Fed Govt Distributes N20,000 To 5,000 Households   The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development on Wednesday began the distribution of N20,000 each to 5,000 beneficiaries in the Federal Capital Territory. According to the ministry, the move was to cushion the effect of...

Customs Intercept Seven Vehicles Of N20.7m Poultry   Operatives of the Nigeria Customs Service, Federal Operations Unit in Zone A, say they have intercepted and destroyed poultry worth N20.7m. The acting Controller of the unit, Usman Yahaya, who confirmed this, said the seizures were made in two...

FCT, Lagos, Ogun, May Lose N1.6trn To Lockdown     At least N1.62trn is expected to be lost in terms of monetary output by businesses and firms as a result of the two-week restriction of movement imposed on Lagos, Ogun and the Federal Capital Territory by the...

Customs Impound N197.4m Contraband, Generate N224m   The Nigeria Customs Service ‘Zone D’ said it had intercepted smuggled goods valued at N197.4m. It said the goods were seized between November 2019 and March 24, 2020. The Comptroller, Federal Operations Unit, ‘Zone D’ comprising Borno, Yobe, Adamawa, Taraba, Bauchi,...

Customs Joint Border Operations Intercept Smuggled Goods Worth N802m   The Zonal Coordinator, Joint Border Drill Operations in charge of the North Central zone, Mr. Mohammed Uba Garba, said his team has intercepted 151 smuggled goods worth over N802 million since its inception. He also said it...

IMF Launches $1bn Fund Raising For Poor Countries   The International Monetary Fund says it has launched a fund-raising exercise that will enable the Catastrophe Containment and Relief Trust to provide about $1bn for the current COVID-19 pandemic. The Managing Director, IMF, Kristalina Georgieva, in a statement,...