The cashless policy started in Lagos January 2012, but it is yet a policy in most major public institutions. A good example is the Lagos state hospitals. A visit to any of these general hospitals will reveal little or...
• Northern elite woo CBN boss to join politics
Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi, has said he is bracing up for public spending “shocks” as the country prepares for the 2015 elections.
His disclosure reduces the...
• IPMAN seeks repair before proposed sale
The Bureau of Public Enterprises (BPE) yesterday said it would privatise the four refineries in the country next year.
The bureau’s Head, Public Communications, Mr Chigbo Anichebe, told the News Agency of Nigeria (NAN)...
The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said the reduction in oil production and receipts caused the shortfall in the federal allocation to the other tiers of government.
The minister debunked the claim...
The total revenue generated by the federal government in the third quarter of 2013 stood at N2.716 trillion, a report by the Central Bank of Nigeria (CBN) has shown.
The central bank’s economic report for the third quarter of the...
The Senate yesterday constituted a six-man conference committee to harmonise the controversial 2014 budget oil benchmark.
Senate President, David Mark, named Chairman, Senate Committee on Finance, Senator Ahmed Makarfi, as Chairman of the new committee.
Others members are Senators Ita Enang,...
