A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from conducting a…
President Muhammadu Buhari on Wednesday inaugurated the Audit Committee on recoveries of assets by government agencies. Members of the committee include Mr. Olufemi Lijadu, Mrs. Gloria Chinyere Bibigha and Mr.…
The Auditor-General of the Federation, Anthony Ayine on Wednesday told the House of Representatives that the Treasury Single Account policy has not been audited two years after it came into operation.…
The House of Representatives has given Health Maintenance Organisations up to Wednesday to submit audited accounts on how the N351bn spent on the National Health Insurance Scheme (NHIS) since 2005…
by Azeez Adeniyi President of the Nigeria Labour Congress, Ayuba Wabba, has urged the Federal Government to further take its anti-graft war to the state level. Wabba sais this while…
by Azeez Adeniyi The House of Representatives on Tuesday ordered an audit of all assets seized by the Economic and Financial Crimes Commission (EFCC). The House said the assets include…
The new management of Arik Air has appointed accounting firm KPMG to undertake a forensic and diagnostic audit of the finances of the airline to ascertain the true state of…
The Plateau government has removed 579 workers from its payroll. Disclosing this on Monday in Jos, during the state’s monthly briefing, the Commissioner for Information and Communication, Mr. Muhammad Nazif,…
The federal government has hired private accounting firms to commence audit on how 35 states utilised about N510 billion given to them to meet their financial obligations. A statement, by Salisu Danbatta,…
The Nigerian National Petroleum Corporation has reacted to the alleged N3.235 trillion that was not remitted to the federation account in 2014. In a statement released on Wednesday, March 16,…
According to the federal government, not less than N3.2 trillion was unremitted into the national treasury by various Ministries, Departments and Agencies of government as well as foreign missions in…
Following the crash-landing incident of Wednesday, the Nigerian Civil Aviation Authority (NCAA) has suspended the operation of Bristow Helicopters Limited’s Sikorsky S-76C++ aircraft type. The suspension is to enable the…
The Minister of Transportation, Rotimi Amaechi, has ordered the immediate financial and staff audit of the Nigerian Maritime and Administration and Safety Agency (NIMASA). Amaechi instructed the Acting Director-General of NIMASA, Haruna…
by Mark Bassey The new Executive Committee of the Nigerian Football Federation has employed the services of interantionally renowned audit firm, Pricewaterhouse to audit the accounts of the Federation. The federation says the…
by Edet Akpan But really, was the recent grounding of Dana Air operations due safety reasons? Wouldn't this be the second time the airline is being grounded by the…
by 'Jola Sotubo The recent suspension of the operations of Dana Airlines came as an unexpected development for many but moreso it has reportedly left the staff of the airline…
by Oge Okonkwo A massive falsification of age of primary school teachers in Edo state public schools has been revealed in an audit carried out by the state's government. Governor of…
by Bashorun JK Randle How strange that it was only in Zimboda (and probably in Nigeria) that all the banks are being audited by only four firms; and the same…
by Stanley Azuakola We cannot know for sure how much is squirreled away in the coffers of the Peoples Democratic Party (PDP). One thing we do know is that the party’s National Auditor,…