Contributory Pension Assets Rise To N12.4trn       The total assets under the Contributory Pension Scheme rose to N12.4tn as of the end of April, according to the latest data obtained from the National Pension Commission on Wednesday. PenCom, in its unaudited report on the pension funds industry...

N97.5bn Healthcare Intervention Funds Disbursed - CBN       The Central Bank of Nigeria says it has disbursed N97.4bn out of the N100bn credit intervention for the healthcare industry. The CBN disclosed this in the communique issued after the Monetary Policy Committee meeting on Tuesday. It said the intervention...

Customs Recover N426m Unremitted Revenue From Importers       The Nigeria Customs Service (NCS) has recovered N426 million revenue that was not remitted by some importers at the Lagos Port Complex. The Coordinator of the Strike Force of the Comptroller General, Deputy Comptroller, Ahmadu Shuaibu, who stated this...

NIMASA Boss To EFCC: Probe N1.5trn Allegation Against Me         The Director-General of the Nigerian Maritime Administration and Safety Agency, Mr Bashir Jamoh, has asked the Economic and Financial Crimes Commission to investigate an allegation of N1.5tn fraud levelled against him by one Jackson Ude. Ude had...

Currency In Circulation Drops By N10bn       Currency in circulation dropped by N10bn from N2.81tn as of the end of March to N2.8tn as of the end of April, latest statistics from the Central Bank of Nigeria showed on Monday. According to figures from the CBN, the...

Reps Allege Sabotage, Grill Officials Over $120m Abandoned Ports’ Scanners         The House of Representatives’ Committee on Customs and Excise, on Monday, grilled top officials of the Federal Government over the abandonment of 22 cargo scanners that cost taxpayers $120m at the seaports, airports and land...