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House of Representatives

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.

Reps signal imminent payments on N1.8trn contractor debt

Members of the House of Representatives say the Federal Government could release part of its N1.8 trillion contractor debt payments as early as this week, following years of failed disbursements from the 2024 budget cycle.

Nigeria Tax Laws Face Fresh Resistance as Lawmakers, Students and Court Step In

Nigeria’s new tax laws face growing resistance as lawmakers, students and the courts question their authenticity and planned rollout.

Nigeria Lawmakers Approve Revised 2024 and 2025 Budgets

Nigeria’s House of Representatives approved revised 2024 and 2025 budgets, raising spending levels as the government adjusts to revenue limits and execution challenges.

Peter Obi: Not Criminalising Vote Buying at Primaries Hurts Democracy

Peter Obi faults lawmakers for failing to criminalise vote buying at party primaries, warning the practice damages Nigeria’s democracy.

Reps Press FG Over WAEC Subject Removals

Lawmakers urge the Education Ministry to reverse recent WAEC subject removals, warning the changes threaten students’ preparation for the 2026 examination cycle.

Nigeria Lawmakers Demand Urgent Action as Violence Surges Nationwide

Lawmakers warned of rising insecurity in Nigeria, citing kidnappings, banditry, and weak institutions, and called for legislative reforms and stronger security measures.

House Launches Probe Into Tax Deductions and Bank Charges

The House launches a probe into excessive tax deductions and bank charges as lawmakers move to ensure fairness in Nigeria’s financial system.

House Approves Tinubu’s $2.35 Billion Loan, $500 Million Sukuk

Nigeria’s House of Representatives approves Tinubu’s $2.35 billion loan and $500 million sovereign sukuk to finance the 2025 budget and infrastructure.

Reps Raise Alarm Over Terrorists Threats To Bomb National Assembly

Reps reveal terrorist threats to bomb the National Assembly and propose a bill to improve security at Nigeria’s legislature.

Reps Launch Probe Into Excessive Bank Charges

Nigeria’s House of Representatives has ordered an investigation into arbitrary deductions by commercial banks and directed the CBN to publish a clear list of approved charges.

House of Reps Recovers ₦11.49bn from Oil Companies

The House of Representatives recovers ₦11.49 billion (about $23.3 million) from oil companies as part of ongoing efforts to ensure financial accountability.

Reps Probe Utilization of Take-Off Grants, Bailout Funds from 2015 to Date

The House of Representatives investigates take-off grants and bailout funds, with a focus on transparency and accountability

Latest articles

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.

Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.