Reps Summon Water Resources Minister As Agency Auctions N2bn Assets For N13.6m   The Office of the Auditor General for the Federation has queried the management of the Ogun-Osun River Basin Development Authority for selling off government plant, property and equipment...

Nigerians Spent $221m On Foreign Education In Three Months – CBN   An analysis of data obtained from the Central Bank of Nigeria (CBN) showed that Nigerians spent at least $220.86 million on foreign education between December 2021 and February 2022. This...

Subscribers Kick As FG Slams N90.49bn New Tax On Phone Calls   Telecommunication subscribers are kicking against a new Federal Government directive to impose a tax on telephone calls in the nation to fund free healthcare for the vulnerable. The telecom tax...

Reps Probe Unremitted Multi-million-dollar Revenue Under NPA   The House of Representatives’ Committee on Public Accounts has commenced an investigation of the multi-million-dollar debt owed the Federal Government by terminal operators at the nation’s seaports. It is also probing the alleged...

Nigeria Loses N2.2trn Revenue To Crude Production Delays In One Year   Nigeria lost a whopping N2.1 trillion as a result of crude oil production deferment in one year. The 2021 statistics from the Nigeria Extractive Industries Transparency Initiative (NEITI), said the...

BOI Declares Over N7.8bn Dividend, Records 75% Profit Rise   The Bank of Industry (BOI) said it recorded N61.15bon as profit before tax for the 2021 financial period. The Chairman of BOI’s Board of Directors, Aliyu Dikko, who announced the results during...