Senate Probes Agency Over Sale Of N31m Jeeps For N1.5m       The Senate Public Accounts Committee has commenced investigation into the alleged sale of two Prado Jeeps worth N31 million at N1.5 million by officials of the Lake Chad Research Institute, Maiduguri, Borno State capital. The committee...

Customs Generate N46.85bn In Q1, 2021     The Ports and Terminal Multiservices Limited Command of Nigeria Customs Service has recorded N46.85bn as total revenue collection for the first quarter of 2021. According to a statement signed by the spokesman of the command, Muhammad Yakubu, the command collected...

Africa’s Climate Change Impact Rises To $50bn Annually       The African Development Bank (AfDB) has said the impact of climate change on the continent could rise to $50 billion each year by 2040, with a further three per cent decline each year in gross domestic product...

IMF Proposes $650bn Special Drawing Rights To Members — Kristalina Georgieva       The International Monetary Fund (IMF) is to propose a $650 billion Special Drawing Rights (SDR) to its member countries in the organisation’s efforts to boost their reserve positions. The Managing Director (MD) of the IMF,...

Nigeria Raked In $150m From Coconut Oil In 2020       The Minister of Agriculture and Rural Development, Sabo Nanono, on Wednesday in Benin disclosed that Nigeria generated $150m from the export of coconut oil and its derivatives in 2020. Speaking through his representative, Bernard Ukattah, a deputy...

2,210 Workers Withdrew N3.18bn From Voluntary Pension Contributions – PenCom       A total of 2,210 workers withdrew N3.18bn from their Retirement Savings Accounts with their respective Pension Fund Administrators in six months after making additional voluntary contributions, the National Pension Commission has said. PenCom said this in...