By our reporter/ Nigeria will receive $3.35 billion as its share of the International Monetary Fund (IMF) $650bn special drawing rights (SDRs) to help boost the liquidity of member countries.…
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Category: Economy
N4.9trn not missing from federation account in the 2019 audit report — auditor-general clarifies
The auditor-general for the federation (AuGF), Adolphus Aghughu on Thursday said there is no money was missing from the federation account, clarifying his statement on the 2019 audit report. Aghughu…
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FG inaugurates committee to implement petroleum industry act
By our reporter/ Minister of State for Petroleum Resources, Timipre Sylva, on Thursday inaugurated the Steering Committee for the Implementation of the Petroleum Industry Act. The inauguration ceremony came a…
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Akpabio: International oil companies owe NDDC $4bn
By our reporter/ Senator Godswill Akpabio on Thursday oil firms operating in the Niger Delta have defaulted in their statutory remittances to the Niger Delta Development Commission (NDDC) to the…
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First Bank warns against fraudsters, asks customers to avoid storing account details on mobile devices
By our reporter/ First Bank has asked its customers to avoid storing bank and personal details on their mobile devices. In a disclaimer addressed to debunk claims by fraudsters on…
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