NCC Targets N632bn Revenue From 5G Spectrum Sales     The Executive Vice Chairman of the National Communication Commission, Prof. Umar Danbatta, has again assured Nigerians of the safety of their health with the proposed 5G network. Danbatta also said the agency proposed to generate N632.39bn in 2022...

Lagos Tops As States Half Year IGR Reaches N849.12bn   The 36 states of the federation and Federal Capital Territory recorded a combined Internationally Generated Revenue in the first half of 2021, figures obtained from the National Bureau of Statistics revealed on Monday. The NBS Internally Generated...

In 30 Days, Apapa Customs Records N86bn Revenue     The Apapa Area Command of the Nigerian Customs Service (NCS), says it has collected a total of N86.023 billion as revenue for October 2021 despite initial glitches which tended to slow down its operations. It said the tempo...

Banks, Insurance Firms To Generate N22.6bn From MDAs   Deposit Money Banks and insurance companies are expected to rake in the sum of N22.6bn in bank charges and insurance premiums from Ministries, Departments and Agencies of the Federal Government in 2022. This was according to an analysis...

CBN Pushed N2.907trn Cash Into Circulation In 2020   Despite the rising inflation, the Central Bank of Nigeria (CBN) allowed about N2.907 trillion or 19.06 percent more currency in circulation in the economy as at end-December 2020 compared to the N2.441.67tr currency in circulation at end...

Foreign Currency Inflows Dropped To $1.83bn In 2020   The Central Bank of Nigeria (CBN) has disclosed that it recorded a significant reduction in the volume and cost of foreign exchange procurement in 2020, the year of COVID, when the entire world was on lockdown and...