Customs Generate N466.1bn Revenue In Q1,2021       The Nigeria Customs Service (NCS) has generated N466.1 billion revenue in the first quarter (Q1) of 2021. The statistics obtained from the office of the Public Relations Officer of the service, Mr Joseph Attah, yesterday, showed that the revenue was...

Manufacturing Sector Declines Further By 4.7 points — CBN The nation’s manufacturing sector has recorded further decline as the sustained Central Bank of Nigeria, CBN, latest sector report shows the Manufacturing Purchasing Managers Index (PMI) for January 2021 at 44.9 index points, a 4.7 points...

FG Generated N2.15trn From MDAs Operating Surplus - FRC       The Fiscal Responsibility Commission said it caused Ministries, Departments and Agencies to remit over N2.15tn into the Consolidated Revenue Fund of the Federal Government as operating surpluses over the past 11 years. FRC Chairman, Victor Muruako, said...

Foreign Reserves Gain $620m From Remittances     After gaining $620 million from diaspora remittances in two weeks, the foreign exchange reserves jumped to $35.026 billion, a data from the Central Bank of Nigeria (CBN) has shown. The accretion, the highest in over a month, has been attributed...

Currency In Circulation Hit N2.8trn In March – CBN       Currency in circulation rose by N29bn to N2.81tn as of the end of March from N2.78tn as of the end of February, the latest figures obtained from the Central Bank of Nigeria showed on Sunday. Currency in...

NCS Intercepts Used Vehicles, Smuggled Rice Worth N1.3bn in Q1, 2021       The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone C, has announced that it intercepted contraband and raised a debit note (DN) worth N1.3 billion in the first three months of 2021. In a...