Committee on Finance
House of Reps give seven days for MDAs, TELCOs to appear before it
The House of Representatives has giving seven days ultimatum to all heads of Ministries Departments and Agencies of the Federal Government, as well telecommunication companies yet to honour its summons to appear before its Committee on Finance or risk arrest.
Revenue loss: House of Reps threaten telco chiefs with arrest
The House of Representatives has given the Chief Executive Officers of telecommunications service providers a seven-day ultimatum to appear before its Committee on Finance.
Forex racketeering: House of Reps probe CBN, FIRS, others over $30 billion leakages
The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue Service over alleged racketeering in the allocation of foreign exchange to companies.
Senator Adeola appointed APC NEC member
Sen. Solomon Adeola, the chairman of the Senate Committee on Finance has been appointed into the National Executive Committee (NEC) of the All Progressives Congress, APC.
House of Reps orders Centre to remit N542 million within 21 days
The House of Representatives Committee on Finance has asked the Centre for Management Development (CMD) to remit N542 million to federal government within 21 days .
Rep: NIGCOMSAT chief too incompetent to run agency
The House of Representatives Monday dismissed as grossly incompetent, the management of the Nigerian Communications Satellite, NIGCOMSAT, Ltd, over their failure to account for revenues generated by the agency from 2012-2019.
Debts from 19 states delay NECO remittances to federal government
The National Examination Council (NECO) Wednesday disclosed that the debt owed it by 19 states has affected its remittances to the Federation Account.
House of Reps applauds Customs’ enviable IGR performances
The House of Representatives Committee on Finance on Thursday, commended the Nigerian Customs Service (NCS), over the enviable performances it has continued to record in its Internally Generated Revenue (IGR) since the year 2015.
Senate confirms Muhammad Nami, 13 others as FIRS board members
The Senate on Wednesday confirmed the nomination of Muhammad Nami as the Executive Chairman, Federal Inland Revenue Services and 13 others as board members.
Senate seeks legal backing for constituency projects in national budget
The Senate on Wednesday sought to provide legal backing to the provision of Constituency Projects in Nigeria’s annual budget by a minimum of 20 per cent.
Senate seeks legal backing for constituency projects in national budget
The Senate on Wednesday sought to provide legal backing to the provision of Constituency Projects in Nigeria’s annual budget by a minimum of twenty percent.
Senate mandates committee to investigate issues on foreign vessels
The Senate on Wednesday at the plenary mandated its Committee on Local Content to investigate reasons for the dominance of foreign vessels above locally owned and registered vessels in the domestic carriage of petroleum products within coastal inland waterways of Nigeria.
Senate begins confirmation process of new FIRS chairman, board members
The Senate on Wednesday began the confirmation process of Mohammad Mamman Nami as the Chairman, Federal Inland Revenue Service, FIRS.
Lagos assembly approves N250 billion loan for capital projects
The Lagos House of Assembly on Friday granted approval for Governor Babajide Sanwo-Olu to access a loan of N250 billion for capital projects in the state.
Senate approves 7.5% VAT increase
The Senate passed the 56 amendments on the 2019 Finance Bill but some senators kicked against the increase in VAT during the presentation and consideration of the report of the Senate Committee on Finance.
Senate panel rejects central bank team at investigative hearing
The Senate Committee on Finance on Monday prevented the representatives of the Central Bank of Nigeria Governor, Godwin Emefiele, from addressing it on the issue of exchange rates for funding key projects.
Senate summons central bank chief over exchange rates for infrastructure projects
The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday.
Central bank governor to appear before Senate committee today
The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday (today).
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QPR star Eberechi Eze undecided on international future
QPR playmaker Eberechi Eze said he is yet to make a decision on his international future with England and Nigeria hoping to secure his services.
Cash transfer: Nigeria doles out N20, 000 each to 5, 000 FCT residents
The Federal Government has commenced payment of N20, 000 each to five thousand beneficiaries of its Conditional Cash Transfer (CCT) programme in the Federal Capital Territory (FCT).
Delta governor’s spokesman donates sanitisers, others to community
Mr Olisa Ifeajika, Chief Press Secretary to Gov. Ifeanyi Okowa of Delta has donated sanitisers and other items to the people of his constituency, Illah, Oshimili North Local Government Area of the state.
Nigeria records 12 new coronavirus cases, total rise to 151
The Nigeria Centre for Disease Control (NCDC) released the new figures in a tweet on Wednesday, in its latest update on the disease.
Union demands life insurance, N100, 000 special coronavirus allowances for health workers
The Nigerian Union of Allied Health Professionals, NUAHP, on Wednesday, demanded life insurance scheme and immediate payment of N100, 000 special coronavirus allowances to all health workers at the frontline of the war against the disease as presently done to other health workers globally.
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NCDC confirms second coronavirus case in Bauchi
The Nigeria Centre for Disease Control, NCDC, said it made an error in the breakdown of the new 14 coronavirus cases announced for the country on Thursday night.
African oil-producing countries among the most hard-hit as oil price plunges
African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price. Oil price crashed below $20 dollars on Monday, the lowest in 18 years. In particular, Senegal, Nigeria and Angola continue to face new challenges each day amid the threat of economic fallout.
Confusion over explosion in Akure
An explosion has occurred along Akure-Owo expressway, a few kilometres from the Akure metropolis.
Postponed Olympic Games to get new date in April
There are strong indications the official dates for the postponed Tokyo 2020 Olympic Games, now billed to take place next year, will be announced before the end of April 2020.
Model sues French Montana for ‘drug overdose and sexual assault’
According to documents reportedly obtained by foreign news outlet The Blast, a woman who wants to remain anonymous has filed a lawsuit against Montana, his employee Mansour Bennouna, and his Coke Boy Records label.