Senate Confirms Omolola Oloworaran's Appointment as PenCom DG   The Senate has confirmed the appointment of Ms Omolola Oloworaran as the Director General of the National Pension Commission (PenCom). This was disclosed by PenCom in a statement made available to the media yesterday. PenCom said the confirmation followed...

Alleged Sabotage: Senate Postpones Public Hearing for NNPC, Dangote, Others The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry. The Senate explained that the hearing was postponed for wider consultations with stakeholders whose input and participation would add value to...

Nigeria: Imperative of Salvaging a Blessed, Yet Poor Nation By Engr. Sunday Samuel Nigeria is indeed blessed among all nations of the world, yet it remains impoverished and vulnerable. The only path I see for this country to move forward is by shunning any form of...

Senate to Impose N50m Fine on Unlicensed Insurance Firms The Senate has proposed a fine of N50m to the principal officers of insurance companies operating without valid licenses or that they be sentenced to a two-year prison term or both. It proposed this in a bill...

Senate to Probe NNPC, Dangote over $1.5bn Refinery Project The Senate has questioned the $1.5bn approved in 2021 for the turn-around maintenance of the Port Harcourt Refining and Petrochemical Company with little or no result. It also vowed to probe allegations of sabotage to the supply...

Senate Raises Ways And Means Advance to 10% The two chambers of the National Assembly yesterday passed a bill to raise ways and means advances to 10 per cent. The existing law provides that the advance by the Central Bank of Nigeria (CBN) must not exceed...