Senate Investigates N30trn Ways and Means Under Previous Administrations The Senate has initiated a thorough investigation into the utilization of the N30 trillion Ways and Means loans procured during the tenure of former President Muhammadu Buhari. These loans, facilitated by the Central Bank of Nigeria to...

Tinubu Seeks Confirmation of Chairman, Members CBN Monetary Policy Committee President Bola Tinubu has sought the confirmation of the Senate for the appointment of a Chairman and Members for the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC). Tinubu’s request was conveyed in a letter...

N100bn Gas Project: Senate Orders Edun to Give Implication Details in Seven Days  Senate Committee on Gas has given the Finance Minister, Wale Edun, a-seven-day ultimatum to provide details of the award and disbursement of over N100bn to companies engaged in the handling of the...

Senate Summons Cardoso over Naira Free Fall The Senate has summoned the Governor of Central Bank of Nigeria, Olayemi Cardoso, to appear before it on Tuesday next week for questioning. The Committee on Banking, Insurance and Other Financial Institutions issued the order to answer questions on...

Senate Consents to Tinubu’s Loan Request of $7.4 billion, 100 million Euros The Senate has approved President Bola Tinubu’s request on the 2022-2024 external borrowing plan of $7.4 billion and 100 million euros. This followed the adoption of the report of the Senate Committee on Local...

UPDATE: Key Fundamentals of N28.7trn 2024 Appropriation Bill Passed by Senate   The Nigerian Senate has passed the 2024 Appropriation Bill. The Senate also increased the bill by a total of N1.2tn, moving the budget from the N27.5tn submitted by President Bola Ahmed Tinubu to N28.7tn. The budget...