Past governments ran economy without recourse to liabilities– Adeosun
More reasons on why the economy plunged into recession have emerged. Speaking in Abeokuta, the Ogun State capital during a meeting with States Finance Commissioners Wednesday, the Minister of Finance, Mrs. Kemi Adeosun revealed that one of the key safety…
More FG officials confuse Nigerians on way out of recession
Beginning from late last year, the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele said government will soon sale non-performing national assets to raise fund to rejig the economy. Only recently, the National Economic Council (NEC) advised the federal…
CBN yet to reveal banks audit report
Considering high speculation on the would-be content of the ongoing stress test on commercial banks by the Central Bank of Nigeria (CBN), the apex bank has warned some segments of the press over misleading reports purporting to reveal decisions taken…
Merger of Customs, FIRS imminent–Report
If the recommendations of the National Tax Policy Review Committee are anything to go by, indications are rife that the Federal Government will merge the Federal Inland Revenue Service (FIRS) and Nigeria Customs Service (NCS). This, according to the Committee,…
We don’t get 60% forex, MAN tells CBN, seeks sale of assets
The Manufacturers Association of Nigeria (MAN) has disclosed that barley two weeks after the Central Bank of Nigeria (CBN) said foreign exchange allocation to the real sector would be increased to 60 per cent, banking are not complying with the…
Budget Padding: Twist as Reps Suspend Jibrin For 180 Days
The House of Representatives on Wednesday suspended the immediate former Chairman, Committee on Appropriation, Abdulmumin Jibrin, for 180 legislative days following the adoption of the recommendations of the Nicholas Ossai-led Ethics and Privileges Committee. The Committee laid the report earlier…
Developing Africa Our Collective Responsibility—Elumelu
Chairman of United Bank for Africa (UBA) and Founder of The Tony Elumelu Foundation, Mr. Tony Elumelu, has urged governments across Africa to unite on the implementation of policies designed for developments. In his remarks at the World Pension Summit…
CCB begins verification of declared assets by Amaechi, Fashola, Usman, others
The Code of Conduct Bureau (CCB) yesterday begun verification of assets declared by top serving and former public officers at the federal, state and local government levels. A statement by the Chairman of the CCB, Sam Saba, released by…
Present clear, consistent economic policies, Dangote tells Buhari
It was electric yesterday as Africa’s leading industrialist, Aliko Dangote told President Muhammadu Buhari in concrete terms to provide clear and consist policies in order to diversify the economy. He spoke during the 44th Annual General Meeting of the Manufacturers…
Crossfire as Minister Denies Involvement In MTN’s Money Transfers Allegation
Barley three days after Senator Dino Melaye stood on the floor of the Nigerian Senate to open up issues on an alleged illicit tranfar deal involving a serving minister, the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, MTN…
