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Senate gives AMCON powers to seize, sell debtors’ assets

The Senate, on Wednesday, passed an Asset Management Corporation of Nigeria (AMCON) Amendment bill that empowers the Corporation to, amongst others, take possession, manage...

VP, Governors, Ministers, CBN claim Obaseki’s allegation ‘outright false’

Having received presentations from the Minister of Finance, the Central Bank Governor, and the Nigerian Governors’ Forum (NGF), the National Economic Council (NEC) has...

Senate approves N257.18bn for Customs in 2021

The Senate, on Wednesday, approved the sum of N257,183,671,694.71 as budget for the Nigeria Customs Service (NCS) for the 2021 financial year. The approval followed...

Development of Sugar Sector Will Address Unemployment, insecurity, says NSDC boss

The Executive Secretary of National Sugar Development Council (NSDC), Mr. Zacch Adedeji, has disclosed that the Backward Integration Programme (BIP) roadmap of the Council...

Petrol Queues: NNPC increases daily PMS truck-out by 300% to 1, 661

The Nigerian National Petroleum Corporation (NNPC) said it had increased daily supply of Premium Motor Spirit (PMS) also known as petrol across the country...

Private Sector Asks FG To Account For $20m Safe School Fund Contributed In 2014

By Tony Udoka (Insidebusiness.ng)The day of reckoning came Tuesday as the Organised Private Sector (OPS) sought for the details of the $20 million donated...

Senate seeks to break power of Dangote, Lafarge, and BUA in cement market

■ Asks FG to introduce liberal policies to encourage local investors in cement production Disturbed over the rising price of cement in the open market...

Senate probes Customs invasion of rice traders’ shops at Bodija market

The Senate, on Tuesday, mandated the Committee on Ethics, Privileges and Public Petitions to investigate the alleged invasion of Rice Traders’ shops by men...

Nigeria printing money: The road to Zimbabwe & way out + Video

By Nick AguleWithin the last week a war of words has ensued over the management of the Nigerian economy with Gov Obaseki of Edo...

Fuel scarcity hits; NNPC says no plan for hike in May, but when will it be, as plans to withdraw subsidies afoot?

Amidst speculations of plans for petrol price and electricity tariff hike mid-year, the Nigerian National Petroleum corporation (NNPC) says it will not increase the...

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