TSA: FG Generates N10trn From 1,674 MDAs
Since the start of the implementation of the Treasury Single Account in 2012, the Federal Government has collected over N10trn from 1,674 Ministries, Departments and Agencies.
The TSA initiative, which is one of the public financial management reforms, had...
Cyber Terrorists Target Nigerian Banks, Others
Hackers believed to have emanted from Asia are gearing for a massive cyber-attack targeting companies, including banks and government agencies in Nigeria, according to experts.
This is coming as security teams around the world pay close attention to cyber threats...
Buhari Orders MDAs to Defend Budget at NASS
President Muhammadu Buhari, has directed ministries, agencies and departments (MDAs) yet to defend their 2018 budget proposal before the National Assembly (NASS) to do so without delay.
The directive is to fasttrack the passage of the 2018 budget...
FG Releases N750bn Capital Projects Fund to MDAs
The Federal Government has commenced the release of the N750 billion capital projects for 2017 to Ministries, departments and agencies(MDAs).
Finance Minister, Mrs. Kemi Adeosun stated this in her budget defense when she appeared before Senate Committee on...
The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned former Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Umar Munir Abubakar and four other top officials of the fund before an Abuja High Court in Apo over an N18billionfraud.
Other defendants are...
Discos flay plans to escrow their accounts
The Nigerian Electricity Regulatory Commission (NERC), is set to release a minimum recapitalisation level required to be met by core investors in the power sector.
NERC identified capital adequacy as a major issue in the power sector, pointing out...
