Business Hilights

Tracking Nigeria's Headline Business News Online

Waziri Adio

Nigeria’s earnings from solid minerals on a yearly growing trend—NEITI Report

Latest independent audit report of the Nigeria Extractive Industries Transparency Initiative (NEITI), released recently has indicated that since the coming in the current administration, earnings from Solid Minerals have continued on a steady rise. The report indicated that while the…

NEITI begins review of oil earnings from 2015 to 2016 to trace unremitted funds

As part of consolidated moves to track oil earnings diverted in the process of oil exploration in Nigeria between 2015 and 2016, the Nigeria Extractive Industries Transparency Initiative (NEITI), on Thursday gave indication of reviewing the audit of the oil…

NEITI urges FG to revisit oil block allocations over non-remittances, under-valuation

The Nigeria Extractive Industries Transparency Initiative (NEITI) has observed serious infractions in the recent allocation of oil blocks stemming from the inefficiency of the Nigeria Petroleum Development Company (NPDC). In an statement, the executive secretary of NEITI, Waziri Adio said…