The Minister of Finance, Mrs. Kemi Adeosun, has brokered a resolution of the dispute between the National Pension Commission and the National Insurance Commission over a circular issued by PenCom directing life insurance companies to transfer their annuity asset holdings to Pension Fund Custodians. The...

Following the tension generated as a result of misconception and misrepresentation of the Nigeria Customs Service planned motor duty payment, the leadership of the National Assembly and the Comptroller-General of Customs, Col. Hameed Ali (Rtd) met with a view to resolving the impasse and...

  Former President, Chief Olusegun Obasanjo, has warned a former Attorney-General of the Federation and Minister of Justice, Mohammed Bello Adoke, to stop mentioning his name in the controversial $1.1 billion Malabu Oil deal. Olusegun Obasanjo said he considered the controversial award of OPL 245 oil...

The Minister of Agriculture, Chief Audu Ogbe said the policy on the ban of importation of rice and wheat has enabled the country to save $5 million daily. Chief Ogbe, who spoke in Garun Baba village in Kano during this year’s wheat farm harvest ceremony,...

The Minister of Finance, Mrs. Kemi Adeosun, has solicited the cooperation of the Central Bank of Nigeria (CBN) in extending the Bank Verification Number (BVN) regime to account holders in microfinance banks (MFBs). Adeosun said this would facilitate the detection of accounts, which might have...

The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigerian National Petroleum Corporation (NNPC) is yet to remit 15.8 billion dollars collected from Nigeria Liquefied Natural Gas (LNG) to the Federation account, in spite of the report submitted to the Federal Government. Acting Executive Secretary of...