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Customs Rake In N54bn Revenue In Three Months

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

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...

Domestic Airfares Increase By 66% In 2022 – NBS

Domestic Airfares Increase By 66% In 2022 – NBS   The National Bureau of Statistics (NBS) has revealed that domestic air transport fares increased by 66.36 per cent in the last one year. In its latest report titled ‘Transport Fare Watch (February 2023)’, the NBS stated that...

Senate Pushes 2022 Budget Implementation To June

Senate Pushes 2022 Budget Implementation To June   The Senate yesterday extended the implementation of the capital component of the 2022 budget from 31st March, 2023 to 30th June, 2023 The extension followed a lead debate by the senate leader, Senator Ibrahim Gobir (Sokoto East-Senate Leader) requesting...

Ministers, Firms to Account for Over $2.4bn Oil Sale – Reps

Ministers, Firms to Account for Over $2.4bn Oil Sale - Reps The House of Representatives’ will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Government as well as oil companies and banks over the alleged illegal...

Despite Acceptance of Old Notes, Crowd Overwhelm Banking Halls

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,...