12 March, 2014 The Federal Government has debunked the reported disappearance of N24 billion from the Police Pension Fund, saying the money in question was discovered to be an over-estimation of pensions arrears and subsequently returned to government coffers in line with standard practice. Coordinating Minister for the Economy and […]

Nigerian President Goodluck Jonathan has authorised a forensic audit of the national energy company, the presidency said on Wednesday, after weeks of public uproar over an alleged $20 billion in missing state revenues. Central Bank Governor Lamido Sanusi presented evidence last month to parliament that he said showed the Nigeria […]

The board of Ecobank decided on Tuesday to remove chief executive Thierry Tanoh following months of turmoil over leadership of one of the biggest financial institutions in sub-Saharan Africa, bank sources said. Two senior bank sources said that Tanoh had been removed during a board meeting in the Cameroon capital […]