Malami Named In $139m Bank Transfers, Reps Fault Process     The House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and...

W/Bank Demands Debt Transparency, Says Nigeria, Others Need $429bn   The World Bank has demanded debt transparency as a crucial step in countries’ development process, while it estimates that external financing needs in Nigeria and other low income developing countries will reach $429bn between 2023 and...

FG To Mandate Ownership Disclosure Of Oil Assets To Curb $1trn Losses   The Federal Government, through the recently established Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday, said it would become compulsory for oil and gas companies operating in the country to disclose their owners under...

Senate Panel Queries Spending Of Ministry’s N177m IGR, Suspends Defence   The Senate Committee on Trade and Investment on Monday suspended the budget defence of the Federal Ministry of Trade and Investment over what it described as vague documentation of N177m being the 20 per cent...

Nigeria Recieves $400,000 Grant From Afreximbank For Pharmaceutical Production   The African Export-Import Bank has awarded $400,000 in grant funding to the National Institute for Pharmaceutical Research and Development of Nigeria to boost pharmaceutical production in the country. According to Afreximbank, the grant is for the establishment...

NCC Targets N632bn Revenue From 5G Spectrum Sales     The Executive Vice Chairman of the National Communication Commission, Prof. Umar Danbatta, has again assured Nigerians of the safety of their health with the proposed 5G network. Danbatta also said the agency proposed to generate N632.39bn in 2022...