Monetary

Total Nigeria Forecasts Cash Flow Of N19.17bn In Q3, 2021

Total Nigeria Forecasts Cash Flow Of N19.17bn In Q3, 2021     Total Nigeria Plc has forecast a free cash flow of N19.17bn by September 31 after purchases of fixed assets have been accounted for. The company said in a statement that it expects revenue of N66.03bn in...

Over N2trn Remitted Through Our Work, Says FRC Boss

Over N2trn Remitted Through Our Work, Says FRC Boss       The Fiscal Responsibility Commission (FRC) says it has caused over N2tn to be remitted into Consolidated Revenue Account federation account since inception in 2007. The chairman of the commission, Victor Muruako stated this when he appeared before...

Apapa Customs Generate N336bn Revenue In Six Months

Apapa Customs Generate N336bn Revenue In Six Months     The Apapa Command of Nigeria Customs Service (NCS) has collected a total of N336 billion for the first half of the year. The Command also recorded N272.3 billion worth of goods in export in the same period. The...

$1bn Leather Industry Can Boost Nigeria’s Earnings – Osinbajo

$1bn Leather Industry Can Boost Nigeria's Earnings - Osinbajo       The leather market, with its projected $1 billion earnings by 2025, has the potential to improve the nation’s foreign exchange earnings, boost growth and provide employment for young Nigerians. Vice President Yemi Osinbajo made this known during...

NCC Earns N150bn From Spectrum License Fees In Five Months

NCC Earns N150bn From Spectrum License Fees In Five Months         The Nigerian Communications Commission (NCC) has generated N150 billion Spectrum revenue for the Federal Government between January and May 2021. The revenue exceeded the commission’s N36 billion projected revenue from spectrum licence fees for 2021. According to...

Senate Summons Ex-NSITF Bosses Over Alleged N84bn Embezzlement

Senate Summons Ex-NSITF Bosses Over Alleged N84bn Embezzlement       The Senate has summoned former managing directors of the Nigeria Social Insurance Trust Fund ( NSITF) over alleged missing financial documents in the agency. The former NSITF bosses are expected to appear before the Senate Public Accounts Committee...