Customs Generate N466.1bn Revenue In Q1,2021       The Nigeria Customs Service (NCS) has generated N466.1 billion revenue in the first quarter (Q1) of 2021. The statistics obtained from the office of the Public Relations Officer of the service, Mr Joseph Attah, yesterday, showed that the revenue was...

FG Generated N2.15trn From MDAs Operating Surplus - FRC       The Fiscal Responsibility Commission said it caused Ministries, Departments and Agencies to remit over N2.15tn into the Consolidated Revenue Fund of the Federal Government as operating surpluses over the past 11 years. FRC Chairman, Victor Muruako, said...

NCS Intercepts Used Vehicles, Smuggled Rice Worth N1.3bn in Q1, 2021       The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone C, has announced that it intercepted contraband and raised a debit note (DN) worth N1.3 billion in the first three months of 2021. In a...

FG Okays N14.55bn Operational Vehicles, Boats For Customs   The Federal Government on Wednesday approved the purchase of 427 operational vehicles worth N14.55bn for the Nigerian Customs Service. This was one of the decisions reached at the weekly meeting of the Federal Executive Council presided over by...

AMCON Seeks Special Tribunal To Recover N5.4trn Debt       The Asset Management Corporation of Nigeria (AMCON) has approached the National Assembly to be accommodated in the provisions of the newly amended Banks and Other Financial Institutions Act, 2020 (BOFIA, 2020), which sets up Special Tribunals for...

BDCs Record N1trn Turnover, Seek Diaspora Remittances Agency       The Association of Bureaux de Change Operators of Nigeria has said that its annual turnover is now N1tn. The President, ABCON, Alh Aminu Gwadabe, said this during a virtual event with the theme ‘BDCs’ operations: A trillion-naira sub...