Oil Firms Borrowed N130bn from Banks in February
The latest data obtained from the Central Bank of Nigeria on Monday revealed that operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and…
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No Payment for Controversial Osun Road – Fashola
In response to a petition sent to the Senate by the Redeemed Christian Church of God (RCCG), alleging a fraudulent payment of N151 million by the ministry for a project…
Continue readingNigeria Youth Investment Fund Disburses N12.5 Billion To 41,000 Beneficiaries
The Federal Government of Nigeria has disbursed a sum of N300, 000 each to 41,000 beneficiaries of the Nigeria Youth Investment Fund, totalling N12.5 billion. This is according to a…
Continue readingNigeria’s Trade Volume with S/Korea Declined by 74%
The Minister of Industry, Trade and Investment, Adeniyi Adebayo has disclosed in a statement issued in Abuja by his media aide that the volume of trade between Nigeria and South…
Continue readingExperts Fault CBN Gov’s Justification of Printing N60bn
A professor of Political Economy, Pat Utomi and a former Deputy Governor of the Central Bank of Nigeria, Dr. Obadiah Mailafia have faulted the CBN Governor, Godwin Emefiele’s justification of…
Continue readingEmbark on Measures to Enhance Youth Competitiveness – Adesina
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has called on the federal government to embark on bolder measures to enhance the competitiveness of youths in order…
Continue readingNigeria Wasted $2.5bn on National Identity in 45 Years – Aladekomo
The Chairman of Chams Plc, Mr. Demola Aladekomo said at a recent webinar organized by the University of Lagos MBA 83-84 class that Nigeria allegedly lost about $2.5 billion in…
Continue readingAccess Bank Affirms Negotiation with Atlas Mara To Take Over BancABC
Access Bank Plc has confirmed that it has entered into a definitive and binding agreement with ABC Holdings Limited, a subsidiary of Atlas Mara Limited, to acquire a 78.15% shareholding…
Continue readingMarch FAAC: Fresh Facts Emerge
As controversy generated by Edo State governor, Godwin Obaseki’s claim that N60 billion was printed to augment the March 2021 Federation Accounts Allocation Committee, FAAC, fresh facts indicate that there…
Continue readingStates Improved Budget Transparency, Procurement Processes
Report of the Subnational Budget Transparency Survey 2020, which was released by the Civil Resource Development and Documentation Centre (CIRDDOC) Nigeria, disclosed that State Governments have significantly improved budget transparency…
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