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Business and Economy

FG to generate N250bn from Solid Minerals in 2016

OrderPaperToday- Minister of Mines and Steel Development Kayode Fayemi has disclosed that the Federal Government is set to generate over N250 billion from the...

$24bn Oil Swap: NNPC and Duke Oil Signed No Contracts

OrderPaperToday- Facts have emerged on Tuesday that there was no official contract signed for the $24 billion crude oil swap implemented by Nigerian National...

Obasanjo, El-rufai Inflated Abuja Rail Contract by Millions of Dollars- Senate

OrderPaperToday - The Senate Committee on Federal Capital Territory (FCT) has said former President Olusegun Obasanjo and erstwhile Minister of the territory, Mallam Nasir...

Sokoto, Islamic Bank Partner on Property, Investment Fund

OrderPaperToday- Governor of Sokoto State Aminu Waziri Tambuwal has said that the government will partner with the Islamic Development Bank (IDB) to manage the...

Senate Leader Fumes over Electricity Tariff Hike, Blasts DISCOs

OrderPaperToday - Leader of the Senate, Mr. Ali Ndume is very angry at the 45% percent increase in electricity tariff by Distribution Companies (DISCOs). He...

Massive Fraud in NAMA as MD Signs Off Billions in Questionable Payments

OrderPaperToday - The Nigeria Airspace Management Agency (NAMA) is embroiled in a swirlpool of corruption as facts have emerged as to how the current...

Reps Demands How Billions of BASA Funds Was Spent, Queries NCAA

OrderPaperToday - The House of Representatives has demanded details of how billions of public funds in the Bilateral Air Service Agreement (BASA) was spent. The...

23,000 Ghost Workers Used BVN to Defraud Govt. as Minister Vows to Punish Banks

OrderPaperToday - The federal government has uncovered how civil servants manipulate the Biometric Verification Number (BVN) to perpetuate fraud. This was revealed after 23,000 ghost...

Finance Minister Says N8bn Only Paid as Commission for TSA

OrderPaperToday - The Federal Government has said only N8billon and not N25billion was paid as commission for the operation of the Treasury Single Account...

“Unfair Forex Allocation Would Affect GSM Service”- Telecos

OrderPaperToday - Mobile telecommunication providers in Nigeria have warned that since the Federal Government treats them unfairly in the allocation of foreign exchange for...

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