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Economy

High Recurrent Vote In 2014 Budget: Okonjo-Iweala Replies Critics

Minister of Finance and the Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, yesterday tackled critics of the 2014 budget, saying that the high recurrent...

‘You haven’t accounted for $20bn’ – Sanusi Attacks NNPC Again, Says Kerosene Subsidy Is A Scam

ABUJA—Central Bank Governor, Sanusi Lamido Sanusi, yesterday, told the Senate Committee on Finance that of the $67 billion crude oil sales that was supposed to be remitted to...

New Figure: CBN Governor Says NNPC Has Not Remitted $20 Billion In Oil Sales (DETAILS)

The Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Corporation (NNPC) are into fresh war of words yesterday over the status of...

House Of Reps Seeks Further Clarification From Okonjo-Iweala On 50 Questions

The House of Representatives Committee on Finance remains on a collision course with the Coordinating Minister for the Economy (CME) and Minister of Finance,...

Nigeria Offers $2m To Support Post-Conflict African Countries

NAN - Nigeria will provide two million dollars to support reconstruction and development in African countries emerging from conflicts,  Dr Nurudeen Mohammed, the Minister...

REVEALED: This Is The Single Biggest Threat To Health And Happiness

As the World Economic Forum opens this year's session in Davos, Switzerland -- bringing together world leaders to discuss the state of the global...

First Set Of ‘Made in Nigeria’ SUVs Set For April Launch – Nissan CEO

Nissan Motors is set to roll out the first set of 'Made in Nigeria' 4×4  SUVs, come  April 2014. This disclosure was made by the...

Economy At Risk As Excess Crude Account Dwindles, Okonjo-Iweala Says At #Davos2014

Minister of Finance and Supervising Minister of the Economy, Mrs. Ngozi Okonjo-Iweala, yesterday, said Nigeria’s economy is under threat, following the continuous decline in...

Presidency Queries CBN Governor Lamido Sanusi Over N150 Billion Donations To Organisations

The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi is under scrutiny of the presidency, as he has been asked...

Police Recover N6.5 Billion From Fuel Subsidy, Bank Fraud

As part of its continuous quest to curb fraud, the Commissioner of Police Special Fraud Unit (SFU), Tunde Ogunsakin, has said the unit succeeded...

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