AGF Says 18 Terminal Operators Owe FG $753m, N1.61bn   The Office of the Auditor General for the Federation has queried the Nigerian Ports Authority over the failure of 18 port terminal operators to remit total sums of $753m and N1.61bn...

Audit Report: NSITF Under Fire In Senate Over N17.2bn Transfer   The present and past management of the Nigeria Social Insurance Trust Fund have come under fire in the Senate for failing to justify its spending of N17.158 billion in 2013...

$400m Required to Complete Abandoned Millennium Tower - FG The federal government has disclosed that $400 million would be needed to complete the Millennium Tower which construction began in 2005. The Minister of Information and Culture, Alhaji Lai Mohammed revealed this...

Cooking Gas Price Hits 105% In 12 Months   The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased by 105 per cent within the last twelve months. This follows an increase from N2200 in August...

Fed Govt To Auction Gas Flare Sites Via Bids   The Federal Government on Sunday announced that it was carrying out a study to identify suitable gas flare sites for auction and that it would issue flare sites to technically competent...

Nigeria’s Debt To World Bank Increases By $660m The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022. This is according to data from both the Debt Management Office and...