The Senate is in the process of subjecting the Office of the Auditor-General for the Federation (OAuGF) to independent financial audit by auditors appointed by the National Assembly as part of efforts to ensure greater transparency and accountability in the nation’s public sector financial system. This proposal is part of […]
Tag: Senate
SEC nominee White promises “unrelenting” enforcement
Mary Jo White, the nominee to head the Securities and Exchange Commission, plans to tell lawmakers on Tuesday that she will bring a “bold and unrelenting” enforcement program to the agency if she is confirmed by the Senate. “Investors and all market participants need to know that the playing field […]
Nigeria oil bill passes second reading in Senate
Nigeria‘s long-awaited oil bill has passed a second reading in the upper house, paving the way for it to go to specialist committees to be discussed, Senate sources said on Friday. The comprehensive Petroleum Industry Bill (PIB) has been more than five years in the making and previous versions failed […]
