Monetary

Imo Lecturer In Dilemma Over TETfund N10m Grant             A lecturer in the department of Electrical and Electronics from the Imo State University, (IMSU) Owerri in...

Customs May Generate N500bn From Overtime Cargoes Auction             The Nigeria Customs Service (NCS) may rake in over N500 billion from over 8,000 overtime cargoes that...

Senate Indicts 39 MDAs Over N2.2bn Payment Advances           The Senate has indicted the Budget Office, the ministries of information, interior and 36 other federal agencies...

Nigerians Spend $13bn Annually On E-Commerce — Fed Govt             The federal government had said that e-commerce spending in Nigeria is estimated at $13 billion annually. The...

VAT Judgement: FIRS May Lose N92bn Revenue To States             If the judgement of the Federal High Court asking states government to collect Value Added Tax...

Remittances To Nigeria, Others May Drop To $41bn This Year - Report               Remittances to Nigeria and other African countries are expected to decrease by 5.4...

Twitter Ban: Nigeria Loses N247.61bn In 100 Days       The Twitter ban in Nigeria has extended to 100 days, and in that time frame the nation...

Nigeria Records N1.87trn Trade Deficit Amid Rising Crude Oil Exports     Nigeria recorded a trade deficit of N1.87tn in the second quarter of the year despite...

Osinbajo Says Reducing Customs Procedure Can Lift Nigeria, Others By $250bn       Vice President Yemi Osinbajo has said that despite the monumental challenges posed by climate...

Nigeria, Others Lost $793.7m To Maritime Insecurity – NIMASA DG       Nigeria and other countries on the shores of the Gulf of Guinea lost $793.7m in...

Paris Club Refund: Govs Ask Banks To Stop $418m Consultants Pay         The Nigeria Governors’ Forum (NGF) has asked banks not to proceed with the payment...

Oil And Gas Trade Zone Attracts $16.6bn Foreign Investments In 20 Years         The Oil and Gas Free Trade Zones Authority has attracted the sum of...

SEC Remits N1.5bn To FG, Assures Of Profitability In Two Years         Following comments attributed to the Nigerian Senate that the Securities and Exchange Commission (SEC)...

COVID-19 Loans: CBN Receives Over 8million Applications, Disburses N400bn       The Central Bank of Nigeria has disclosed that it has received over eight million applications from...

NSIA Assets Grew By 250% To $3.5bn In Six Years - Finance Minister       The Minister of Finance, Budget and National Planning, Zainab Ahmed, has revealed...

EFCC Working With Customs To Recover N10.6bn – Reps       The House of Representatives Committee on Customs said on Wednesday that it was working with the...

FEC Okays N89.6bn For Road, Aviation Projects       The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved about N89.6bn worth of...

In Five Years, Telecoms Sector Attracted $3.9bn Foreign Investments       Between 2015 and 2020, Nigeria’s telecommunications sector attracted $3.9 billion foreign investments (portfolio and direct). The...

We Spent N1.5trn On COVID-19 Management, Says Fed Govt       The federal government yesterday revealed that it spent over N1.5 trillion in managing the effects of...

FAAN Contractors Cry Out Over N140bn Debt       The controversy trailing the proposed concession of four international airports by the Federal Government took another dimension yesterday...