The Nigerian Governors’ Forum (NGF) on Wednesday said that state governments across the country will not be able to pay the N30, 000 minimum wage agreed between organised labour, the…
Read More N30, 000 minimum wage will bankrupt states, governors cry out
The Economic and Financial Crimes Commission on Tuesday re-arraigned a former Chief of Air Staff, Air Marshall Adesola Amosu (retd), for an alleged fraud of N21.4bn. Amosu, alongside Air Vice…
Read More Alleged N21.4bn fraud: EFCC re-arraigns ex-NAF chief, Amosu, others
The Federal High Court in Lagos on Tuesday ordered that the sums of N1,250,000,000; $327,132.35, £167.85 and €157.90 recovered by the Economic and Financial Crimes Commission should be permanently forfeited…
Read More EFCC gets fresh forfeiture order on N1.2bn, $327,132.35, £167.85, €157.90
The Nigeria Deposit Insurance Corporation (NDIC) said it saved about N949.6 billion depositors’ funds in failed Skye Bank. Managing Director of the Corporation, Alhaji Umaru Ibrahim, disclosed this in Benin…
Read More NDIC saved N949bn depositors’ funds in failed Skye Bank – MD
DMO said this in its 2017 Annual Report obtained by our correspondent in Abuja on Monday. According to DMO, the total amount was borrowed from both the domestic and the…
Read More FG borrowed over N2tn to fund 2017 budget – DMO