House Summons Auditor General Over $36.1m W/Bank Loan         The House of Representatives has summoned the acting Auditor General of the Federation, Mr Aghughu Adolphus, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, to the office. The House Committee on...

Operators Give Investment Conditions As Pension Funds Hit N11.57trn         The Pension Funds Operators Association of Nigeria has said Pension Fund Custodians and Pension Fund Administrators will obey the guidelines given to them by the National Pension Commission before releasing the growing funds in their custody...

FAAN Generated N30bn Revenue In Nine Months         The Federal Airports Authority of Nigeria said it generated N30bn as revenue between January and September 2020. The Managing Director, FAAN, Captain Rabiu Yadudu, disclosed this on Tuesday when the House of Representatives Committee on Aviation led by its...

Nigeria’s Crude Oil Earnings Rebound By 116% – OPEC         The Federal Government’s earnings from the export of crude oil has recorded a rebound of 116 per cent, the Organisation of Petroleum Exporting Countries disclosed on Tuesday. OPEC said the 116 per cent rebound was recorded in...

Marketers Kick Against N5 Reduction In Petrol Pump Price         Against the backdrop of the N5 reduction in the price of Premium Motor Spirit (petrol) announced by the Federal Government, fuel marketers have said it is not possible to sell the product at N162 per litre...

Airports Concession, Others Will Go Ahead Despite Opposition – FG         Moves to concession Nigeria’s four major airports and the establishment of a national carrier are still on course and the results will materialise soon, the Federal Government said on Monday. The Minister of Aviation, Hadi Sirika,...