IPMAN To Present Over N50bn Claim To Downstream Authority
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it would present its outstanding claims of over N50 million to the Midstream and Downstream Regulatory Authority’s management.
It's National Vice President, Alhaji Abubakar Maigandi, said IPMAN...
The adoption of the Central Bank Digital Currency (CBDC) and its underlying technology, called block chain, can increase Nigeria’s GDP by $29billion over the next 10 years, President Muhammadu Buhari said Monday in Abuja at the official launch of the eNaira.
The President also...
Pension Funds Invested In Banks Rise To N2.05trn – PenCom
The total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of July from N1.48tn in January.
The National Pension Commission disclosed this in its report, titled ‘Unaudited...
NCS, FOU Intercepts Contraband Worth N723.28m
The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone A, Ikeja, Lagos has announce that it seized several illegally imported items valued at N723.28 million.
Announcing the seizure in Lagos, Acting Controller of the unit, Deputy Comptroller Ejibunu HK...
CBN Raises Healthcare Fund To N200bn
Healthcare providers, hospitals, and pharmaceuticals are to benefit in the expansion of the healthcare sector intervention fund from N100 billion to N200 billion by the Central Bank of Nigeria (CBN).
The expansion was recommended by the Monetary Policy Committee (MPC).
CBN...
FAAC Meeting Deadlocked As States, LGs Protest $418m Paris Refund Deductions
A meeting of the Federation Account Allocation Committee (FAAC) for October 2021, held last Friday, was inconclusive as states and local governments resisted the commencement of deductions in relation to the $418 million judgement...
