Digital Currency: eNaira Transactions Hit N4b - Emefiele  The Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, has disclosed that transactions on CBN digital currency, the e-Naira, platform has hit N4 billion, since its launch in October, last year. The apex bank boss gave the...

Audits: Reps Query Agric Ministry’s N18bn Bush-clearing Contracts   The House of Representatives’ Committee on Public Accounts is investigating the Federal Ministry of Agriculture over the award of contracts worth about N18.9bn to several companies to clear bushes during the COVID-19 lockdown. Chairman of the committee, Oluwole...

Fed Govt To Launch $750m World Bank-backed Programme   The Presidential Enabling Business Environment Council, on Tuesday, unveiled its plans to kickstart a $750m World Bank-funded programme in January next year. This was as Vice President Yemi Osinbajo, on Tuesday, said the kind of business environment Nigeria...

Pension Fund Assets Gain N388.98bn In Q2, 2022   Pension fund assets have risen by N388.98 billion, according to the second quarter (Q2) 2022 report released yesterday by the National Pension Commission (PenCom). The pension assets rose quarterly by N388.98 billion from the N13.88 trillion recorded at...

Reps To NPA: Resolve $753m, N1.61bn Debts Immediately   The House of Representatives’ Committee on Public Accounts, on Tuesday, ordered the Nigerian Ports Authority to immediately call a meeting with firms operating Nigeria’s ports to determine their actual indebtedness to the Federal Government. This is based on...

Audit Report: NSITF Under Fire In Senate Over N17.2bn Transfer   The present and past management of the Nigeria Social Insurance Trust Fund have come under fire in the Senate for failing to justify its spending of N17.158 billion in 2013 with required evidential documents, some...