Customs command Increases Q1 Revenue Collection To N7.97bn       The Kirikiri Lighter Terminal Command of the Nigeria Customs Service has said its revenue collection rose by 36.8 per cent to N7.97bn in the first quarter of this year. The Comptroller of the command, Mr Hammi Swomen, disclosed...

CBN N120bn Fund: Consumers Want Meters, Improved Power Supply       Power consumers and power sector experts have tasked the 11 power Distribution Companies (DisCos) on accelerating meter installations for the over eight million customers while improving power supply by enhancing their networks. This is coming on the...

Reps Increase Customs’ Revenue Target To N1.6trn         The House of Representatives yesterday increased the revenue target of the Nigeria Customs Service (NCS) from N1.4 trillion to N1.6 trillion as expected revenue for the 2021 fiscal year. The House also approved about N257, 183, 671, 694. 71...

PenCom Raises PFAs’ Shareholders Funds To N5bn       The National Pension Commission has ordered the Pension Funds Administrators to raise their shareholders’ funds from N1bn to N5bn. Some operators disclosed this to our correspondent on Thursday. According to the commission, the total number of workers with pension accounts...

Senate Approves N216.646bn FIR's 2021 Budget       The Senate has approved N216, 646, 579, 231.00 as 2021 budget for the Federal Inland Revenue Service (FIRS). The Senate also approved the upward review of the revenue target of FIRS from N5.076 trillion last year to N7.61 trillion this...

Nigeria May Lose $1bn Annually To Contaminated Food       Nigeria may lose $1billion yearly to the consumption of aflatoxin contaminated food that result in diseases such as liver cancer, stunted growth among other disease, a recent study says. To this end, stakeholders have urged the Federal Government...