Business & Economy
MOFI resumes full control of govt. shares in 11 DISCOs; clarifies withdrawal of power of attorney from BPE
Ministry of Finance Incorporated (MOFI) has restructured and fully taken control of the Federal Government 40 percent equity holding in...
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ALSCON: BFIG tackles former DG BPE over alleged attempt to defraud FG of €100m; demands retraction, apology
BFIGroup has written to the embattled former Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh, to demand immediate...
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AFREXIMBANK disburses first tranche of $3.3bn to NNPC Ltd., amid criticisms
African Export-Import Bank (AFREXIMBANK) has announced the successful disbursement of the initial tranche of the syndicated $3.3bn crude oil prepayment...
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MOFI moves to assert its mandate; revokes power granted BPE in 11 DISCos
The Ministry of Finance Incorporated (MOFI) on Friday revoked the power of attorney granted the Bureau of Public Enterprises (BPE)...
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More trouble for sacked DG BPE, as Supreme Court fixes Jan. 26 to rule on order to jail him over ALSCON
More trouble is brewing for the embattled sacked Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh, as the...
Read moreTinubu sacks BPE DG, Consumer Protection Commission boss, suspends Betta Edu
President Bola Tinubu on Monday weilded the big stick on Chief Executives of two Federal Government agencies and a member...
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NSIA, All On agree to jointly boost access to energy in Nigeria
The Nigeria Sovereign Investment Authority (NSIA) and All On, a Nigerian impact investor focused on renewable energy, have agreed to...
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Alleged illegal shares swap: Senate orders deregistration, probe of NIPOST subsidiaries, as BPE defends transaction
The Senate has asked the Corporate Affairs Commission (CAC) to immediately wind-up and deregister some Nigerian Postal Service (NIPOST) subsidiaries...
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NNPC Ltd allays fears by Nigerians on alleged plan to hike petrol price
Amid concerns about rising cost living and general uncertainty in the economy, the Nigerian National Petroleum Company (NNPC Ltd) on...
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Senate wants BPE Act amendment to remove clauses conflicting with MOFI mandate
The National Assembly is happy with incessant allegations of conflict of mandates between the Bureau of Public Enterprises (BPE) and...
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