller, Dies

In this Dec. 24, 2016, photo provided by Christian Johnson, Johnson's father Spencer Johnson sits at their home in Hawaii. Spencer Johnson, whose book "Who Moved My Cheese?" sold 25 million copies and became a business and self-help phenomenon, has died. Johnson's executive assistant Nancy Casey said Saturday, July 8, 2017, that he died Monday, July 3 of complications from pancreatic cancer in the San Diego-area city of Encinitas. He was 78. (Christian Johnson via AP) (INSET) "Who Moved My Cheese?" cover (Wikipedia)

Dr. Spencer Johnson, whose book "Who Moved My Cheese?" sold 25 million copies and became a business and self-help phenomenon, has died.

Unnamed Nigerians Bid To Host Joshua-Klitschko Rematch In Abuja

Britain’s Anthony Joshua (L) looks for an opening against Ukraine’s Wladimir Klitschko during the third round of their IBF, IBO and WBA, world Heavyweight title fight at Wembley Stadium in north west London on April 29, 2017. Photo: Ben Stansall / AFP

Nigerians may yet watch live in Abuja the much-anticipated world heavyweight boxing title rematch between holder, Anthony Joshua and former champion, Wladmir Klitschko.

225kg Of Drugs And 13,000 Mobile Phones Found In UK Prisons

Inmates can use phones to plot crimes from behind bars. (Lauren Hurley/PA)

More than 200 kilograms of drugs and 13,000 mobile phones were found in prisons last year as the Government admitted the situation was “unacceptable”.

Drugs in prisons continue to be a major issue. (Paul Faith/PA)

Wayne Rooney Signs For Everton

England and Manchester United’s record goalscorer Wayne Rooney completed a move back to his first club Everton on Sunday.

90% Of Students In Benin Republic University Are Nigerians — Official

Houdegbe North American University. Photo Credit: Sharegist

The President of the Houdegbe North American University in the Republic of Benin, Dada Houdegbe, on Saturday announced that about 90% of its students were Nigerians.

2-IN-1 STORY: Flood Wreaks Havoc In Nigeria’s Most Expensive Neighbourhoods; Power Outage In Ikoyi, Victoria Island As Flood Submerges Substations

VGC, Lagos after heavy downpour as residents swim in flood

●Areas: Lekki, Banana Island, Ikoyi, VI ●Residents flee homes

Lekki – Epe expressway submerged

A heavy rain that fell on Friday night and Saturday morning has left hundreds of homes and roads flooded in Nigeria’s affluent neighbourhoods of Ajah, Ikoyi, Lekki and Victoria Island areas of Lagos State.

One resident spotted in a Kayak paddling through the flooded streets of Ahmadu Bello Way