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Saturday, November 28, 2020

NASS To Probe N48bn Abandoned Scanner At Apapa Port

NASS To Probe N48bn Abandoned Scanner At Apapa Port       The National Assembly may be on its way to open investigations on the three calibre mobile...

FG Okays N39.7bn For Roads, Erosion, Incinerators’ Contracts

FG Okays N39.7bn For Roads, Erosion, Incinerators’ Contracts       The Federal Executive Council on Wednesday approved contracts for different projects totaling about N39.7bn. The contracts include those...

Customs Seize Goods Worth N67.1m In Katsina

Customs Seize Goods Worth N67.1m In Katsina         The Comptroller-General of Customs (CGC), Strike Force Team, Zone B, has confiscated goods worth over N67 million smuggled...

AfDB Approves $25bn For Agric Development In Nigeria, 4 Other African Countries

AfDB Approves $25bn For Agric Development In Nigeria, 4 Other African Countries         The African Development Bank Group (AfDB) has approved the investment of $25 billion...

101,567 Beneficiaries Received N3.18bn COVID-19 Survival Fund – FG

101,567 Beneficiaries Received N3.18bn COVID-19 Survival Fund – FG         The Federal Government on Tuesday announced that 101,567 beneficiaries have been paid a total of N3.18bn...

Senate Okays FG’s N148.14bn Refund To Ondo, Osun, Others

Senate Okays FG’s N148.14bn Refund To Ondo, Osun, Others         The Senate on Tuesday approved the request of President Muhammadu Buhari’, seeking a refund of N148,141,969,161.24...

FIRS Generates N4.178trn In 10 Months

FIRS Generates N4.178trn In 10 Months         The Federal Inland Revenue Service on Monday said as of the end of October this year, it had generated...

Controversy Over N4.6bn Payments Due To IPPIS – Fashola

Controversy Over N4.6bn Payments Due To IPPIS – Fashola         The Minister of Works and Housing, Babatunde Fashola, said no money was missing or stolen under...

Fed Govt Processing $750m World Bank Loan For States

Fed Govt Processing $750m World Bank Loan For States         The Federal Government has said it is processing a World Bank loan of $750 million on...

Reps Demand N50bn Airlines Bailout

Reps Demand N50bn Airlines Bailout         The House of Representatives has said Nigeria’s aviation sector needs about N50bn to cushion the effects of the COVID-19 pandemic...

Fed Govt To Begin $195m Maritime Security Project Q1 2021

Fed Govt To Begin $195m Maritime Security Project Q1 2021       The federal government has disclosed that barring any unforeseen circumstance, the $195 million Integrated National...

Fed Govt Secures $72m For States On Land Development

Fed Govt Secures $72m For States On Land Development         The Federal Government has secured $2m each for the 36 states of the federation to develop...

Nigeria Needs $3trn To Bridge Infrastructure Gap – Report

Nigeria Needs $3trn To Bridge Infrastructure Gap – Report       Global credit rating agency, Moody’s Investors Service, has stated that the infrastructure in Nigeria is behind...

Afreximbank Grows Assets To $19bn

Afreximbank Grows Assets To $19bn       African Export-Import Bank (Afreximbank) grew its total assets to $19.33 billion as at 30 September 2020, up 34% from $14.44...

$37.6m Audit Funds: Reps Move To Sanction DG Budget Office

$37.6m Audit Funds: Reps Move To Sanction DG Budget Office         The Public Accounts Committee of the House of Representatives Thursday resolved to pursue sanctions against...

COVID-19: Rivers Misses Out As FG Disburses N66.5bn To States

COVID-19: Rivers Misses Out As FG Disburses N66.5bn To States       The Federal Government on Wednesday announced the disbursement of N66.5bn ($175m) to 35 eligible states...

House Decries N200bn Unclaimed Dividends

House Decries N200bn Unclaimed Dividends         The House of Representatives has expressed concerns over a projection that unclaimed dividends will hit N200bn or more by the...

AMCON Seizes Jimoh Ibrahim’s Assets Over N69.4bn Debt

AMCON Seizes Jimoh Ibrahim’s Assets Over N69.4bn Debt         The Asset Management Corporation of Nigeria announced on Wednesday that it had taken possession of 12 assets...

Customs Impound Falsely Declared Cargoes Worth N767m

Customs Impound Falsely Declared Cargoes Worth N767m       The Comptroller-General of Customs Strike Force in Zone ‘A’ has intercepted contrabands and raised Debit Notes on under-declaration...

States Borrow N900bn From Capital Market

States Borrow N900bn From Capital Market         The Securities and Exchange Commission (SEC), has disclosed that state governments in Nigeria have borrowed not less than N900...
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