The House of Representatives Adhoc Committee on $17 billion stolen from undeclared crude oil and liquefied natural gas from Nigeria, yesterday, walked out officials of Central Bank of Nigeria, CBN; National Petroleum Development Corporation, NPDC, and Department of Petroleum Resources, DPR, as they were...

The Federal Government has commenced payment for electricity bills owed by Ministries, Departments and Agencies (MDAs) as Abuja Distribution Company gets N374.5million. A communique issued after the monthly power sector meeting held at the Transmission’s National Control Centre, Osogbo yesterday said the payment ýwas for...

Further pressure is coming on Nigeria’s banks following moves by the National Assembly to mop up an estimated N3 trillion from dormant accounts of living and dead persons in the banking system. Under ongoing moves in the Senate, the funds are to be polled into...

Nigeria Labour Congress, NLC, Ayuba Wabba said private and public employers in the country were convinced that the N18,000 national minimum wage was no longer realistic, considering the present socio-economic indices in the country. His statement came a few days after the Technical Committee on...

President Muhammadu Buhari is not satisfied with the way some corruption-related cases are being handled by relevant government agencies since the inception of his administration. The President, it was further learnt, had therefore directed the heads of the agencies to put their houses in order...

The Emir of Kano, Muhammadu Sanusi ll, has faulted the present administration’s economic model, saying it would not work. Sanusi, who spoke at the Kaduna State Economic Summit in Kaduna, the state capital, also berated northern leaders, saying the North-West and the North-East remained the...