How FG Spent N2.89tn Of Revenue On Debt Servicing In 8 Months
The Federal Government on Friday said it spent a total of N2.89 trillion on debt servicing between January and August 2021, out of its N3.93tn retained revenue for the same period. Minister of Finance, Budget and National Planning, Zainab Ahmed,…
How Okonjo-Iweala Emerged 1st Female WTO DG
In this file photo taken on September 19, 2016 former Finance Minster of Nigeria Ngozi Okonjo-Iweala looks on during the Opening Plenary Session: “Partnering for Global Prosperity,” at the Clinton Global Initiative in New York. Ngozi Okonjo-Iweala, Nigeria’s nominee for…
Okowa Restates Call for Revenue Allocation Formula Review
Delta State Governor, Senator (Dr) Ifeanyi Okowa, has called for a review of the existing revenue allocation formula in favour of states and local governments, in reflection of current socio-economic realities in the country. Okowa made the call when he…
Alleged N41bn Fraud: Sen. Ayo Akinyelure Statement on Tony Elumelu is False, Malicious – Legal Team
The legal team of the former Managing Director of the United Bank for Africa, Mr Tony Elumelu has debunked allegations by the Senate Committee Chairman on Ethics, Privileges and Public Petitions, Senator Ayo Akinyelure who indicted Mr Elumelu of N41bn…
Atiku Endorses Okonjo-Iweala for WTO Job
Former Vice President Atiku Abubakar and former finance minister, Dr. Ngozi Okonjo-Iweala. Former Vice President Atiku Abubakar has endorsed Dr. Ngozi Okonjo Iweala for the post of Director-General of the World Trade Organisation. Dr. Okonjo-Iweala’s “experience and the enormous related…
IMF Executive Board Approves Financial Year 2021-FY 2023 Medium-Term Budget
On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020, and took note of indicative budgets for FY 2022–23. The budget…
How Forensic Auditor’s Petition to EFCC Exposed Guaranty Trust Bank’s IGR Scam
By NGIJ team of Oluwasegun Abifarin and Olawale Abideen Guaranty Trust Bank plc prides itself as the foremost “Financial Institution built on a foundation of excellence, professionalism and best practices Its Orange rule philosophy is also anchored on “Professionalism, Service,…
Why FG’s Explanations On Delayed Evacuation of Trapped Nigerians Overseas Not Acceptable – CLO
…Says Action Further Explains Government’s Insensitivity to Citizens’ Welfare The Civil Liberties Organisation (CLO) is in custody of explanations offered by the Minister of Foreign Affairs, Mr. Geoffrey Onyeama, on why the Federal Government of Nigeria (FGN) has not effected…
A MUST READ: CBN Alerts Nigerians, Reveals Latest COVID-19 Cyber Fraud
…Outlines COVID-19 Cyber Fraud Schemes Used by Cyber Criminals By James Ezema Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has alerted Nigerian residents of cyber fraud, revealing that cyber-criminals are taking advantage of the current “COVID-19” pandemic to…
