NBC says N2.5bn payment to Pinnacle is Justified, As ICPC Queries Payment
Is’haq Kawu Modibbo, DG, NBC Following a query by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over the payment of N2.5 billion paid to…
Senate Expresses Commitment to Amend NDIC Act…Resolves to Assist in the Investigation and Prosecution of all Involved in the Collapse of Defunct Skye Bank
Umaru Ibrahim, MD/CEO NDIC The Chairman, Senate Committee on Banking, Insurance and Other Financial Institutions, Sen. Rafiu Adebayo, has expressed the committees commitment to accelerate the amendment of…
HIV: 9.4m People Unaware of Status — UNAIDS report
A new report, ‘Knowledge is Power’, has revealed that an estimated 9.4 million people who are infected with HIV virus are not aware. According to the report, released by…
Shell Cheated Nigeria of $406.7 million Undeclared shipments Revenue, FG says, as Court fixes Jan. 24 for Trial in its Suit Against Shell Western Supply
A Federal High Court in Lagos has set aside Jan. 24, 2018 for commencement of trial in a suit by the Federal Government, against Shell Western Supply…
FG saves over $3bn from privatization, commercialisation – BPE
The privatisation and commercialisation process has freed up over $3 billion consumed by Public Enterprises (PEs) annually in terms of subventions, waivers and unpaid taxes, the Bureau of Public Enterprises…
FG withdraws $3.12bn from NLNG account in 3 years; Senate suspects fraud
Twenty-two withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the Central Bank of Nigeria (CBN) in the last three years. This…
NLNG to engage Nigerian companies in $4bn Train 7 gas project
The Nigerian Liquefied Natural Gas Limited (NLNG) says it is planning to hire Nigerian companies in development of Train 7 gas project expected to commence soon. NLNG is targeting to…
Buhari admits Jonathan introduced BVN, TSA; but says he lacked the will to implement them
The Presidency has confirmed that the administration of Goodluck Jonathan introduced the BVN and TSA but said his administration lacked the will to implement these policies. Malam Garba Shehu, the…
Osinbajo Pledges Support for Nigeria’s CNN Heroes Honoree, Other Innovative Girls
The Vice President has received a delegation of Pearls Africa Foundation led by Abisoye Ajayi-Akinfolarin, who was named among the Top 10 CNN Heroes of 2018. “It is…
Academic Partnership: Collaboration will Improve Nigeria’s Human Capital Development, Says Osinbajo, as Caribbean University Partners Maritime University, Unilag
The academic partnership between Caribbean Maritime University (CMU) in Jamaica, and two Nigerian universities; University of Lagos and the Nigerian Maritime University, Okerenkoko, Delta State would be mutually…