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Dogara’s Budget Reform Bill scales first reading in House of Reps . Proposes first week of September for budget presentation .Offenders risk 2 years jail for violation of Appropriations Act .Introduces reward for whistle-blowers

A Bill seeking to introduce radical  reforms to Nigeria’s budgeting process has scaled first reading in the House of Representatives on Wednesday. Sponsored by the Speaker, Hon Yakubu Dogara, the bill seeks to provide a legal framework for the reform of the Federal budget process and proposes serious penalties for …

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We’ll deliver Lagos-Ibadan rail project by December 2018 – Osinbajo …Rail project’ll boost regional integration, economic growth –Ambode

Acting President of the Federal Republic of Nigeria, Professor Yemi Osinbajo on Tuesday said that the Federal Government was committed to delivering a fast and efficient rail service system between Lagos and Ibadan within a projected time frame of December 2018. Osinbajo, who spoke at the Ground Breaking Ceremony of …

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Ebonyi Police uncovers shallow grave where kidnap victim was buried in Abia; Exhumes decomposing corpse -How we killed, buried her in Lokpanta forest to conceal our gang-leader’s identity- 25 year old suspect tells Police

  By Freedom Ajala, Abakaliki But for the gallant efforts of the men of the Special Anti-Kidnapping Squad, (SAKS), Ebonyi State Command, the Special Anti-Robbery Squad, (SARS) and other corresponding units of the Command who never rested on their oars, the abduction and later, murder and secret burial of a …

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-Forex: Dollar to crash again as CBN creates Dollar glut; floods market -Pumps additional $80m for PTA, Fees, Medicals; $100m through Banks for wholesale forwards market

  In keeping with its determination to increase liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) on Monday released another $100m into the wholesale forwards segment of the market and pumped an additional $80m into the banks specifically for the settlement of dollar demand for school …

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NIMASA, Customs partnership will help Nigeria’s economic progress – Dr. Dakuku – As NIMASA seeks synergy with NCS

  The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has stated that NIMASA and the Nigerian Customs Service (NCS) are partners in progress in bringing the desired growth and development to the Nigerian maritime industry and by extension the Nigerian economy.    The …

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