Economy Newsboard

I’ll sell NNPC, if elected president, Atiku insists

People’s Democratic Party (PDP) presidential candidate Alhaji Atiku Abubakar yesterday in Kaduna reiterated his resolve to privatise the Nigerian National Petroleum Corporation (NNPC), if elected President in Saturday’s polls. Atiku, who spoke while interacting with stakeholders from the 23 local government areas of Kaduna State at the Trade Fair Complex, said his resolve to sell […]

Economy Newsboard

Investors bid N234bn for N150bn bonds offer — DMO

The Debt Management Office (DMO) says the Federal Government’s February bonds received over N234 billion from investors for the N150 billion that was offered. A statement obtained from the DMO website on Wednesday in Abuja said that the auction had three instruments, for five, seven and 10-year tenors. “Total bids received from investors for the […]

Economy Newsboard

EFCC detains Atiku’s man over $4m cash haul

Businessman Giwa-Osagie quizzed, DSS withdraws invitation to five INEC officials Detectives are holding a businessman who is said to be an associate of the Peoples Democratic Party (PDP) presidential candidate Atiku Abubakar. Mr. Uyi Giwa-Osagie is being suspected of allegedly laundering about $4million, which the Economic and Financial Crimes Commission (EFCC) believes to be “suspicious election […]

Economy Newsboard

VIDEO: ‘Only God Can Give Them Punishment’, Buhari Blasts Looters

  President Muhammadu Buhari has again rebuked those he said looted the nation’s resources, especially since the nation returned to democracy. The President, who received members of the 1,000 Support Group on Friday in Abuja, condemned the action of the alleged looters which he said brought the nation to its present condition. According to him, […]

Economy Newsboard

We’ve recovered N527b through whistleblowing, says EFCC

THE Economic and Financial Crimes Commission (EFCC) has recovered over N527 billion in two years through the Federal Government’s whistleblowing policy. Its Acting Chairman, Ibrahim Magu, stated this yesterday at a Southsouth town hall meeting on whistleblowing and the fight against corruption in Port Harcourt, the Rivers State capital, by African Centre for Media and […]