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President, Osinbajo’s Trips To Gulp N1.3bn In 2018

President Muhammadu Buhari and Vice-President Yemi Osinbajo will spend N1.3bn on their numerous trips in 2018. The figure was part of the details of the 2018 Appropriation Bill  the President presented to the National Assembly last week. According to the details,...

Senate Passes Nigerian Automotive Industry Development Plan Bill

The Senate on Thursday passed the Bill on Nigerian Automotive Industry Development Plan, as part of efforts to transform the automotive industry. This followed the clause by clause consideration of the bill by the lawmakers during plenary in Abuja....

FG Pays N50bn To 62 Contractors

Vice President Yemi Osinbajo has disclosed that federal government paid about N50 billion to 62 contractors working on 149 projects this year in order to continue works on the nation’s roads and bridges and sustain the workforce. This is even...

NNPC Reviews Corporate Governance To Create Fraud Proof System

The Management of the Nigerian National Petroleum Corporation (NNPC) is executing a major restructuring of its corporate governance framework to engender an accountable and fraud repellent system across its value chain.  Declaring open the 2017 Fraud Awareness Week at the...

Gwarzo Urges Capital Market Operators  To Adapt To New Business Environment  

The Director General of the Securities and Exchange Commission, Mr. Mounir Gwarzo has urged capital market participants to constantly adapt to new and rapidly changing economic, regulatory and business environments which will aid them  in performing their expected roles...

Fitch Rates Nigeria’s Planned Dollar Notes ‘B+(EXP)’

Fitch Ratings has assigned Nigeria’s upcoming senior unsecured USD-denominated notes an expected rating of ‘B+(EXP)’. The assignment of the final ratings was contingent on the receipt of final documents materially conforming to information already reviewed. The rating agency explained in a...
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