N1.24bn approved for gratuities and death benefits by El-Rufai Kaduna state governor Nasir El-Rufai has approved N1.24 billion for the payment of gratuities and death benefits to state workers and their dependents. Currently, all state and local government retirees and the families of deceased beneficiaries that...

We Spent over N2.7bn on Dala Dry Port - Ganduje Governor of Kano state, Dr Abdullahi Umar Ganduje, has revealed that the state government spent more than 2.7 billion naira on the Dala Inland Dry Port in the state. Speaking while unveiling the Logo in Abuja,...

FIRS offers concession to foreign currency tax debtors With effect from 1st of March to 31st March, 2022, taxpayers with pending foreign currency tax liabilities will be able to settle these obligations in Naira during the Federal Inland Revenue Service (FIRS) one-month window, Muhammad Nami,...

Banks’ Non-performing Loans Fall Below 5%, First Time In 10 Years   The Central Bank of Nigeria (CBN) has stated that for the first time in about a decade, the non-performing loans (NPLs) levels of commercial banks in Nigeria has fallen below the regulatory benchmark of...

Pension Assets Rose By N190bn In January, Now N13.61trn   The total assets under the Contributory Pension Scheme rose by N190bn in January, figures from the National Pension Commission have revealed. PenCom disclosed this in its report titled, ‘Unaudited Report on Pension Funds Industry Portfolio; Approved Existing...

Ukraine-Russia: Nigeria, Others May Face Commodity Supply Disruptions - IMF   The International Monetary Fund (IMF) says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions. It added that poor households across the world would suffer...