The House of Representatives has asked that the oil bench mark for the 2022 Budget proposal should be set at $60 per barrel. This will be different from the $57 brought by the executive. The House also called for zero allocation for government
– CBN directs report to NIBSS within 24 hours The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report Bank Verification Number (BVN) of a dead customers to Nigeria Interbank Settlement System (NIBSS) within 24 hours of confirmation.
– Says Youths Are Being Used By Politicians Imo State Governor, Senator Hope Uzodimma on Tuesday visited Aborshi Autonomous Community in Izombe in Oguta local government area to assess the level of damage caused by the recent face-off between youths from the community
A Federal High Court sitting in Lagos yesterday heard that a former Director General of the Nigeria Maritime and Administration Agency (NIMASA), Patrick Akpobolokemi, and his management team spent the agency’s N18 million meant for intelligence gathering, on massage chairs for themselves. A
The Assets Management Corporation of Nigeria (AMCON) has said it got N1,667,582,605.04 recovered by the Economic and Financial Crimes Commission (EFCC) between 2017 and July 5, 2021. The corporation said the money represented loan repayments recovered which were credited to its Central Bank
As his administration is close to ending, President Muhammadu Buhari, Tueday, directed ministers and permanent secretaries to redouble their efforts and work in synergy towards improving the livelihood of all Nigerians. President Buhari gave the directive at the end of the two-day mid-term
The House of Representatives on Tuesday approved the establishment of the South-West Development Commission (SWDC) and South-East Development Commission (SEDC). The House also approved special financial support for the revamping of the Armed Forces. These followed the consideration and adoption of several clauses
President Muhammadu Buhari on Monday declared open a two-day mid term ministerial performance review retreat in Abuja amid rumours of likely ‘sack’ of some more of his Ministers for poor performance. The retreat, which is being attended by Ministers, Permanent Secretaries and other
Again, there is total compliance to the rescinded Indigenous People of Biafra (IPOB) sit-at-home order within Owerri, the capital city of Imo State looking most ghostly. Last Monday as reported by Newstrack (newstrack.com.ng), Owerri and entire state witnessed a disquiet experience with report
Fresh moves by Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN) to thwart the prosecution of suspects in the Malabu oil scam, including one of his predecessors, Mohammed Adoke have been uncovered. The Malabu oil scandal involved the transfer of