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Business
Banks connive with civil servants to divert funds… Lawan
Senate President, Ahmad Lawan, has accused some banks of conniving with civil servants to divert public funds to private pockets.
Lawan spoke after he was named as a patron by the Chartered Institute of Forensic and…
Nigeria spends $500m annually to import palm oil
Nigeria spends about $500m annually on oil palm imports, the Federal Ministry of Agriculture and Rural Development said on Thursday.
This was disclosed at the National Workshop on oil palm organised in Abuja by Solidaridad,…
Senate says 2021 budget report will be ready on Dec 3
The Senate Committee on Appropriation on Wednesday assured that the harmonised version of the 2021 budget would be ready on December 3.
The Chairman of the Committee, Senator Jubril Barau, gave the assurance after chairmen of other…
Active phone subscribers increased by 54.2 million in five years… NCC
Active phone subscribers in Nigeria grew by 54.2 million in the last five years, the Nigerian Communications Commission said on Wednesday.
NCC’s Executive Vice Chairman, Umar Danbatta, disclosed this during a courtesy call by…
AMCON seizes Jimoh Ibrahim’s properties, freezes accounts over N69.4bn debt
Following a debt which amounts to N69.4bn, over 12 assets belonging to Chairman of Global Fleet Group, Jimoh Ibrahim have been seized by the Asset Management Corporation of Nigeria (AMCON).
AMCON also got all his accounts…
COVID-19: Furniture Dealers seek inclusion in CBN’s N50bn stimulus package
The United Furniture Dealer’s Association Of NIGERIA has asked the federal government to include the association in the Central Bank Of Nigeria (CBN) N50billion COVID-19 stimulus package for households and small businesses in the…
FEC approves Finance Bill, says no plan to increase taxes
The Federal Executive Council on Wednesday approved the 2020 Finance Bill.
Following the development, the Bill will now be transmitted to the National Assembly for passage.
Minister of Finance, Budget and National Planning,…
BOCCIMA lauds Buhari, others on maintenance of peace in North East
The Borno Chamber of Commerce, Industries, Mines and Agriculture (BOCCIMA) has commended the contributions of President Muhammadu Buhari, the military, other security agencies and men of the Civilian Joint Task Force (CJTF) to the…
Sylva, NNPC GMD shun budget defence session with Reps
Minister of State for Petroleum Resources, Timipre Sylva and the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, shunned a budget defence session with the House of Representatives on…
Reps summon CBN Governor, NNPC Boss over unremitted $19.25bn
Following the alleged non-remittance of a whooping N3.24tn revenue that accrued from sales of crude oil in 2014, the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the…