Senate Gives NNPC Three Weeks to Respond to N210tn Audit Query
The Senate on Tuesday gave the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, three weeks to respond to queries raised in audit reports covering the period from 2017...
Senate Declares Emergency on Ponzi Scheme, Probes N1.3tn CBEX Collapse
The Senate on Wednesday launched a sweeping probe into the rise of Ponzi schemes in the country, following the catastrophic collapse of Crypto Bridge Exchange, a digital investment platform that allegedly fleeced Nigerians of over...
Senate Slams NNPCL for Rejecting N210trn Audit Investigation
The Nigerian National Petroleum Company Limited (NNPCL) on Thursday failed to appear before the Senate Committee on Public Accounts probing alleged financial discrepancies amounting to over N210tn in its audited reports from 2017 to 2023.
Despite being summoned,...
Senate Extends 2024 Budget Implementation to December
The Senate has approved a fresh extension of the implementation of the capital component of the 2024 national budget from June 30 to December 31.
The decision was reached during plenary on Tuesday, following the presentation and expeditious passage...
Senate Passes ₦1.81tn 2025 FCT Budget
The Senate has passed the 2025 FCT Statutory Appropriation Bill, authorising a total expenditure of about ₦1.81 trillion for the Federal Capital Territory for the 2025 fiscal year after a third reading.
The passage followed the presentation of the joint...
