President Muhammadu Buhari has released $55.5 million to the 36 states and the Federal Capital Territory (FCT) for women healthcare project. Each of the states and FCT would get $1.5 million, Buhari said. The women quality healthcare initiative is on the...

The Federal Government has commenced independent review of State financial management by appointing eight reputable accounting firms including KPMG, Ernst & Young and PWC to monitor and evaluate the implementation of the 22-point Fiscal Sustainability Plan (FSP) which specified...

The All Progressives Congress appears to be settling its political quarrels with the surprise emergence of Senator Ahmed Lawan as the majority leader of the Senate. He replaces Senator Ali Ndume from Borno State who had occupied the position since...

Senate President Bukola Saraki says the privatisation of the power sector has failed. Saraki said this in his message at the opening session of the Senate, while also decrying the policy inconsistencies that have continued to challenge the business environment. He...

Debate on the 2017 budget and the bid by President Muhammadu Buhari to secure a $29.96bn foreign loan will top the agenda as the National Assembly reconvenes in Abuja today after the Christmas and New Year break. The lawmakers took...

Oil marketers under the aegis of the Independent Petroleum Products Importers have said they owe some Nigerian banks over $1bn used for the importation of petroleum products, with accumulated interest of N160bn. They said the interest had accumulated because the...