SON To Destroy N38m Worth Of Substandard Roofing Sheets
The Standards Organisation of Nigeria is set to destroy N38m worth of substandard roofing sheets found in a Lagos warehouse.
This is coming a week after the agency confiscated N200m worth of substandard roofing sheets in Uyo,...
Presidential Panel Demands N684bn Oil Block Renewal Fee From Mobil
...Company Denies Indebtedness
The Special Presidential Investigation Panel for the Recovery of Public Property says an oil giant, Mobil Producing Nigeria Unlimited (ExxonMobil), is indebted to the Federal Government to the tune of $1.6bn, The PUNCH...
CBN Issues N22.9bn Seed Capital For Creative Industry
The Central Bank of Nigeria, in collaboration with the Bankers’ Committee, has provided N22.9 billion seed capital for the Creative Industry Financing Initiative (CIFI).
In a circular released at the weekend, the apex bank said the CIFI project...
Customs Intercepts 140 Bundles Of Textiles Worth N11.2bn In Lagos
Customs officers attached to the Federal Operations Unit (FOU), Zone A, yesterday, said it intercepted 140 bundles of textile materials worth N11.2bn.
The customs said the textile materials were smuggled into the country from neighbouring countries...
Nigeria Consumes N1.2bn Worth Of Rice Daily — RIFAN
Nigeria consumes a minimum of N1.2bn worth of rice every day, the Rice Farmers Association of Nigeria stated on Wednesday.
RIFAN said its findings also showed that virtually all rice consumed across the country were cultivated and...
Oil Revenue Records Another Monthly Decrease Of N62bn
The shut-ins and shutdowns of some terminals by the Nigerian National Petroleum Corporation led to another monthly drop in the gross oil revenue that comes to the federation.
Latest data from the Central Bank of Nigeria showed that...
