A top military officer's 20 properties valued at over N3 billion and seven million have been forfeited to the Economic and Financial Crimes Commission, EFCC, on Monday. Aflac Plastics, Marhaba Events Place, and Atlasfield Gas Plant Limited were some of the companies that controlled the...

FG, States, LGCs Share 733.1bn for June 2021 The Federation Accounts Allocation Committee (FAAC) has distributed a total sum of N733.095 billion as June 2021 Federation Account Revenue to the Federal, States and Local Governments Councils. This was contained in a communiqué issued at the end...

FG vs ASUU: Before The Next Strike, by Kabiru Danladi Lawanti     In the last 40 years, the Nigerian Public Universities (both states and federal) have seen a gradual decline in terms of output quality and infrastructure, despite huge billions that accrued into these universities through...

FG Targets $70m Profit From Crude Supply To Indonesia     The Nigerian National Petroleum Corporation (NNPC) through its subsidiary, Duke Oil, has sealed a pact to supply 30,000 barrels per day crude oil supply to Indonesia’s state oil corporation, Pertamina and Indian Oil Corporation. The development, which...

FG Borrowed N1.3trn In Four Years To Subsidise Power Consumers - W/Bank     The Federal Government has borrowed a total of N1.3tn since 2017 to ensure that generation companies and gas suppliers received enough payments to continue generating electricity, the World Bank has said. The bank said...

Investments In FG’s Treasury Bills Weaken, Sales Fall 19% To N1.35trn       Investors’ interest in the Federal Government’s monetary instrument, the Nigeria Treasury Bill (NTB) has recorded a significant decline with 19 per cent, year-on-year, YoY, decline in sales to N1.35 trillion in the first five...