Monetary

Customs Generate N2.5trn Revenue In 11 Months   The Nigeria Customs Service (NCS) generated over N2.5 trillion revenue between January and November this year. NCS National Public...

Agric Sector Records N1.7rn Trade Deficit In Nine Months   The agricultural sector recorded a trade deficit of N1.7tn between January and September this year, as...

NERC: Togo, Benin Q2 Electricity Debt To Nigeria Hits N770m   The Nigerian Electricity Regulatory Commission (NERC) says the Republic of Benin, Niger Republic, Togo did...

BoI, Other Partners Boost NYSC Entrepreneurship Scheme With N3.6bn   Bank of Industry has disclosed that it has, along other partners, supported the National Youth Service...

W/Bank Rolls Out N329.53bn Cash Transfer Programme In Nigeria   The World Bank is rolling out an $800m (N329.53bn at official exchange rate) facility designed to...

53 Local Oil Firms Get N124bn NCDMB Loans For Development   At least 53 local oil service firms have accessed the $300 million Nigerian Content Development...

Reps Order Probe Of Navy’s $195.3m Equipment Contract To Foreign Firm   The House of Representatives has mandated its Committee on Navy to investigate whether the...

National Assembly Okays N633bn Budget For NCC   The National Assembly has approved a N633.393 billion budget of the Nigerian Communications Commission (NCC) for the 2022...

Presidency Spends N34bn On Food, Travels In Six Years   The Presidency’s budgetary allocations for food and travels hit N34bn in six years, according to data...

Pensioners Receive N17bn Unfunded Liabilities 30 Years After   The federal government has paid over N17 billion unfunded liabilities to pensioners after 30 years. The payment is...

Fed Govt To Pocket N227bn As MTN, Mafab Win 5G Licence   Nigerian Communications Commission (NCC) has declared MTN Nigeria and Mafab Communications winners of the...

Power Firms Owe Banks N820bn Amid Sector's Lingering Problems     The debt owed to Nigerian banks by operators in the power sector rose by 11.85 per...

Customs Grants Over N1.4trn Waivers In Three Years   The Nigeria Customs Service (NCS), granted over N1.4trillion as waivers on imported goods in the last three...

In Nine Months, Nigeria Imports N143bn Solid Minerals   Nigeria imported solid minerals worth N143.1bn from January to September this year, according to data collated from...

Reps Panel Queries FIRS Over Payment of N45m On Five Guests In Five Days, N40m On Entertainment       The House of Representatives Public Accounts Committee ,...

Jimoh Ibrahim Loses Appeal Against AMCON Over N69.4bn Debt     The Court of Appeal Lagos Division has dismissed an appeal by the Chairman of Global Fleet...

Reps Probe Institute’s N2bn Spending, Bank Of Agric Debts     The House of Representatives’ Committee on Public Accounts has resolved to investigate the utilisation of the...

In Six Months, NSITF Paid N.5bn Claims To Workers, Employers     THE Nigeria Social Insurance Trust Fund has disbursed N529.9 million to workers for medical expenses...

Importers To Pay N300bn Freight Rates On Foreign Rice To Nigeria, Others     Foreign rice importers will pay a total of N300 billion ($579. 75million) to...

Senate Queries PEF’s N100m Interest On 2015 N34bn Fixed Deposit       The Senate has condemned the management of the scrapped Petroleum Equalization Fund for not remitting...