Forensic Accounting Panacea to Corruption – Expert The President, Chartered Institute of Forensic and Investigative Auditors in Nigeria (CIFIA) Mrs Victoria Enape has said that forensic accounting was the only way to control fraud. She spoke during a Public Hearing organised by Senate Committee on Establishment...

Senate Adjourns Over Fire Scare The Senate on Thursday adjourned plenary abruptly following a fire scare in the chamber, Economic Confidential can report. Huge smoke had engulfed the chamber and the suspected cause forced the air-conditioning system to cease functioning. The source of the smoke, which had...

2018:  N10bn Solar Streetlight Project In Varsities Under Scrutiny The Senate Committee on Power, Steel Development and Metallurgy on Thursday criticised a solar-powered streetlight project in nine universities across the country valued at N10bn. The committee also turned back the Minister of Power, Works and Housing,...

The Senate on Thursday passed the Bill on Nigerian Automotive Industry Development Plan, as part of efforts to transform the automotive industry. This followed the clause by clause consideration of the bill by the lawmakers during plenary in Abuja. Presenting the report, Chairman, Senate...

The Senate has blamed the Central Bank of Nigeria in its investigation of the alleged illegal repatriation of $13.9bn by the telecommunication giant, MTN. Adopting the report by the Committee on Banking, Insurance and Other Financial Institutions on the probe at the plenary, the Senate...

The Senate has warned that about 4,000 jobs may be lost in the telecommunications industry, following the $1.2bn Etisalat loan. This is inevitable unless the relevant government agencies move swiftly to salvage the fallout of the takeover of 9mobile (Etisalat Nigeria), by 13 local...