Accountant-General Denies Allegation Of Improper N173bn Payments     The Office of the Accountant-General of the Federation on Sunday said it denied that it made N173bn payments without proper records. A non-governmental organisation, Human and Environmental Development Agenda, had stated that the OAGF paid N173bn to ministries, departments...

Rivers, Lagos Lead As States Domestic Debts Hit N4.1trn   The total domestic debts for the 36 states of federation and the Federal Capital Territory stood at N4.1tn as of the end of March, 2020, the Debt Management Office has disclosed. According to the DMO, Lagos led...

Ngige Approved N3.4bn NSITF Training Fund - Management     The embattled former management of the Nigeria Social Insurance Trust Fund has said all training, contracts and rehabilitation it carried out received the approvals of the Federal Ministry of Labour and Employment and the National Assembly. Ngige had...

African Risk Capacity Grants $2.13m to Madagascar for Drought Response   Madagascar Minister of Finance, Minister of Foreign Affairs, Minister of Agriculture and ARC Partners during the ceremony Johannesburg, South Africa, July 03, 2020 - The Government of Madagascar today received a symbolic cheque in the amount...

In Ten Year, Nigeria Attracted $8bn PPP Project Investments – ICRC     Public Private Partnerships (PPP) projects have attracted about $8bn (about N2.8trn) to Nigeria in the past ten years, the Director-General, Infrastructure Concession and Regulatory Commission (ICRC), Mr. Chidi Izuwah) has said. Mr. Izuwah disclosed this...

AMCON Takes Over Pan Ocean Assets Over N240bn Debt   The Federal High Court, presided over by Justice A.M. Liman, in the suit between the Asset Management Corporation of Nigeria (AMCON) vs Everest Nominees Limited, and Dr. Bolaji Ogundare, a subsidiary of Pan Ocean Group, has...