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CATEGORY

Economy

NNPC Illegally Spends N700 Million On Kerosene Subsidy Daily – Senate

As the controversy on kerosene subsidy rages, the Senate yesterday said it had uncovered how the Nigerian National Petroleum Corporation (NNPC) illegally spends N700...

The Trent EXCLUSIVE: The Truth Behind Emefiele’s Nomination As CBN Governor

If the Senate assents to the President’s request, Godwin Emefiele incumbent MD/CEO of Zenith Bank Plc will become the new Governor of the Central...

President Jonathan Suspends CBN Governor Lamido Sanusi, Appoints Acting Governor

President Goodluck Ebele Jonathan has suspended the Governor of Central Bank of Nigeria, Sanusi Lamido Sanusi today Thursday February 20th 2014. Dr. Sarah Alade has...

FG Has Spent N243 Billion On Niger Delta Amnesty So Far – Kingsley Kuku

The Special Adviser to the President on Niger Delta Affairs, Mr. Kingsley Kuku, has stated that the amount invested so far  in the implementation of the...

Jubilation As Kerosene Sells For N50/Litre In Ibadan

Hundreds of inhabitants of Ibadan, the Oyo State capital, were in jubilant mood Monday February 17th 2014 as the Independent Petroleum Marketers of Nigeria...

House Committee On Finance, Again, Summons Okonjo-Iweala, Alison-Madueke, Sanusi

The House Committee on Finance on Monday February 2014 summoned the Finance Minister and Coordinating Minister for the Economy, Dr. Mrs. Ngozi Okonjo-Iweala, to...

Missing $20 Billion Oil Money: FG Set To Undertake Forensic Audit Of NNPC

To lay to rest the controversy over the exact amount the Nigerian National Petroleum Corporation (NNPC) is yet to remit into the Federation Account,...

‘Cost Of Managing The Naira Drops To N35 Billion’ – CBN Governor Sanusi

NAN - The Governor of the Central Bank of Nigeria (CBN), Malam Lamido Sanusi, on Wednesday in Lagos said the cost of managing the...

Cashless Policy To Commence Nationwide 1st July

The Bankers’ Committee Tuesday January 11th, resolved to extend the cashless policy to all states in the country from July 1, 2014. Speaking to journalists...

Kerosene Subsidy: NNPC Insists Presidential Order Was Reversed

The Nigerian National Petroleum Corporation (NNPC) has absolved itself of blame for flouting any presidential directive to discontinue the subsidy on kerosene as alleged...

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