Nigerian Oil Firms, Others Ranked Worst Offenders, Abandon UN 2060 Zero Emission Race Nigerian oil and gas firms, including top international oil companies, have been ranked among some of the worst offenders in the implementation of the 2015 Paris climate deal, multinational nonprofit platform, CDP...

Paris Club Refund: Govs Ask Banks To Stop $418m Consultants Pay         The Nigeria Governors’ Forum (NGF) has asked banks not to proceed with the payment of $418.9 million to consultants as directed by the Minister of Finance, Budget and National Planning, Zainab Ahmed. The minister had...

ALGON Recovers $2.6bn Unremitted Paris Club Loan Refund     The Association of Local Governments of Nigeria on Thursday said it has recovered its $2.6bn unremitted Paris Club Loan Refund meant for Local Government Councils in the country which was disbursed to the states by the Federal...

FG Disburses N71.3bn Paris Club Refund To UBEC The Federal Government has released the sum of N71.3bn from the Paris Club refund to the Universal Basic Education Commission for the provision of much-needed infrastructure in public primary and secondary schools across the country. The UBEC Executive...

Paris Club: FG Recalls Five States Disbursements It may have drew the ire of some, but the Federal Government, yesterday, ordered the recall of the second tranche of London and Paris Club Refunds disbursed to five states, amounting to about $2.7 billion (N972 billion.) No reason...

The Federal Government has approved the sum of N522.74bn to be paid to the 36 state of the federation as part of the reimbursement for the over-deduction on the Paris Club loan. The development was confirmed in a statement issued by the Federal Ministry of...