Nigeria Loses $26.3bn Annually To Maritime Insecurity
President Muhamamadu Buhari has lamented the huge loss of revenue to maritime criminality.
The President stated the loss at a whopping $26.3 billion yearly, a development, he said, had become harmful to the economy and safety of citizens.
According to...
Senate Orders N300bn Refund From NPA, BPE, 57 Agencies
The Senate on Tuesday directed 59 Federal Government agencies to return over N300bn funds allegedly misappropriated by them to the federation account.
It specifically ordered that all monies illegally spent by the affected agencies including the Nigerian...
FIRS Generates More Revenue With Adoption Of Technology, Says Nami
The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has said that the adoption of technology in tax collection is attracting more income to the service through its TaxProMax.
Nami in a statement yesterday by...
Reps To Pass Electoral Bill Today
The House of Representatives is billed to pass amendments to the Electoral Act, 2010 today (Thursday) barring any last-minute change in plan.
The Committee on Electoral Matters laid its report on the Electoral Act, 2010 (Amendment) Bill at the plenary...
N15trn Infrastructure Company'll Begin Operations In Q3, 2021 - CBN
The N15tn Infrastructure Corporation of Nigeria will begin operations in the third quarter of this year, the Central Bank of Nigeria announced on Tuesday.
CBN Governor, Godwin Emefiele, who announced this during an investors’ webinar organised...
How Jonathan Saved $3.5bn From Pensions, Oil Subsidy Fraud - Okonjo-Iweala
Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, yesterday gave an account of how she superintended over saving Nigeria a cumulative of $3.5 billion by cleaning up the country’s pension and subsidy...
