The Federal Government has unveiled a document it tags the Economic Recovery and Growth Plan (ERGP). The Minister of Budget and National Planning, Udoma Udo Udoma, has presented the document to the National Economic Council. The minister listed the three “strategic...

House of Representatives panel has queried the Bureau of Public Enterprises (BPE) and the Abuja Electricity Distribution Company (AEDC) for their role in the sale of assets belonging to the Transmission Company of Nigeria (TCN). The ad-hoc panel probing the...

A total of 111 audit firms have started probing the 22 banks operating in the country for non-remittance of taxes and duties collected on behalf of the Federal Government. The PUNCH investigation showed that the firms were appointed by Revenue...

Flight tickets for the major airlines in the country have jumped by almost 40 percent due to the increase in the price of aviation fuel known as Jet-AI. A return ticket on the popular Abuja-Lagos route for the major domestic...

The plan by the Senate to repeal the Act establishing the Bank of Industry and replace it with a National Development Bank of Nigeria has been criticised by several professional groups and workers’ unions. And if the NDBN Bill, which...

A total sum of N386.879 billon has been disbursed as Federal Allocation for the month of November 2016 for the Federal Government, State Governments and Local Government Councils of the Federation. The figure was released after the meeting of the...