Senate Grills NBET's Survival on N60m Amidst N858bn Budget   The Senate yesterday queried how the Nigerian Bulk Electricity Trading Plc (NBET) managed to stay afloat in the 2025 fiscal year despite receiving only N60 million out of the N858 billion appropriated for it in the...

N’Assembly to Launch Investigation into N4trn Revenue Shortfall The National Assembly Joint Committee on Finance on Monday set up a special panel to investigate the revenue shortfall totalling N4tn due to indiscriminate waivers granted to agencies of government. The resolution of the Committee, co-chaired by Senator...

Senate Empowers Banks To Recover Loans Without Borrowers Consent       The Senate on Tuesday, passed for second reading, a bill to allow banks recover loans from defaulters, place them on watchlist and eventually blacklist them without recourse to the borrowers. The bill sponsored by Senator Sani Musa,...