Customs Rake In N54bn Revenue In Three Months
The Nigerian Customs Services (NCS) says it generated over N54 billion revenue from its operations in Area 2 Command, Onne Port, Rivers State, between January and March, 2023.
The Comptroller, Baba Imam, who stated this during a briefing...
Fed Govt $22bn Loan Request Declined By Chinese Bank – Reps
The House of Representatives, on Tuesday, approved the request by the Federal Government to borrow $973,474,971.38 from China Development Bank.
This followed the decision by the China-Exim Bank to reject Nigeria’s $22,798,446,773 loan request earlier...
Despite Acceptance of Old Notes, Crowd Overwhelm Banking Halls
The CBN had earlier instructed commercial banks to immediately collect the old naira notes, deposited at the apex bank, promising that before the end of the week, the nation would be awash with more naira notes,...
FG Loses Suit To Recover N70trn Loot Over Poor Prosecution
Justice Peter Lifu of the Federal High Court in Lagos has struck out the Federal Government’s suit seeking to recover and forfeit the sum of N70tn it alleged was stashed in 29 bank accounts by...
Cash Crunch: E-bills Payment Falls by 44% Amidst Cashless Policy – NIBSS
The Nigeria Inter-Bank Settlement System recent report has indicated a fall in the value of electronic utility payments by 44.86 per cent in February despite the Central Bank of Nigeria’s naira redesign policy...
Buhari's Reign: FG Rakes In N10trn VAT in 8 Years – NBS
The Federal Government has raked in N10.1tn from the collection of Value Added Tax under the regime of the President Muhammadu Buhari.
This comes against the backdrop of the advice by the Minister of...
