Senate Threatens Non-performing Agencies Over 2025 Budget
The Senate, through its Finance Committee, has issued a stern warning to government agencies, threatening zero allocation in the 2025 budget for those failing to appear before it to account for funds allocated in the 2024 fiscal year.
During...
FX Market: Senate Rejects Bill Seeking Review of Regulations
The Senate has on Thursday rejected a bill seeking to review foreign exchange market regulations in Nigeria.
The piece of legislation sponsored by the Chairman, Senate Committee on Finance, Senator Sani Musa, (APC Niger East), also seeks...
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,...