First Bank’s former CEO Onasanya refutes role in alleged N12 billion fraud

Category: Procurement News

In a statement released by its communication advisor Michael Osunnuyi, Mr Onasanya dismissed the accusation as “baseless,” and “unfounded” noting the...

Africa: Billionaire Wealth Surges By $2 Trillion in 2024, Poverty Levels Remain Static

Category: Procurement News

Oxfam Oxfam predicts there will be at least five trillionaires a decade from now....

Curbing public financial irregularities and contract scams through due process review mechanism—Part 1

Category: Procurement News

Early last month, it was widely reported in the media that the Office of the Auditor-General of the Federation (AuGF) read more Curbing public financial...

AfDB commits $1 billion to boost agribusiness industry

Category: Procurement News

President of the African Development Bank (AfDB) Group, Dr Akinwumi Adesina, has said that the bank has made financing plans of $1 billion for the second phase...

‘Procurement, contract frauds account for 90% of Nigeria’s corruption cases’

Category: Procurement News

Chairman of the Economic and Financial crimes Commission, (EFCC), Ola Olukoyede, has described public sector corruption as the greatest problem of the country...

Ailing insurance firms owe policyholders N50 billion in outstanding claims

Category: Procurement News

The rising rate of insurance claim defaults is unsettling in the sector, and the insured is fast pitching against the insurers. The post Ailing insurance firms...

Group Warns Tinubu’s Administration Over Poor Capital Budget Implementation

Category: Procurement News

A public policy and governance advocacy group, Citizens Media and Development Network (CIMEDEN), has cautioned that without a more “aggressive and strategic...

Nigeria Awarded Hosting Rights for 2026 Commonwealth Fencing Championships

Category: Procurement News

Nigeria has made history by being awarded the hosting rights for the 2026 Commonwealth Senior and Veterans Fencing Championships, becoming the first African...

Family seeks Mbah’s intervention in incarceration of blind 86-yr-old monarch

Category: Procurement News

The Odenigbo Royal Family, Akpakwume autonomous community, Udi Local Government Area of Enugu State, at the weekend, called on Governor Peter Mbah to intervene...

Board moves to sanitise BPP in Rivers

Category: Procurement News

The Rivers State Government has taken a bold step to ensure transparency and accountability in the procurement process, with the governing board of the...

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