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    Kapital FM 92.9 The Station that Rocks!

Economics

231 Results / Page 8 of 26
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Economics

3 Electricity Discos Face 72-Hour Ultimatum Over N100bn Debt

The House of Representatives Public Accounts Committee, PAC, has given the management of Ibadan, Benin, and Port Harcourt Electricity Distribution Companies 72 hours to appear before it over unpaid debts exceeding N100 billion owed the Federation Account. At an investigative hearing in Abuja, the Chairman of the Committee Bamidele Salam, warned that the companies’ repeated failure to respond to previous invitations is unacceptable noting that some debts have remained unpaid […]

todayDecember 16, 2025

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Economics

House Ad-Hoc Panel Accuses Banks Of Illicit Deductions, Summons CEOs

The House of Representatives ad-hoc committee investigating the deduction of taxes and sundry charges from the earnings of civil and public servants as well as multiple bank charges on customers’ accounts has given commercial banks in Nigeria a four-day deadline to submit all requested documents relating to their fees and deductions. The committee also insisted that the chief executive officers of the financial institutions must appear in person at its […]

todayDecember 10, 2025

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Economics

NISECEXPO-DICON 2025 Set To Commence In Abuja

As part of efforts to provide a robust platform for defence equipment manufacturers, policymakers and security agencies to explore emerging technologies and strengthen national security collaboration, the Defence Industries Corporation of Nigeria DICON, in collaboration with NISEC Expo, has announced the 2025 Nigeria Security Exhibition and Conference NISECEXPO-DICON 2025. The event is scheduled to take place from December 8 to 10, 2025, at the National Defence College, Abuja. Speaking at […]

todayDecember 3, 2025

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Economics

Speaker Debunks Alleged Unaccounted N18.6b For NASC Project

The Office of the Speaker of the House of Representatives has denied claims that Speaker, Dr Abbas Tajudeen failed to account for ₦18.6 billion allegedly linked to the National Assembly Service Commission NASC, headquarters project. In a statement, the Speaker’s media aide, Musa Abdullahi said the allegations reported in some media outlets and attributed to the Socio-Economic Rights and Accountability Project, SERAP, was “misleading” and wrongly suggested the Speaker had […]

todayDecember 2, 2025

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Economics

Failure To Implement PIA Funds Denied Niger Delta N1.65tr For Clean-up

The House of Representatives Committee on South South Development Commission says Nigeria’s failure to implement two critical Petroleum Industry Act, PIA, funds has denied the Niger Delta an estimated ₦1.27 trillion to ₦1.65 trillion that should have accrued for cleaning up polluted environments and decommissioning obsolete oil facilities since 2021. Chairman of the committee, Julius Pondi, said this during an interactive session at the National Assembly to examine the continued […]

todayNovember 26, 2025

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Business

Yuletide: Wike Orders Water-Tight Security In Abuja

Minister of the Federal Capital Territory (FCT), Dr. Nyesom Wike, has ordered water- tight- security measures across Abuja, especially increased surveillance at all borders linking neighbouring states and major entry points. To enforce this directive, the Operation Sweep Squad, comprising a joint military task force, the police, the Department of State Services (DSS), and other security agencies, has been deployed to strategic locations within the nation’s capital. Addressing the team, […]

todayNovember 25, 2025

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Art and Culture

FCT : Preparations In Top Gear For Maiden Edition Of ‘Groovy December’

Preparations are in top gear for the maiden edition of Groovy December, a new tourism, culture, and entertainment festival aimed at repositioning Abuja as a major national and international holiday destination. Coordinator of the Emerging Abuja Projects and convener of the festival, Dr. Kenneth Ibe-Kalu said the initiative is designed to provide diverse and memorable experiences for both residents and visitors during the festive season. Speaking in Abuja during the […]

todayNovember 25, 2025

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Business

Wike Vows Timely Kuje Projects Completion, To Unveil More School Projects

Minister of the Federal Capital Territory (FCT), Dr. Nyesom Wike, has expressed satisfaction with the pace and quality of ongoing road construction projects in Kuje Area Council, assuring residents that the Airport to Kuje Road will be completed and delivered by June next year. The minister who stated this during an inspection of Kuje projects, also revealed that a series of school projects would soon be commissioned across the territory. […]

todayNovember 25, 2025

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Business

Senate : Tinubu Submits Legal Practitioners Bill, Sets Stage For Legal Reforms

President Bola Tinubu has forwarded the Legal Practitioners Bill 2025 to the Senate, marking a significant step toward modernizing the nation’s legal framework. President of the Senate, Godswill Akpabio, presented the Legal Practitioners Bill 2025 during plenary in Abuja. The bill aims to replace the outdated Legal Practitioners Act of 2004 with far-reaching reforms intended to regulate and strengthen professional standards within Nigeria’s legal sector. Senator Akpabio explained that the […]

todayNovember 25, 2025