After 222 Days, N546.5bn Economic Losses, FG Finally Lifts Twitter Ban   After 222 days and economic losses of about N546.5 billion, the Federal Government has finally lifted the ban on Twitter operations in Nigeria. The lifting of the suspension was announced yesterday, via a statement by...

‘NPA To Refund N40.13bn, $921.64m To FG’   The Auditor-General for the Federation has indicted the Nigeria Port Authority (NPA) for failure to recover and remit N40.126 billion, $921.636 million and 289,931.82 pounds to government treasury from various revenue sources in 2019. This was contained in 13...

Fed Govt Spent $1.68bn On Food Imports In 9 Months   The Federal Government spent $1.68 billion on food importation between January and September in 2021. This was contained in a Central Bank of Nigeria (CBN) report on sectoral utilisation of foreign exchange for the third quarter...

Fed Govt Spent $1.68bn On Food Imports In Nine Months – CBN   The Federal Government spent $1.68bn on food importation from January to September last year. The Central Bank of Nigeria disclosed this in a report on sectoral utilisation of foreign exchange for the third quarter...

FG Releases N31.97bn For Retirees’ Accrued Pension Rights     The Federal Government has released another N31.97bn for the payment of accrued pension rights to 2021 retirees of Treasury-funded Ministries, Departments and Agencies. PenCom, in a statement on Thursday titled ‘Federal government releases funds for payment of accrued...

PFAs Invest Additional N693bn Pension Funds In Banks   The Pension Fund Administrators invested N693bn funds under the Contributory Pension Scheme in banks in nine months, according to data from the National Pension Commission. PenCom’s unaudited report on pension funds industry portfolio for the period ended September...