Financial

2,210 Workers Withdrew N3.18bn From Voluntary Pension Contributions – PenCom       A total of 2,210 workers withdrew N3.18bn from their Retirement Savings Accounts with their respective...

IMF Excludes Nigeria From Debt Relief     Nigeria has been excluded from the list of 28 countries granted debt pardon by the Executive Board of the...

'How 10 MDAs Yielded Only N400m To Federation Account In 2019'       Ten of at least 11  (MDAs) that remitted revenues to the federation account in...

Gencos Got N81.14bn Payment Assurance In 2020 – NERC       Power generation companies received N81.14bn as payment assurance from the Nigeria Electricity Bulk Trading Plc in...

Senate Queries Financial Council Over N258m Extra-budgetary Expenditure       The Senate has commenced a probe into an alleged spending of N258m by the Financial Reporting Council...

Companies May Raise N1trn Corporate Debts In 2021       Commercial banks, international oil companies (IOCs), multinational companies, leaders in fast-moving consumer goods (fmcg) and financial technology...

Customs Rakes In N16m In Eighteen Months       The Nigeria Customs Service (NCS) Joint Border Patrol Team Sector three has disclosed that it raked in over...

Fed Govt Advises States On Requirements For $1.5bn Fiscal Support         The Federal Government on Sunday urged states to domesticate the National Chart of Account to...

Service Chiefs Delaying Defence, Vaccine Supplementary Spending – FG       The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Wednesday gave an indication that...

Customs Seize Cannabis, Others Worth N412.78m       The Nigeria Customs Service, Seme Command, has intercepted a total of 232 parcels of Cannabis Sativa with a duty...

FIRS To Access Computers, PoS Of Taxable Persons, Firms       The Federal Inland Revenue Service (FIRS) has said it will soon begin to access computers and...

FCT Councils, Others Share N3.7bn In February       The Federal Capital Territory (FCT) administration has disbursed a total sum of N3.736 billion in February as against...

Fed Govt Recovers N49.7bn Out Of N5.2trn Debt - Ahmed     The Minister of Finance, Budget and National Planning, Zainab Ahmed has disclosed that the Federal...

Sub-Saharan Africa Growth To Hit 3.4% In 2021 — W/Bank       Economic growth in Sub-Saharan Africa (SSA) is expected to rise between 2.3 percent and 3.4...

LIRS Extends Deadline For Individual Annual Tax Returns’ Filling       Lagos State Internal Revenue Service has extended the deadline for filing of individual annual tax returns...

Niger Delta Group Supports FG On $1.5bn P/Harcourt Refinery Repair       The Niger Delta Non-Violence Agitators Forum has said the opposition to the $1.5bn proposed by...

Nigeria Spends $1.5bn Annually On Dairy Products       The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono yesterday said, the country still imports 60 per...

N4.7trn Debt: AMCON Pays N2trn To CBN       The Asset Management Corporation of Nigeria (AMCON) has repaid N2 trillion out of its N4.7 trillion commitment to...

$1.5bn For P/Harcourt Refinery Rehabilitation Outrageous – Reps Caucus       The minority caucus in the House of Representatives has rejected the $1.5bn approval for rehabilitation of...

We Recovered N1bn Debit Notes From Importers, Shippers - NCS       The Comptroller General of the Nigeria Customs Service (NCS), Strike Force Unit says it has...