The court also heard how N84.7billion was taken from the $2.2billion due to the nine oil producing states and shared by some senior government officials. An official of the Economic and Financial Crimes Commission (EFCC), Hayatudeen Ahmed disclosed these while ...
Read More »Daily Archives: November 24, 2022
INEC Moves To Tackle Campaign Spending Breaches
The Independent National Electoral Commission (INEC) has stated its determination to frontally tackle the issue of political party campaign spending ahead of the 2023 general elections. The nation’s electoral body said areas of violation include party and candidate expenditure beyond ...
Read More »eNaira: Experts Suggest Ways To Increase Digital Currency Penetration
Experts in the digital currency space have agreed on ways to deepen acceptability of digital currency in Nigeria, especially the Central Bank of Nigeria owned eNaira. They were unanimous on that fact that inclusion of the unbanked into the financial ...
Read More »2nd Niger Bridge Will Partially Open For Yuletide – FG
The federal government has said that the 2nd Niger Bridge will be partially open for public use during the yuletide. The minister of works and housing, Babatunde Raji Fashola, disclosed this to State House correspondents after the Federal Executive Council, ...
Read More »Buhari Leaves For AU Summit In Niger Republic Today
President Muhammadu Buhari will embark on an official trip to Niamey, the Republic of Niger to attend the African Union Summit on Industrialisation and Economic Diversification, as well as the Extraordinary Session on African Continental Free Trade Area (AfCFTA). The ...
Read More »Paris Club Refund: Governors Stop Deductions, Consultants Head For French Court
The Nigeria Governors Forum says it has stopped the planned payment of $418 million and the promissory notes issued to the Paris Club consultants by the Federal Ministry of Finance and the Debt Management Office. The forum comprising the 36 ...
Read More »TCN Seeks Gencos, Discos Support On Grid Collapse
The Transmission Company of Nigeria has blamed the power generation and distribution companies for the repeated collapse of the national electricity grid. It, therefore, asked the Gencos and Discos to “up their games” in the delivery of electricity. The Chairman, ...
Read More »Ekiti, Osun, Ondo Lecturers Demand Payment, Slam FG
Members of the Academic Staff Union of Universities in Ekiti, Osun and Ondo states on Wednesday held peaceful protests against the pro-rata salary they received in October as well as the no-work, no-pay salary policy of the Federal Government. The ...
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