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A statement from the Debt Management Office (“DMO”) on Thursday said: “The proceeds of the Green Bond will be used to finance projects in the 2018 Appropriation Act, which will contribute to Nigeria’s commitments to the Paris Agreement on Climate Change.”
The House of Representatives’ Committee on Urban Development and Regional Planning on Thursday condemned the untidiness and errors in the 2019 budget proposal presented by the Urban and Regional Development of the Federal Ministry of Power, Works and Housing.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed that it had commenced probe of federal government parastatals.
The Nigerian National Petroleum Corporation (NNPC) insists there is nothing illegal about the withdrawals made from Nigerian Liquefied Natural Gas (NLNG) Dividend Account
Nigerian National Petroleum Corporation (NNPC) threatens to seek legal interpretation on whether it has right to withdraw funds from Nigeria LNG Dividend Account without the approval of National Assembly
The House of Representatives has asked President Muhammadu Buhari to order the Minister of Finance, Zainab Ahmed, to release the funds appropriated for the judiciary in the 2018 Appropriation Act.
Governor Ibikunle Amosun of Ogun State, on Wednesday, presented a budget estimate of N402.63 billion as the 2019 Appropriation Bill to the State House of Assembly.
The Movement for Transparent Elections (MTE), a Civil Society Organisation (CSO) has warned that further delay in release of the budget of the Independent National Electoral Commission (INEC) portends great danger to Nigeria’s democracy.
The Senate and the House of Representatives had approved that the sum of N242 billion be taken from Service Wide Votes for the Independent National Electoral Commission (INEC) and security agencies to conduct the 2019 elections.
Huge cost of servicing new loans amid poor revenue informed the Federal Government’s decision to dispose of 10 state-owned assets to select investors and the public between now and year end, in order to fund the 2018 fiscal plan.
The House of Representatives on Tuesday approved the request by President Muhammadu Buhari for $82.54 million to refinance the balance of $500 million matured Eurobond in the international capital market.
The Nigerian government on Wednesday said it will pay 50 per cent of entitlements owed ex-staff of the defunct Nigerian Airways in 2018 and pay the balance next year.
The Senate on Tuesday approved the security budget of N53.2 billion for the 2019 general elections.
The Senate Committee on Appropriation has approved President Muhammadu Buhari’s request for the virement of N242 billion under the 2018 Appropriation Act to conduct the 2019 general elections.
The Senate Committee on Appropriation on Wednesday agreed to approve President Muhammadu Buhari’s request for virement of N189 billion for the organisation of the 2019 general election.
The Deputy Speaker of the House of Representatives, Yusuff Lasun disclosed, last week, that the National Assembly, would interrupt its annual recess and reconvene, sometime, this week, to consider an expenditure proposal for N242bn for conducting 2019 General Elections.
US President Donald Trump suggested dropping nuclear bombs on hurricanes before they made landfall in the United States, Axios reported Sunday.
The Economic and Financial Crimes Commission (EFCC) has extended its investigation of the laundered 150 million euros cash-for-poll by associates of former vice-president Atiku Abubakar to Olusegun Obasanjo Presidential Library.
Heavy rainfall and flash floods have killed 62 people in Sudan and left 98 others injured, the official SUNA news agency reported on Sunday.
A stray bullet from an unidentified police man, snuffed life out of a man, Sunday night, at Shogunle area of Lagos.
The newly appointed Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has said that his vision is to completely transform the agency into a smart organization.
The Independent National Electoral Commission (INEC) says it will begin the distribution of 219,935 uncollected Personal Voter Cards (PVCs) in Bayelsa and Kogi on Sept. 2 preparatory to governorship elections in the states
The Nigerian National Petroleum Corporation (NNPC) said that 1.76bn litres of Premium Motor Spirit (PMS), also known as petrol, was supplied in June.
The British newspaper further reported a top club from Serie A has also expressed interest in Wanyama as Brugge are yet to agree the fee or personal terms for the 28-year-old.
Some capital market operators on Thursday said there was the need for the new ministers to commence work without delay to revive the nation’s economy to avoid another round of recession.
The Delta State Government has resolved to fully implement the Public and Private Properties Protection Law also known as ‘anti-deve” law that proscribed forceful entry into development sites, illegal collection of development levies and extortion by thugs to pave way for accelerated development in the State.