The Senate has opened the probe into the alleged fraudulent repatriation of $13.92 billion from Nigeria by the Minister of Trade, Industry and Investment, Dr. Okechukwu Enelamah, in collusion with MTN Nigeria Limited, without authorisation. According to the Senate, MTN, in collaboration with the minister, exploited the...

The third quarter (Q3) 2016 “Credit Conditions Survey Report” has revealed increase in secured and unsecured credit availability to households, small businesses and corporate entities, compared with the previous quarter. The report by the Central Bank of Nigeria (CBN) also showed that spread on overall...

The Speaker of the House of Representatives, Yakubu Dogara; Governor of Sokoto State, Aminu Tambuwal; Deputy Senate President, Ike Ekweremadu; and other civil society organisations has faulted the country’s current budgeting process, stating that it did not support inclusiveness. They made their position known in...

The Nigerian Communications Commission has written the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, demanding the transfer of the initial N50bn paid by MTN Nigeria Communications to the regulator’s account with the Central Bank of Nigeria. The Executive Vice Chairman,...

The Minister of Finance, Mrs. Kemi Adeosun, has said that she cannot predict when the nation will get out of the current economic recession. She, however, said that some of the efforts of the government to reflate the economy had started yielding results. The minister, who...

...Economic Mgt Team rolls out new measures including asset sales to revive economy ...N50bn disbursed to states under budget support facility ...Senators: Buhari’s rigid anti-corruption policy scaring investors, killing economy ...House asks FG to revisit policies, TSA, backs cabinet reshuffle The National Economic Council (NEC) has expressed support...