NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Lead Investigation

Ex-NNPC chief loses US property over $2.1m bribery scandal linked to Addax

A NIGERIAN American and former general manager of the Nigerian National Petroleum Corporation (NNPC), Mr Paulinus Okoronkwo, will lose his California property after a United States (US) district court ordered its interim forfeiture. The assset is alleged to have been acquired with proceeds from bribery. In August 2025, the district court found Okoronkwo, a lawyer, […]

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