Home / Tag Archives: Business

Tag Archives: Business

How FAAC overpaid states N10bn in bailout funds — Auditor-General

Office of the Auditor-General of the Federation has revealed that the Federation Accounts Allocation Committee, FAAC, overpaid states N10bn in bailout funds. President Muhammadu Buhari had approved the release of the funds in 2015 to help governors pay salaries in their various states, a loan facility that the states are …

Read More »

Buhari reveals why he refused to sack Emefiele as CBN boss

President Muhammadu Buhari has said he refused to replace Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), when he took over power, because he wanted to give him the opportunity to salvage the economy from its “terrible condition”. Buhari disclosed this on Friday night, when he hosted some …

Read More »