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Yobe Approves N1.2 Billion for Agric, Health and Energy Projects

The Yobe State government has approved a total of N1, 198, 975, 318.00 for the execution of various projects in agriculture, healthcare, and rural electrification. Information, Home Affairs and Culture Commissioner, Alhaji Mala Musti revealed this  after the meeting of...

African Leaders Launder $50bn Annually – Obasanjo

A-Former President Olusegun Obasanjo has lamented that political leaders and other key players in both public and private sectors in Africa illicitly launder a whopping sum of $50 billion from Africa annually.  Obasanjo said this at the 1st Annual Nigeria...

2018 budget: PENGASSAN warns against oil, gas assets’ sale

The Petroleum and Natural Gas Senior Staff Association of Nigeria has cautioned the Federal Government against selling profitable oil and gas assets as scrap to fund the 2018 budget. The trade union expressed its support to other models of funding...

NNPC Loses N18.56bn To Sabotage In One Month

The Nigerian National Petroleum Corporation, NNPC, has lost a total sum of N18.56billion monthly as indicated in a latest report from the corporation. In  its July 2017 monthly financial and operations report revealed that the corporation lost a whopping N14.25billion...

CBN’s Anchor Borrowers’ Programme Targets Additional 2m Tonnes From 300,000 Rice Farmers

The Central Bank of Nigeria (CBN) has formed strategic partnerships with agricultural commodity associations in the country in its effort to expand the implementation of the Anchor Borrowers’ Programme (ABP). Disclosing this in Abuja  the Acting Director in charge of...

Godwin Emefiele, The Rejected Stone?

On assumption of office over three years ago, Godwin Emefiele promised a central bank that will be professional, apolitical and people – focused. This he hoped to achieve through a central bank that would be the ‘Model Central Bank...
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