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How NEMA Boss, Maihaja Blows N1.6bn Flood Fund On Fake Companies

How NEMA Boss, Maihaja Blows N1.6bn Flood Fund On Fake Companies     The House of Representatives has discovered how Diretor General of the National Emergency Management Agency (NEMA), Engr Mustapha Maihaja blew a whopping sum of N1.6bn released to him by the Federal Government in July...

Committee Report On 2018 Budget Ready Next Week Says Saraki

Committee Report On 2018 Budget Ready Next Week Says Saraki     President of the Senate, Bukola Saraki, has said the Committee on Appropriations is expected to present a harmonised report on the 2018 Appropriation Bill next week. The Senate committees have been given till Friday to present...

EFCC charges Heritage Bank MD, Sekibo, To Court Over Alleged N605m Fraud

EFCC charges Heritage Bank MD, Sekibo, To Court Over Alleged N605m Fraud     The Economic and Financial Crimes Commission has charged the Managing Director of Heritage Bank, Ifiesimama Sekibo, before the Federal High Court in Lagos for an alleged fraud of N605,321,051.05. Joined with Sekibo in the...

NERC Orders Discos To Engage Independent Meter Providers

NERC Orders Discos To Engage Independent Meter Providers   The Nigerian Electricity Regulatory Commission on Tuesday ordered the 11 power distribution companies to engage the services of the recently approved independent Meter Asset Providers in order to effectively bridge the over 4.74 million metering gap in...

2018 Budget: National Assembly Begins Public Hearing Today

2018 Budget: National Assembly Begins Public Hearing Today   The National Assembly will today (Tuesday) and Wednesday hold a public hearing on the 2018 Appropriation Bill. The hearing is jointly organised by the Senate and House of Representatives’ Committees on Appropriations, according to an advertisement published in...

Senate Confirms Aisha Ahmad, Edward Adamu As CBN Deputy Governors

Senate Confirms Aisha Ahmad, Edward Adamu As CBN Deputy Governors The Senate thursday confirmed the nominations of Mrs. Aisha Ahmad and Mr. Edward Adamu as deputy governors of the Central Bank of Nigeria, paving the way for the Monetary Policy Committee (MPC) of the Bank...