Why Buhari Has Not Signed PIGB Into Law - Experts   President Muhammadu Buhari, has not signed the harmonised version of the Petroleum Industry Governance Bill (PIGB) into law because he is still studying the document to adequately understand its content, experts in the petroleum industry...

2018 Budget Deficit Hits N1.950 trn   The federal Government budget for 2018 just assented to by President Muhammadu Buhari has an overall budget deficit of N1.950 trillion. Minister of Budget and National Planning, Senator Udoma Udo Udoma stated this in his public presentation and breakdown of...

Senate Drops One Of Buhari’s CBN Board Nominees, Confirms Four The Senate has confirmed four of the five members of the board of the Central Bank of Nigeria nominated by President Muhammadu Buhari. The Senate Committee on Banking, Insurance and Other Financial Institutions had screened the...

Buhari Yet to Receive 2018 Budget   President Muhammadu Buhari has yet to receive the 2018 budget, one week after it was passed by the National Assembly. The Minister of Budget and National Planning, Udoma Udo Udoma, disclosed after the Federal Executive Council (FEC) meeting on Wednesday. The...

Nigeria’s Foreign Reserve Hits $47bn Says President Buhari   President Muhammadu Buhari yesterday said the country`s foreign reserve has risen to $47 billion as at April 9, 2018 up from $29.6 billion in May 2015. He made this disclosure at the 17th National Productivity Day and Conferment...

NNPC Loses N546bn To Failure Of Reforms In Three Years   Failure by the President Muhammadu Buhari-led administration to reform the oil and gas sector has pushed the Nigerian National Petroleum Corporation (NNPC)’s revenue loss to over N546 billion. The trend does not only represent the loss...