Ifeanyi Ubah

The Department of State Services (DSS) has accused Ifeanyi Ubah, the owner of Capital Oil of economic sabotage, punishable by death. The DSS made this known on Tuesday, when hearing on an application challenging his continued detention commenced before Justice Yusuf Halilu of the Federal Capital Territory High Court sitting in Jabi, Abuja.

Chief Audu Ogbeh - Agriculture Minister

The minister of agriculture, Audu Ogbeh has disclosed that the Anchors Borrowers Programme in Kebbi State, North-West Nigeria, has turned 400,000 individual farmers in the state, to millionaires. Ogbeh made the disclosure at the mid-term town-hall meeting of the federal government in Abuja on Tuesday, May 16.

Central Bank Governor- Dr Godwin Emefiele

The Central Bank Governor, Dr Godwin Emefiele has assured Nigerians that the country would be out of recession in the 3rd quarter of the year following the positive economic indicators.

The Governor stated this while briefing newsmen after the conclusion of that apex bank’s monetary policy committee meeting in Abuja.

Nigeria Vice President- Prof. Yemi Osinbajo

The presidency, yesterday, provided details of the government’s four social investments programmes. Laolu Akande, the spokesperson to Acting President Yemi Osinbajo said over N41 billion had so far been spent on the four programmes.

Rwanda’s telecom industry regulator has fined MTN Rwanda, a division of South Africa’s MTN Group, 7 billion francs (8.5 million dollars) for running its IT services outside the country in breach of its license conditionalities.

Yakubu Dogara

Over $163.7m was spent to hire pre-shipment agents to monitor Nigeria’s oil and gas exports between 2009 and 2016, an investigation by the House of Representatives unraveled on Tuesday, 16 May, 2017.  The money was signed out by the Federal Ministry of Finance from a pool of funds domiciled in the Central Bank of Nigeria. 

Five Richest Nigerians

A report by OXFAM, the international anti-poverty NGO, has claimed that the combined wealth of just 5 of Nigerians wealthiest citizens is enough to lift the over 112million Nigerians living below the extreme poverty line , out of poverty.

Minister of Finance- Kemi Adeosun

The Federal Government has received more than 2,500 tips from whistle-blowers, according to the Minister of Finance, Kemi Adeosun. Adeosun made the disclosure during a town hall meeting in Abuja on Tuesday where other ministers took turns to highlight the achievements of the President Muhammadu Buhari administration so far.

Minster of Finance- Kemi Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that the Federal Government could not address the country’s huge infrastructure deficit with budgetary allocations alone in the next 10 years. Adeosun stated this in Abuja at the 10th Africa Finance Corporation Summit, which was organised to chart a way for infrastructure financing in Africa.

NNPC GMD- Dr Maikanti Baru

The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Dr Maikanti Baru, said that the Corporation has concluded plans to commence oil exploration in the Lake Chad Basin in Six months. Baru, disclosed this during a courtesy visit by the management of NNPC to Alhaji Kashim Shettima, the Executive Governor of Borno State at the Government House, Maiduguri, Borno State.