Fed Govt Recovers N49.7bn Out Of N5.2trn Debt - Ahmed     The Minister of Finance, Budget and National Planning, Zainab Ahmed has disclosed that the Federal Government has succeeded in recovering N49.7bn out of its N5.2tn debt. She was speaking on the council’s approval for the second...

Niger Delta Group Supports FG On $1.5bn P/Harcourt Refinery Repair       The Niger Delta Non-Violence Agitators Forum has said the opposition to the $1.5bn proposed by the Federal Government for the rehabilitation of the Port Harcourt refinery is needless. The organisation also said going to court to...

Nigeria Spends $1.5bn Annually On Dairy Products       The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono yesterday said, the country still imports 60 per cent of dairy products consumed locally, amounting to about $1.5 billion yearly. Nanono spoke at the National Diary Policy Stakeholders Engagement...

N4.7trn Debt: AMCON Pays N2trn To CBN       The Asset Management Corporation of Nigeria (AMCON) has repaid N2 trillion out of its N4.7 trillion commitment to the Central Bank of Nigeria (CBN), its Managing Director/CEO Ahmed Kuru has said. Speaking on the corporation’s focus in his new...

$1.5bn For P/Harcourt Refinery Rehabilitation Outrageous – Reps Caucus       The minority caucus in the House of Representatives has rejected the $1.5bn approval for rehabilitation of the Port Harcourt refinery, describing the figure as ‘outrageous and heavily inflated’. The caucus, therefore, demanded an immediate review of the...

We Recovered N1bn Debit Notes From Importers, Shippers - NCS       The Comptroller General of the Nigeria Customs Service (NCS), Strike Force Unit says it has recovered debit notes worth N1bn from importers, shippers in the last three months. The service also said smugglers now made use...