How NHIS Spent N4.93bn On Pre-retirement Overseas Training, Others — AGF   The Office of the Auditor General for the Federation has uncovered about N4.93bn unapproved allowances paid by the management of the National Health Insurance Scheme to its members of staff. The discovery is contained in...

Energy Experts Fault FG’s $62bn Claim Against Oil Majors   Energy experts have raised concerns over the push by the Federal Government to recover $62bn from International Oil Companies operating in the country, following the amendment of Deep Offshore (and Inland Basin Production Sharing Contract) Act. Last...

Banks’ Credit To Real Estate Drops By N122bn In One Year   Commercial banks’ credit to the real estate sector dropped by N122bn in the last one year, data from the National Bureau of Statistics had shown. According to the NBS data, the credit dropped from the...

Reps Investigate N600bn Monthly Revenue Loss At Lagos Ports   The House of Representatives has begun investigation into infrastructural decay at the Apapa and Tin Can Island Ports in Lagos, leading to the loss of N600bn revenue monthly. The House urged the Nigeria Ports Authority and other...

Senate To Investigate PPPRA Over N800bn For Roads – Lawan President of the Senate, Ahmad Lawan, has said the Senate will investigate the Petroleum Products Pricing Regulatory Agency over alleged non-remittance of N800 billion to the Federal Roads Maintenance Agency (FERMA) for the maintenance of...

Discos Revenue Collection Increases To N466bn   The collection of revenue from users of electricity across the country by power distribution companies has increased to N466bn, the Association of Nigerian Electricity Distributors announced on Tuesday. ANED said Discos had raised electricity revenue collection by N43bn in the...