Imo Lecturer In Dilemma Over TETfund N10m Grant             A lecturer in the department of Electrical and Electronics from the Imo State University, (IMSU) Owerri in Imo State, Mr Christian Obinwa Ahamaefule is presently embroiled in a N10 million Tertiary Education Trust Fund(TETFUND) grant allegedly approved...

Senate Says No Capital Allocation For MDAs Without Revenue Projections           The Senate has threatened to reject the capital and overhead proposals of federal ministries, departments and agencies which failed to accompany their 2022 budget estimates with revenue projections for the fiscal year. The red chamber said...

Customs May Generate N500bn From Overtime Cargoes Auction             The Nigeria Customs Service (NCS) may rake in over N500 billion from over 8,000 overtime cargoes that are trapped at the port where the cargoes and the auctioning are subjected to due diligence. Sources at the Nigerian Shippers...

Insurance Sector Rebounds, Records 16.41% Growth In Q2, 2021             The insurance sector returned to growth path after recording 16.41 per cent growth in the second quarter of the 2021. This is according to statistics obtained on Sunday from the National Bureau of Statistics on second quarter...

Senate Indicts 39 MDAs Over N2.2bn Payment Advances           The Senate has indicted the Budget Office, the ministries of information, interior and 36 other federal agencies for allegedly failing to retire advances amounting to N2.2bn to the Federation Account. This is part of the Senate resolution after...

Fed Govt Opens $3bn Eurobond Borrowing Plan, Woos Local Investors             The Debt Management Office has disclosed that Nigeria is back in the International Capital Market after about three years with a plan to raise at least $3bn from Eurobond issuance. This was contained in a statement...