Zamfara Withholds Local Government Allocation Despite NFIU Directive To Bank

The leadership of Association of Local Governments of Nigeria (ALGON), Zamfara state chapter has accused the State Government of withholding Local Governments' allocation remitted from the federation account in spite of the Presidential order that such funds be sent directly to the councils’ accounts.

All Refineries Must Work Before 2023 – New NNPC GMD

New Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kolo Kyari on Monday said his administration would ensure that all the country’s refineries are fixed before 2023 when President Muhammadu Buhari would leave office.

FG Begins Verification Of Pensioners, Next Of Kin

Pension Transitional Arrangement Directorate (PTAD) has announced the recommencement of the Parastatal Pensioner Verification Exercise for pensioners and Next of Kin (NoK) under the Defined Benefit Scheme (DBS).

New NNPC GMD Assumes Office As Baru Bows Out

The New Group Managing Director the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kolo Kyari will today assume office following the retirement of the former GMD, Maikanti Baru.

Kyari’s Appointment Well Deserved – IPMAN

The appointment of Mallam Mele Kolo Kyari as Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) was described as a well-deserved one by the Independent Petroleum Marketers Association of Nigeria (IPMAN).

NBC Withdraws Suspension On AIT, Raypower

The National Broadcasting Commission, NBC, on Friday said it has lifted the operational suspension earlier placed on DAAR Communications PLC, owners of popular television and radio stations, AIT and RayPower FM.

Nigeria's Foreign Investments Up By 34% - First Quarter, 2019

Report from the National Bureau of Statistics (NBS) has revealed that the value of total foreign investments into the country rose by 34.6 percent year-on-year to $8.5 billion in the first quarter of 2019 (Q1’19). It disclosed that the total value of capital importation into Nigeria stood at $8.485 billion in the first quarter of 2019, a representation of an increase of 216.03% compared to Q4 2018 and 34.61% increase compared to the first quarter of 2018.

How 60% Of Nigerians Lack Access To Finance – NDIC

The Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation, NDIC, Mr. Umar  Ibrahim, on Wednesday, said over 60% Nigerians still do not have access to finance despite the proliferation of commercial banks in the country over the years.

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