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N30trn allegation: Okonjo-Iweala takes legal action

Former Finance Minister, Dr Ngozi Okonjo-Iweala has said that she was never served any court processes in relation to the the allegation by former CBN governor Professor Charles Soludo that N30 trillion was missing during the past administration. The Federal High Court sitting in Lagos had in a judgment ordered former Minister of Finance, Dr. Ngozi Okonjo-Iweala and the Federal …

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Again, Fashola appeals to Nigerians to help in protecting power supply facilities

The Power, Works and Housing Minister, Mr. Babatunde Fashola SAN, has again assured the nation that incremental, steady and eventual uninterrupted power supply is achievable in the country appealing, however, that it could only happen if the citizenry cooperate with the government by taking ownership of and protecting the various power supply facilities across the country. Share on: WhatsApp

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You must account for missing N30tn, Court tells Okonjo-Iweala, FG

The Federal High Court sitting in Lagos in a landmark judgment has ordered former Minister of Finance, Dr. Ngozi Okonjo-Iweala and the Federal Government to “provide information on the spending of the alleged missing N30 trillion which represents some accruable income to the Federal Government during the last four years of the Administration of former President Goodluck Jonathan.” Share on: …

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Buhari assures oil companies of security in Niger Delta. appeals to militants

President Muhammadu Buhari has assured oil companies operating in the Niger Delta that the Federal Government is taking necessary actions to protect strategic assets in the region from vandals. The president gave the assurance in Abuja on Friday at a meeting with the Global Director (Upstream) of the Royal Dutch Shell Group, Mr Andrew Brown. Buhari said that he had …

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UBA Appoints five new Executive Directors to Group Board

United Bank for Africa PLC, has announced the appointment of five new Executive Directors, subject to the approval of the Central Bank of Nigeria: According to a statement from the bank, the new appointees who were elevated from within the bank include  Ayo Liadi; Oliver Alawuba; Ibrahim Puri; Uche Ike and Chuks Nweke. “All bring considerable experience to the Board and, as a sign …

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Finally Buhari signs 2016 Budget into law

 Finally, President Mohammadu Buhari has assented to the 2016 Appropriation Bill, giving way for full implementation of the budget. The signing took place just a moment ago at the presidential Villa, Abuja. Recall that the budget was laid before a joint session of the National Assembly on December 22, 2015. Work on the document began shortly after the Christmas break …

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AMCON Revs up recovery effort, appoints professional debt resolution firms as partners

As part of its renewed strategy to resolve over six thousand accounts with loan balances of N100million and below, the Asset Management Corporation of Nigeria (AMCON) has flagged off its induction programme for successful firms that qualified as its Asset Management Partners (AMPs). The AMPs are consortiums with specialist skills required to ensure recovery and debt resolution; banking, legal, valuation …

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