Customs Faults Finance Act As Senate Sets N3trn Target For Revenue Agencies   The Nigeria Customs Service has described the Finance Act 2021 as confusing, saying it is hindering its ability to collect levies and taxes. This came as the President of the Senate, Ahmad Lawan, said...

NIMASA Generated Over N108bn Revenue In Four Years   The Nigerian Maritime Administration and Safety Agency (NIMASA) generated over N108 billion revenue in the last four years. Addressing reporters in Lagos at the weekend, its Director General, Dr Bashir Jamoh said the agency generated over N31 billion...

Banks Cut Borrowing From CBN By 46% To N1.3trn   In apparent reflection of the improved liquidity in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, fell by 46 per cent, month-on-month, MoM, to N1.3 trillion in January. On the other hand...

FIRS To Spend N119.7bn On Worker's Salaries, Allowances   The Federal Inland Revenue Service (FIRS) has said it will spend N119,684,218,735 out of the N215,811,290,243.00 in this year’s budget on workers’ salaries and allowances. A Senate report has indicated that out of the N119.68 billion earmarked for...

More Nigerians Lose Job, Withdraw N30bn Pension Savings   More Nigerians withdrew funds from their pension savings, after losing their jobs, the numbers rose to 28,041 in September 2021 from 26,458 in the same period of 2020. Data obtained from the National Pension Commission on withdrawal of...

By Abdulrahman Abdulraheem The Registrar/Chief Executive Officer of the Joint Admissions and Matriculation Board (JAMB), Professor Ishaq Oloyede, has assured stakeholders in the education sector that his fantastic reforms will not go away as soon as his tenure is over. Fielding questions from a...