Seme Customs Impound N410m Worth Of Contraband
The Seme Command of the Nigeria Customs Service said it has impounded contraband worth over N409.9 million smuggled in between January and June 2021.
The Command’s Public Relations Officer, Hussaini Abdullahi, disclosed this yesterday in a statement showcasing the...
'Nigerian Govt’s Reliance On CBN Financing Worrisome'
The Nigerian government’s reliance on the Central Bank of Nigeria for the financing of budget deficits is certainly worrying, a London-based economic research firm has said.
Capital Economics, in its ‘Africa Economics Focus’ released on Monday, said the government...
In Six Years, Buhari Regime Has Borrowed $2.02bn From China
The Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office on Monday showed.
According to the statistics obtained from the DMO, Nigeria’s total debt from China as...
Investments In FG’s Treasury Bills Weaken, Sales Fall 19% To N1.35trn
Investors’ interest in the Federal Government’s monetary instrument, the Nigeria Treasury Bill (NTB) has recorded a significant decline with 19 per cent, year-on-year, YoY, decline in sales to N1.35 trillion in the first five...
NCoS Admits Receiving N1bn In Error From Unknown Contractor
Reps panel gives service two weeks for fresh evidence
The House of Representatives Committee on Finance, heard of how a contractor, whose name was not disclosed, erroneously transferred N1 billion to the account of the Nigerian Correctional...
PenCom Bans Charges On Micro Pension
To avert depletion of the micro pension fund, the National Pension Commission (PenCom) has mandated Pension Fund Administrators (PFAs) with the fund below N5 million to stop paying fee charges.
PenCom Head, Surveillance Department, Ehimeme Ohioma made this known in...
