Senate Demands N3.2bn Tractor Loan Recovery   The Senate has indicted the Bank of Agriculture in Kaduna over a N3.2bn loan disbursed to 10 vendors to purchase tractors and other equipment for allocation to end users. The indictment was sequel to the 2016 report of the Auditor...

Fed Govt Dumps 5% Telecom Tax Waiver   The Federal Government is reportedly set to proceed with its implementation of a five per cent excise duty tax on mobile telephone services, fixed telephone, and Internet services. This is despite a recent communication by the Minister of Communications...

NBS only Agency Authorised to Issue Unemployment Figures in Nigeria, Says Satistician-General   The Statistician-General of the Federation, Prince Semiu Adeyemi Adeniran, has cautioned Nigerians and urged them to discard and disregard any unemployment figures or data coming from any other body or organisation aside the...

Malami to Reps: $2.4bn Diversion Claim Baseless, Lacks Merit   The Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), has told the House of Representatives that the allegation that 48 million barrels of crude oil valued at over $2.4bn were sold to...

FEC Approves N6bn for New Agric Ministry The Federal Executive Council has approved the construction of the corporate headquarters of the Ministry of Agriculture and Rural development. The minister of agriculture, Mohammad Abubakar, who disclosed this to State House Correspondents, said an initial sum of N6...

Devt Bank Loaned MSMEs N149bn in 2022 – Report The Development Bank of Nigeria report has revealed that about 105,000 micro, small, and medium-scale enterprises borrowed N149.6bn in 2022. This was disclosed in the Annual Integrated and Statutory Report 2022 released during the bank’s Annual General...