House Rejects Bid to Transfer Sovereign Wealth Fund to Finance Ministry The House of Representatives at the plenary yesterday rejected the bill seeking to repeal the Nigeria Sovereign Investment Authority (NSIA) Act, 2011 and transfer its assets and liabilities to the Ministry of Finance Incorporated. The...

Reps Summon NNPC Chief Over N3.9bn Non-remittance       The House of Representatives Committee on Public Accounts is expecting the Group Managing Director, Nigerian National Petroleum Corporation, Mr Mele Kyari, to appear before it on Thursday over an audit query issued by the Office of the Auditor...

Reps Probe NNPC, CBN, FIRS, 259 Others Over Breach Of Financial Rules   The House of Representatives is to commence a full investigation into the activities of all government-owned agencies including Nigerian National Petroleum Corporation (NNPC), Central Bank of Nigeria (CBN), Federal Inland Revenue Service (FIRS),...