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World Bank bans 14 Nigerian firms for 999 years over alleged fraud
THE World Bank has banned 55 Nigerian companies for various procurement offences in the last 20 years.
In a note obtained from its website yesterday, World Bank said at least 14…
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NNPC shares will be available for sale 2024 – Kyari
THE Nigerian National Petroleum Corporation will be able to issue its Initial Public Offer to investors in the next three years.
The Group Managing Director of the NNPC, Mele Kyari,…
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We recorded biggest economic growth in six years – Buhari
PRESIDENT Buhari says his administration's focus on job creation, consistency in policy and innovation stimulated a 5% growth of the economy in the second quarter, 2021, which…
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Forex Matters: Nigeria’s foremost forex TV program
THERE is a myth among nonprofessional traders that Forex trading is banned in Nigeria, but this is not true. Forex is not prohibited in the country, but the actions of brokers…
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PIA: No immediate increase in fuel price, PPPRA tells Nigerians
IN the wake of the implementation of the Petroleum Industry Act (PIA), the Petroleum Products Pricing Regulatory Agency (PPPRA) has allayed fears of Nigerians over an increase in the…
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No money missing from federation account – AuGF
THE Auditor-General for the Federation, Adolphus Aghughu, has said that no money was missing from the Federation Account.
Aghughu disclosed this in a statement today by Eme Oqua, Head…
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NNPC to get new name in six months — Kyari
THE Group Managing Director of the Nigerian National Petroleum Corporation Mele Kyari has disclosed that plans are already on the way to transit to a new company in the next six months.…
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FG approves $11.17bn rail project in Nigeria
THE Federal Executive Council (FEC) has approved the release of $11.17billion for a rail project in the country.
The Minister of Information and Culture, Lai Mohammed, disclosed this…
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Buhari authorizes a 143 billion naira return to five states
According to Engr. Abubakar D. Aliyu, the Buhari administration is reimbursing five states for the cost of reconstructing Federal highways.
Abubakar Aliyu, Minister of State for Works…
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FG barred from borrowing unclaimed dividends, dormant funds
A FEDERAL High Court in Abeokuta has issued an interim order barring the Federal Government from accessing unclaimed dividends of capital market shareholders worth more than N200…
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