(Special Report) What’s disclosure level of FG’s $47b projects-tied Chinese loans?
The global standard tenets in corporate governance are resting on the tripod of disclosure especially when it comes to issues of financial expenses either in private or public life. Granted that the above remains a ground norm, it means that…
Taxpayers’ may stop compliance over none release of funds for capital projects, others
For the first time in Nigeria’s budgetary regime and national planning, current administration of President Muhammadu Buhari’s second term can be said to be the first time the economy has been with a signed national budget, but no release of…
Capital market, several sectors in limbo as equities await Buhari’s cabinet
The dangers of delays in governance are beginning to play out in a number of critical sectors of the economy following the observed delay by President Muhammadu Buhari in forming his cabinet getting to two months after his inauguration. Already,…
Just in: SFG to Business Hilights story: Technocrats-filled ministerial list getting ready
Less than 10 hours after Business Hilights published a research based story captioned; ‘Nigeria: Standstill As FG Misses Five FEC Meetings Since Inauguration,’ https://businesshilights.com.ng/nigeria-standstill-as-fg-misses-five-fec-meetings-since-inauguration/, the Secretary to the Federal Government (SFG), Mr. Boss Mustapha, has responded in a terse statement,…
Just in: Finance Minister, Adeosun resigns over mounting pressure on fake NYSC cert
…Lawyers seek immediate trial to demonstrate Buhari’s stand on corruption Strong indications emerged Friday afternoon that the Minister of Finance, Mrs Kemi Adeosun, has resigned as a member of the Federal Executive Council (FEC). Whereas efforts to get confirmation from…
Leave performing airports, concession failing ones, Expert tells FG
Following the trending tweet by Vice president, Prof Yemi Osinbajo, on Monday, announcing that the federal executive council has agreed to the concession of the Murtala Muhammed Airport, Lagos and Nnamdi Azikiwe Airport, Abuja, aviation expert, Mojeed Aina has advised…
Breaking: Buhari cancels FEC meeting today, receives reports on SGF, NIA
Contrary to earlier hopes that returned President Muhammadu Buhari will today, Wednesday chair for the first time in more than three months, the constitutional Federal Executive Council (FEC) meeting, Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi…
FG approves release of N2.7tn debts owed contractors, pensioners to enliven economy
One of the most cheerful news for the economy from Wednesday’s Federal Executive Council (FEC) can be said to be the rare approval handed down to proposal presented by the Ministry of Finance to offset accumulated Federal Government’s N2.7tn debts….
Market women link high price of Garri to Fulani herdsmen attacks in Edo, Delta farms
Fresh angle has emerged on why the market price of Garri, Nigerian’s leading staple ‘swallow’ food had been on the rising trend in the last few months even as other domestic foodstuffs are on the downward stretch. Outcries from almost…
How FG abandoned completion of Ajaokuta Steel complex at 98% in 1994
The bitter truth is that in 1994, the firm was just in need of $400m for completion, but now, it will need more than $1.21bn to revive it. The said facility will come in two trenches. First; about $513m to…
