We’ve Recovered Missing N5bn NHIS Funds – Sambo         The Executive Secretary, National Health Insurance Scheme, Prof. Nasir Sambo, has said the institution has recovered N5bn funds missing from the scheme. He also said the NHIS had capacity to recover more missing funds. Sambo said this while delivering...

Fed Govt Expects $26bn Diaspora Remittance To Rise         The Federal Government on Tuesday in Abuja called on Nigerians in the Diaspora to be part of its programmes and policies by investing at home for national development. The government which put the remittances from Nigerians in the...

China Approves Loan For $2.6bn AKK Gas Pipeline         China has approved and will disburse its 85 per cent loan required to fund the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, the Federal Government announced on Tuesday. Minister of Finance, Budget and National Planning, Zainab Ahmed, and Group Managing...

House Summons Finance Minister Over $36.1m World Bank Loan         The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, part of which was allocated...

Eight Banks Earn N26.73bn From International Trade Transactions         Eight Nigerian banks have earned a total of N26.73bn from commissions charged on Letters of Credit issued for international trade transactions from January to September. Analysis of the third-quarter financial reports of the eight banks indicated that this...

NASS Kicks As NCC Raises Wage Bill By N12bn         The National Assembly (NASS) has queried the Nigerian Communications Commission over a sharp increase in its proposed wage bill between for 2021. The parliament also criticised the hike in the financial provision for consultancy services. While the...