Customs Port Harcourt Command Rakes In N81.2bn Revenue   The Nigeria Customs Service (NCS) Area II Command, Onne Port, has announced that it generated a total revenue sum of N81.196 billion in the third quarter ending September 30, 2019. The amount generated surpassed the sum of N69,535,174,318.38...

CBN’s Support To Power Sector Now N1.695trn     The financial support provided by the Central Bank of Nigeria (CBN) to Nigeria’s power sector is set to hit a total of N1.695 trillion, making it the single largest creditor to the sector, an analysis of a report...

AMCON Charged On Recovery Of N5trn Debt   The Minister of Finance, Mrs Zainab Shamsuna Ahmed has charged the Asset Management Corporation of Nigeria (AMCON) to do everything with the powers of its newly amended Act to recover the huge debt owed the corporation by a...

FG Proposes N536.7bn For Pension, Others In 2020     The federal government has proposed a total of N536,717,450,121 for settlement of pensions, gratuities and retirement benefits of retired and serving workforce in the 2020 Appropriation Bill the President Muhammadu Buhari presented to the National Assembly last...

FG, IOCs Commence Talks On $62bn Dispute   The Federal Government has commenced preliminary talks with international oil companies in a bid to settle a dispute over oil revenue. Last week, it was reported that Nigeria was seeking to recover as much as $62bn from the IOCs,...

Banks Record N49.4trn Online Transactions   Increase in alternative digital payment platforms has reduced the number of visits to banking halls as indicated by the reduced number of payments made by cheques in the first half of the year. The volume of cheques cleared by Nigerian banks...