Onne Command Rakes In N69.4bn       As further proof to the efficiency of the closed borders, the Port Harcourt Area II Command of Nigeria Customs Service in Onne has declared N69,449,896,709.79 as revenue from January to August 2020. Former Controller of the command, Aliyu Galadima Saidu made...

How Nigeria Can Unlock $900bn Dead Capital To Address Stimulus Gap       With at least $300 billion or as much as $900billion worth of dead capital in residential real estate, and agricultural land, financial analysts have urged the Federal Government to partner with the private sector...

FG Moves To Recover Over N100bn Revenues From Lottery Sector     The Minister of Special Duties and Inter-Government Affairs , Senator George Akume, has said efforts are underway to recover the backlog of over N100 billion revenues due for government from the lottery sector. The minister disclosed...

AfDB Attracted $78.8bn Investments To Africa - Adesina     The African Development Bank (AfDB) attracted $78.8 billion investments into Africa in two years, its President Dr. Akinwunmi Adesina, has said. The continental bank was able to mobilise this investments “through the innovative and groundbreaking Africa Investment Forum...

Nigeria Spends N148bn On Refineries     Nigeria spent N148 billion in the last 13 months on three refineries but produced less than 40,000 metric tons of crude oil, a June report published by Nigerian National Petroleum Corporation (NNPC) has shown. It attributed the operational shortfall to the...

FIRS Targets N446bn From Stamp Duties     Tax payment remains the hardest civic responsibility for most citizens making tax collection challenging for agencies. At this period of economic turmoil triggered by COVID-19 pandemic, collection of taxes have also become more daunting. For instance, the Finance Act...