Nothing New About N13.5m Monthly Entitlement For Senators —Senate

The Senate has dismissed insinuations of mutterings in the Senate over the revelation by Senator Shehu Sani that N13.5 million was used in maintaining a senator per month.

Top US Economic Adviser Gary Cohn Leaves White House In Wake of Tariff Rift

President Donald Trump's top economic adviser Gary Cohn is resigning, the White House announced on Tuesday.

Ogun Customs Records Massive Seizures of Rice, N51million Car

Hard time awaits smugglers engaging in illicit business within the operational domain of Ogun Command of Nigeria Customs Service ,NCS, as the Command has declared war against dare-devil smugglers attacking and threatening the lives of officers on duty.

Nigeria Gets $486m World Bank Credit For Power Sector

World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday.

Bitcoin Drops Below $6,000 For First Time in Three Months

Bitcoin plunged more than 20 percent to fall below $6,000 on Tuesday, its latest sharp loss following a series of setbacks, with a global stock market collapse fuelling the selling.

Nigeria Culture & Tourism Ministry Generated Only 500 Thousand Naira in 2017- Lai Mohammed

The Minister of Information and Culture, Alhaji Lai Mohammed has said the Culture and Tourism Sectors have recorded gross shortfall in revenue generation in 2017. Mohammed said only N500, 000 was generated in 2017 as against the N620, 000 generated in 2016.

Nigeria FG to Hire Economic Growth Expert For N458m

The Federal Executive Council on Wednesday approved the hiring of a consultant to conduct a study that will aid the implementation of the present administration’s Economic Recovery and Growth Plan.

Labour Rejects NASS’ Plans to Scrap Housing Loans Board

Organised labour weekend rejected plans by the National Assembly to scrap the Federal Government Staff Housing Loans Board, FGSHLB, describing it as most unpatriotic.

Senate Steps Down Controversial Bill Proposing N5 Fuel Levy

The Nigerian Senate today stepped down consideration of the report on the National Roads Fund Establishment Bill, asking the Committee on Works to make “further consultations” on it.

Osinbajo Receives 2017 Budget From National Assembly

The Presidency on Friday confirmed that the National Assembly has formally transmitted the 2017 Appropriation Bill recently passed into law to the Executive.

CBN Crashes Dollar to N360 For Payment of Bills And Fees in Dollar

The Central Bank of Nigeria (CBN) has directed all banks to immediately begin sale of forex for BTA, PTA, Tuition and Medical fees to customers at not more than N360 per dollar.

Nigerian Senate Support Fuel Price Increase

The Senate on Tuesday, expressed support for the increase in fuel price but asked the Federal Government to immediately commence the implementation of palliatives measures to cushion the effects on poor Nigerians.

Gov Ambode Donates 50 New Buses to BRT

The Lagos State Government says mass transit buses will cushion any effect that removal of subsidy and subsequent increase petrol price will have on Lagosians.

Increase Agric Sector Funding, FG Tells Bank of Industry

The Federal Government on Wednesday called on the Bank of Industry to increase lending to the agriculture sector in order to reduce the level of unemployment in the country.

BREAKING: Buhari Meets Ministers Over Budget

President Muhammadu Buhari is currently presiding over a meeting of the Federal Executive Council where a major decision on the 2016 budget may be taken.

Nigeria Loses $700m Monthly on Shipment of Crude Oil – NISA

The president, Nigeria Indigenous Ship Owners Association (NISA), Mr Aminu Umar, said the nation was losing 700 million dollars monthly (N137.9 billion) to dominance of crude oil shipment by foreign shipowners.

Angola Overtakes Nigeria as Africa’s Top Oil Producer

Nigeria has again lost its Africa’s top oil producer status to Angola, as the country’s crude oil production fell by 67,000 barrels per day last month, latest data from the Organisation of Petroleum Exporting Countries have shown.

FG’s N5,000 Conditional Cash Transfer List of 8 States Ready

There are indications that the list of beneficiaries of the Federal Government’s N5,000 conditional cash transfer for eight states is ready.

Senate Gives Presiident Buhari Final Warning Over Budget 2016

The Senate, yesterday, gave what it described as a final warning to the presidency on its dealings with the legislative branch of government, affirming that it would no longer tolerate the presidency blaming the legislature for its failures.

Desmond Elliot Wants FG to Use Entertainment Industry to Attract Youths to Agric

A Nollywood star, Mr Desmond Elliot, has advised the Federal Government to take advantage of the entertainment industry to attract youths to agriculture. ‎