Senate confirms Nami as FIRS Chairman, 13 others as board members
New FIRS boss, Mohammed Nami The Senate on Wednesday confirmed the nomination of Muhammad Nami as the Executive Chairman, Federal Inland Revenue Services (FIRS) and 13 others as board…
President Buhari writes NASS to consider 2020 budget proposal of the FCTA
The Senate is to receive the report on President Muhammadu Buhari’s request for the confirmation of the chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, and members of…
Alleged N135bn Fraud: FG files charges against Ifeanyi Ubah, Capital Oil & Gas Limited
The Federal Government has filed criminal charges against the Chairman of Capital Oil and Gas Limited, Senator Ifeanyi Patrick Ubah, and the company. The charges are related to an alleged…
AMCON risks losing N12.9bn judgement debts over fraudulent activities
The Assets Management Company of Nigeria, AMCON has said it is a victim of some fraudulent activities and stands to lose over N12.9 billion which is a judgment debt belonging…
FG sets up inter-agency task force on N5trn AMCON debt recovery
The Federal Government has taken another determined step in its bid to recover over N5 trillion outstanding debts owed the Asset Management Corporation of Nigeria (AMCON), with the formal…
Nigeria may lose N5.5trn in bad loans to slow justice system, bearish economy
Nigeria is facing the risk of never recovering about 5.5 trillion naira ($15 billion) of bad loans taken over during a banking crisis more than a decade ago, reports Bloomberg….
Alleged $2bn shares fraud: FG begins probe of Enelamah, Udoma, othersÂ
The Federal Government has begun interrogation of those implicated in the alleged fraud that left over 65,000 Nigerian shareholders losing two billion dollars worth of shares with Atlas Mara’s Union…
IMF Says Nigeria’s Economy Improving, Welcomes Ongoing Economic Recovery
The International Monetary Fund (IMF) says the Nigerian economy is recovering with increased Gross Domestic Product (GDP) in 2018 and falling inflation at the end of 2018. The Executive Board…
AMCON Seeks a Revisit of Failed Bank Act to Curb Financial Rascality
The Managing Director/CEO, Asset Management Corporation of Nigeria, AMCON, Ahmed Kuru has called on the authorities to revisit the Failed Bank Act to ensure that bank officials account for…
CBN Governor, Godwin Emefiele to End Five-year Term in June, Ahmed Kuru, Ahmed Kuru Likely Candidates
 CBN Gov. Godwin Emefiele The head of the Central Bank of Nigeria, CBN, Godwin Emefiele is likely to exit the bank in June, beginning with a leave from…