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THE three tiers of government – federal, states and 774 council areas —yesterday shared N619.857 billion as Federal Allocation for  February. A communiqué issued by the Technical  Sub -Committee of the Federation Accounts Allocation Committee (FAAC) at the end of its February meeting, indicated that the gross statutory revenue received …

Speaker Yakubu Dogara has chided the Executive led by President Muhammadu Buhari for constantly blaming the Legislature for delays in the passage of the country’s annual budgets. In his opening address at the national budget hearing organised jointly by the Committees on Appropriations of the Senate and the House of …

The ruling All Progressives Congress on Wednesday said only the decision on the party’s preferred candidate for the position of the Senate President for the 9th Assembly had been taken. It said the zoning formula for the remaining positions in the Senate and those in the House of Representatives was …

A Federal High Court sitting in Abuja has dismisses a suit challenging the decision of the Independent National Electoral Commission (INEC) to conclude, collate, and announce the governorship election results from Tafawa Balewa Local Government in Bauchi State. In his ruling on Monday, the presiding judge Justice Inyang Ekwo dismissed …

The Peoples Democratic Party has said its candidate, Abba Yusuf, is the rightful winner of the Kano State governorship election, adding that any declaration that does not reflect such cannot stand. The party stated this on Sunday in a statement by its National Publicity Secretary, Kola Ologbondiyan, following g the …

Unity Bank Plc has won the Efficiency Award as the financial service brand with the “Most Extensive Fraud Channel Coverage” at the 4th Electronic Payments Incentive Scheme (EPIS) Efficiency Award 2019 powered by Central Bank of Nigeria (CBN) and Nigerian Inter-Bank Settlement System (NIBSS). The Bank won the award in recognition …

The Economic and Financial Crimes Commission, EFCC, has declared a former Director-General of the National Intelligence Agency, Ambassador Ayodele Oke and his wife, Folasade, wanted for failing to appear in court to answer for the N13bn money laundering charges against them. Justice Chukwujeku Aneke of a Federal High Court Lagos, …

  Stanbic IBTC, a member of Standard Bank Group, has again highlighted its resolve to maintain a gender-balanced workforce to ensure it continues to provide quality financial services to clients and Nigerians. The pledge was given at the 2019 Stanbic IBTC Blue Women Network (BWN) fifth anniversary event held in …

Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset quality as well as the continuous adoption of strict cost efficient measures will help the bank achieve its objectives and priorities for the 2019 financial year …

Chief Olusegun Obasanjo A former Nigerian President, Olusegun Obasanjo has decried the level of disunity in the country, stressing that the situation now is worse than what was experienced during the civil war. “When we look at this country today, even during the civil war, we were not as divided …