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Customs Grants Over N1.4trn Waivers In Three Years

Customs Grants Over N1.4trn Waivers In Three Years   The Nigeria Customs Service (NCS), granted over N1.4trillion as waivers on imported goods in the last three years. Import duty waivers, concessions and exemptions are used by the governments across the globe to protect local industries, boost the...

FG Suffers N1.4trn Shortfall Despite Aggressive Revenue Drive

FG Suffers N1.4trn Shortfall Despite Aggressive Revenue Drive       Between January and May 2021, the Federal Government recorded a revenue shortfall of N1.4tn, an analysis of the Medium Term expenditure framework and Fiscal Strategy paper for 2022-2024 has shown. According to the report obtained from the Budget...

Customs Target N1.4trn Revenue As House Insists On N1.68trn

Customs Target N1.4trn Revenue As House Insists On N1.68trn       The House of Representatives Committee on Customs has retained N1.68 trillion as proposed projected revenue in the Nigeria Customs Service (NCS) 2021 budget. This came after the request by the NCS Comptroller General (CG), Col. Hameed Ali...

US Firms In Nigeria Rake In N1.4trn, Contribute $1.9bn FDI In 2018

US Firms In Nigeria Rake In N1.4trn, Contribute $1.9bn FDI In 2018   The United States (U.S.) companies operating in Nigeria are said to have generated about N1.4 trillion in 2018. The companies during the same period also contributed about $1.19 billion through foreign direct investment (FDI)...

NSE: 10 Stockbroking Firms Trade N1.4tn Shares In 9months

NSE: 10 Stockbroking Firms Trade N1.4tn Shares In 9months   Stanbic IBTC Stockbrokers Limited maintained its lead on the stockbrokers’ performance chart as 10 firms facilitated the trading of N1.374 trillion on the Nigerian Stock Exchange (NSE) between January and September 30, 2018. Stanbic IBTC Stockbrokers had...

FG Makes N1.4tn From Operating Surplus In 11 Years

FG Makes N1.4tn From Operating Surplus In 11 Years More than N1.4tn has accrued to the Federal Government through the payment of operating surplus by Ministries, Departments and Agencies since the enactment of the Fiscal Responsibility Act in 2007, the Fiscal Responsibility Commission has said. The...