Senate Summons Ex-NSITF Bosses Over Alleged N84bn Embezzlement
The Senate has summoned former managing directors of the Nigeria Social Insurance Trust Fund ( NSITF) over alleged missing financial documents in the agency.
The former NSITF bosses are expected to appear before the Senate Public Accounts Committee...
Senate Berates NSITF Management Over Alleged N84bn Embezzlement
The Senate on Monday berated the management of the Nigeria Social Insurance Trust Fund over an alleged misappropriation of N84bn within four years.
The Senate Public Accounts Committee stated this while scrutinising the 2017 report of the Auditor...
Investors Gain N84bn As Equities Market Rebounds
Investors gained N84.9 billion at the close of trading on domestic equities market yesterday with the capitalisation rising to N12.4tn while year to date loss moderated to -11.0%.
The All-Share Index (ASI) also rose 77bps to close at 23,892.92...
SON System Failure: Port Records N84bn Loss In Two Weeks
The failure of the server of the Standards Organisation of Nigeria to link importers to the Customs server for the clearance of goods has reportedly cost the port industry N84bn in the past 14 days.
Importers...
Fed Govt's February Bond Oversubscribed By N84bn
The Federal Government’s bond for the month of February worth N150bn which was offered on Wednesday was oversubscribed by over N84bn.
The Debt Management Office disclosed on Thursday that the trend of oversubscription at the FGN bond auctions for...
FG Lost N84bn To Ailing Refineries In 11 Months
The nation’s refineries made a total loss of N84bn from January to November last year, as they continued to operate far below their installed capacity.
The refineries are the Warri Refining and Petrochemical Company, Port Harcourt Refining...
