The Federal Government is proposing to fund part of the 2017 budget deficit of N2.69tn from funds recovered from treasury looters. The proposal is contained in the Medium Term Expenditure Framework/Fiscal Strategy Paper, which was submitted to the National Assembly. The...

Vice President Yemi Osinbajo has stated that opportunities in the petroleum industry were narrowing and might be over sooner than expected as a result of the increasing breakthroughs in renewable energy use as well as the expansion in the...

Hopes that the country’s inflation rate would moderate as a result of the various intervention programmes of the government were dashed as the National Bureau of Statistics announced that the Consumer Price Index, which measures inflation rate, rose to...

Some faceless but powerful persons recently launched a campaign of calumny against the Financial Reporting Council of Nigeria, FRC and in particular, its Executive Secretary/CEO,Jim Obazee. Their aim is to rubbish the integrity of Obazee and put FRC into...

Strong indications have emerged that the leadership of the Senate and the Presidency have reached a deal on the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper earlier rejected by the upper chamber of the National Assembly. A source...

The Minister of State, Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has expressed grave concern and disappointment on the recent pipeline attacks by militants in the Niger Delta region, noting that three attacks have taken place over the last two...