Senate Orders N300bn Refund From NPA, BPE, 57 Agencies     The Senate on Tuesday directed 59 Federal Government agencies to return over N300bn funds allegedly misappropriated by them to the federation account. It specifically ordered that all monies illegally spent by the affected agencies including the Nigerian...

Senate Indicts NSA Over Alleged Diversion Of $2.3bn, Others       The Senate has indicted the Office of the National Security Adviser (NSA) over an alleged diversion of N1,075,266,599.06, $2,301,329.54 and €196,257.42 by the Nigerian Ports Authority (NPA). Apart from asking the Economic and Financial Crimes Commission (EFCC)...

In Six Years, Buhari Regime Has Borrowed $2.02bn From China       The Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office on Monday showed. According to the statistics obtained from the DMO, Nigeria’s total debt from China as...

Nigeria Records N5trn Non-oil Exports       More than N5 trillion non-oil export cargoes were ferried out of the country in the fourth quarter of last year. The goods were shipped out of Lagos ports and formed part of the total export goods valued at about N6 trillion. Customs...

Reps Plan to Prevent NCC, NPA, NIMASA from spending revenue The House of Representatives is moving to prevent some ministries, departments and agencies from further spending and diverting the revenue they generate, especially the Nigerian Ports Authority, the Nigerian Communications Commission and the Nigerian Maritime...

FG Loses $90m Yearly To Lagos Airport Concession — Reps         The House of Representatives has said the federal government loses over $90 million annually due to alleged shady deals involved in the concession of the local and international wings of the Murtala Muhammed Airport, Lagos...