By Emmanuella Anokam The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has described the Federal Government’s Executive Order No. 9 as a reform-driven step to boost accountability and investors’ confidence in Nigeria’s energy sector. Dr Billy Gillis-Harry, National President of PETROAN, made the commendation while reacting to theContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commended President Bola Tinubu for ordering direct remittance of oil and gas revenues to the Federation Account, describing it as a major fiscal reform. Dr Mohammed Shehu, Chairman of the RMAFC, made the remark in a statement onContinue Reading
By Okeoghene Akubuike The Bureau of Public Procurement (BPP) has presented its 2026 budget proposal to the National Assembly, highlighting achievements in procurement reforms and savings. The Director-General (D-G), BPP, Dr Adebowale Adedokun said this in a statement by Zira Nagga, Head of Press and Public Relations, BPP, in Abuja onContinue Reading
By Okeoghene Akubuike The Bureau of Public Procurement (BPP) has signed a landmark Memorandum of Understanding (MoU) with the Nigerian Institute of Advanced Legal Studies (NIALS). This is to promote fairness, transparency in the public procurement system. A statement by Zira Nagga, Head, Press and Public Relations, BPP on FridayContinue Reading
By Nefishetu Yakubu The Bureau of Public Procurement(BPP) said the ongoing procurement reforms saved the Federal Government over N1.1 trillion between January and December 2025. Director-General of the Bureau, Mr Adebowale Adedokun, revealed this on Thursday while defending the agency’s 2026 budget before the Senate Committee on Public Procurement inContinue Reading
NBy Angela Atabo The Federal Mortgage Bank of Nigeria (FMBN) has announced a net operating surplus of N19.5 billion for the 2025 financial year, representing over 68.4 per cent year-on-year growth. Speaking at his two years anniversary, on Wednesday in Abuja,the Managing Director and Chief Executive of FMBN, Shehu Osidi,Continue Reading
By Nana Musa The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says there is a need for unity among countries of the Global South to check the rising fragility in global growth. Edun said this at the Intergovernmental Group of 24 (G-24) Technical GroupContinue Reading
By Muhammad Nur Tijani The Bureau of Public Procurement (BPP) has unveiled a transformative strategy aimed at strengthening trust and transparency within Nigeria’s public procurement system. The Director-General of the agency, Dr Adebowale Adedokun, said this during the stakeholders’ consultative meeting on Tuesday in Kano. He said that the meetingContinue Reading
By Ginika Okoye The Capital Market Academics of Nigeria (CMAN) has commended President Bola Tinubu’s Executive Order for direct remittance of oil and gas revenue to the Federation Account. CMAN’s President, Prof. Uche Uwaleke, said this in a statement on Thursday in Abuja. Uwaleke described the decision as one ofContinue Reading
By Kadiri Abdulrahman Mr Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), says cross‑border payments are becoming the backbone of the international monetary and financial system globally. Cardoso, in his plenary speech, said this in Abuja on Thursday at the G‑24 Technical Group Meetings (TGM) themed “MobilisingContinue Reading
