There were indications that former Nigerian leaders, traditional and religious leaders from across the country were listed as beneficiaries of the $2.1bn arms funds in the final report of the Presidential panel which probed military contracts from 2007 to 2015.
It was gathered that the...
The Northeast has lost over $9 billion to insurgency in the last seven years.
This is as the National Assembly has also appropriated N12 billion in the 2017 budget to rebuild the zone.
Vice Chairman of the Presidential Committee on Northeast Initiative (PCNI), Tijani Tumsah, addressed...
• Adjusts tenure of CCB boss, members
• Senators exchange words over amendments
The National Assembly transferred the power of the president to control the Code of Conduct Bureau (CCB) and the Code of Conduct Tribunal (CCT) to itself.
At the conclusion of work on the bill...
Barely a week after it sold its downstream subsidiary in Nigeria, United States’ oil giant, ExxonMobil Corporation, has announced the discovery of up to one billion barrels of oil reserves in the Owowo field, offshore Nigeria.
The development is a boost to Nigeria’s efforts to...
Finance Minister, Mrs. Kemi Adeosun gave some insight on the Federal Government’s borrowing plans and how it intends to spend the $29.960 billion foreign loans to address infrastructure deficit in the country.
Speaking through her Special Assistant, Media, Festus Akanbi, Adeosun said the external borrowing...
The House of Representatives moved to save the Asset Management Corporation of Nigeria (AMCON) from collapse over funds owed them by a firm, Obligo.
Obligo is an international management company with an established institutional investor platform and focus on investing in and managing real estate...
