NEITI Raises Committee On Contract Transparency In Oil, Gas Sector   Joint Inter-Agency Committee on the public disclosure of the contents of oil, gas and mining contracts have been set up by the Nigeria Extractive Industries Transparency Initiative (NEITI). The contracts to...

E-Naira: We’re Guarding Against Hackers, Fraudsters – CBN     The Central Bank of Nigeria (CBN) has assured that it has put in place effective mechanisms to insulate the e-Naira from hackers and fraudsters. The Director, Corporate Communications Department of CBN, Mr Osita...

Nigeria Revenue May Crash Further As OPEC Forecasts Supply Glut     Nigeria’s revenue from crude oil sale may drop further in the first and second quarters of 2022 going by the latest projection of surplus oil supply in the period under...

In 10 Months, Direct Remittances Drops By 62.4% To $1.96bn       Latest data by Central Bank of Nigeria (CBN) has revealed that total direct remittances from Nigerians in Diaspora dropped by 62,4 per cent to $1.96 billion in 10 months of...

Reps Summon Customs, FIRS, Others Over Unremitted Taxes     The House of Representatives Committee on Public Accounts yesterday summoned the Nigeria Customs Service, the Federal Inland Revenue Service, the Ministry of Industry, and the Oil and Gas Free Zone Authority to...

Procurements At Refugee Commission In Line With Public Act - NCFRMI       The procurement processes and approvals in National Commission for Refugees, Migrants and Internally Displaced Persons (NCFRMI) are in line with the Public Procurement Act. Therefore, some malicious allegations against the...