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Economy

Confab Agrees On 3-Year Exit Plan On Subsidy Removal

The controversy that trailed the motion for the removal of fuel subsidy at the on-going national conference has finally rested after members through a...

Federal Gov’t To Invest $3 Billion In Power Transmission Expansion

The Chairman, Presidential Task Force on Power, Mr. Beks Dagogo-Jack, on Tuesday, June 3, 2014 said the Federal Government had sourced $3 billion to invest...

How Senate Committee Came Up With Findings For $49.8 Billion Allegedly Missing From NNPC

WHEN the letter he had earlier secretly written to President Goodluck Jonathan in December 2013, intimating the president of the sum of $49.8 billion...

We Demand Full Investigation Into Billions Spent On North-East – NLC

The Nigeria Labour Congress (NLC) yesterday called on President Goodluck Jonathan to carry out a full investigation into the activities and challenges of Nigeria’s...

House Of Reps Questions $500 Million Chinese Airport Loan

Federal House of Representative on Monday, June 2, 2014 questioned the Aviation Ministry over the appropriateness of securing $500 million Chinese Airport loan intended for the...

New CBN Governor Godwin Emefiele Assumes Office Today

Godwin Emefiele assumes office today as the Central Bank of Nigeria, CBN, Governor after the expiration of the tenure of Lamido Sanusi on May...

Akwa Ibom, Rivers, Delta Among Top 10 Federation Account Allocations In 2013

The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has revealed that the top 10 recipients of Federation Account allocation...

No Missing Billions At NNPC: Senate Clears Alison-Madueke, NNPC Over Sanusi Allegations

Nigeria's Senate Committee on Finance chaired by Senator Ahmed Mohammed Makarfi has submitted its report on the allegations of missing funds made by suspended...

Confab Delegates Vote To Enlist Churches, Mosques Into Tax Scheme

Delegates at the on- going National Conference yesterday voted to enlist churches, mosques and religious organizations into the tax. The delegates in their deliberation on...

Nigerians To Pay Marginal Increase In Fixed Electricity Bill – NERC

Nigerian's electricity regulatory body, Nigerian Electricity Regulatory Commission (NERC) has conducted the 2014 bi-annual review of the Multi Year Tariff Order (MYTO) and revealed...

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