FG vows to Stop States’ Interference in LGs’ Finances The Federal Government has reiterated its resolve to end the long-standing interference by state governments in funds allocated to the 774 local government areas from the Federation Account. The pledge was made on Thursday in Abuja by...

Africa Can Tap Into New Sources Of Finance, Says IMF     The International Monetary Fund (IMF) says Africa could tap into new sources of finance with radical transparency. Managing Director, IMF, Ms Kristalina Georgieva made the remark during a High Level Knowledge Event of the virtual 2021...

NSIA Revenue Increases By 343% To N160bn       The Nigeria Sovereign Investment Authority, manager of Nigeria’s sovereign wealth fund, on Tuesday announced its audited results for 2020 financial year, reflecting a 343 per cent growth in income to N160bn. It said this was disclosed in its Audited...

Reps Probe NBET’s Finances In Six Years   The House of Representatives has resolved to investigate the activities of the Nigerian Bulk Electricity Trading Company from 2015 to 2020. The probe is based on a motion moved by Mr Muhammed Wudil and 24 others at the plenary...