The Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has decried the non-dredging of the Calabar Channel which has impeded vessels coming into the Calabar Port to the detriment of the terminal operators and other users of the...

In its bid to tackle environmental pollution and global warming, the Nigerian National Petroleum Corporation (NNPC) has said it had succeeded in reducing gas flaring in by 26 percentage points in the last 10 years from 36 to 10. It said this had improved Nigeria...

The Federal Government on Thursday extended the implementation of the capital component of the 2016 budget from March 31 to May 5, or till the passage of the 2017 budget, whichever is earliest. The Ministry of Finance said in a statement that already, the Accountant-General...

A total of 3,190 vehicles were seized by the Nigeria Customs Services in 2015 and 2016 as part of its anti-smuggling activities, figures obtained from the agency showed. The 3,190 vehicles for the two-year period, according to the NCS, have a total duty paid value...

The attention of the management of the Federal Ministry of Finance has been drawn to a story in The Punch newspaper of Tuesday, March 28, 2017 entitled, “Probe Uncovers Massive Fraud in YouWin Programme.” It will be recalled that the current administration inherited YouWin as...

The Federal Ministry of Finance has announced details of members of the board and management of the newly licensed Development Bank of Nigeria (DBN). The Management team is led by Mr. Tony Okpanachi, a banker and erstwhile Deputy Managing Director/Deputy CEO, Ecobank Nigeria Limited. Before his appointment...