Reps Increase Customs’ Revenue Target To N1.6trn
The House of Representatives yesterday increased the revenue target of the Nigeria Customs Service (NCS) from N1.4 trillion to N1.6 trillion as expected revenue for the 2021 fiscal year.
The House also approved about N257, 183, 671, 694. 71...
Nigeria’s Debt Stock To Hit N34trn With New Loans
The total debt stock for Nigeria could rise from N33 trillion to N34tr soon as the National Assembly approves another N1.1tr external loan request for the federal government.
The House of Representatives yesterday approved the external loan...
CBN’s MPC Members In Policy Dilemma Over Growth, Inflation
The members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, have indicated that the apex bank’s meeting in March was largely concerned with the twin problem of growth stimulation of economic...
PenCom Raises PFAs’ Shareholders Funds To N5bn
The National Pension Commission has ordered the Pension Funds Administrators to raise their shareholders’ funds from N1bn to N5bn.
Some operators disclosed this to our correspondent on Thursday.
According to the commission, the total number of workers with pension accounts...
Senate Approves N216.646bn FIR's 2021 Budget
The Senate has approved N216, 646, 579, 231.00 as 2021 budget for the Federal Inland Revenue Service (FIRS).
The Senate also approved the upward review of the revenue target of FIRS from N5.076 trillion last year to N7.61 trillion this...
Nigeria May Lose $1bn Annually To Contaminated Food
Nigeria may lose $1billion yearly to the consumption of aflatoxin contaminated food that result in diseases such as liver cancer, stunted growth among other disease, a recent study says.
To this end, stakeholders have urged the Federal Government...
