NAIC Pays N1.7bn Claims To Farmers       The Nigerian Agricultural Insurance Corporation (NAIC) said it paid a total of N1.7 billion claims to over 5,000 farmers in the past two years. NAIC, which is the only federal government owned insurance company authorised to offer agric insurance services...

We’ve Reduced Loss By 99.7% To N1.7bn, Says NNPC         The Nigerian National Petroleum Corporation says it has achieved 99.7 per cent reduction in its loss profile from N803bn in 2018 to N1.7bn in 2019. The corporation published its 2018 Audited Financial Statement five months ago. The corporation’s...

NNPC Releases 2019 Audited Financials, Declares N1.7bn Loss       The Nigerian National Petroleum Corporation, NNPC, Thursday, announced the release of its 2019 Audited Financial Statement, declaring a loss of N1.7 billion, representing a 99.7 per cent decline from a loss of N803 billion recorded in 2018. In...

Importers Lose N1.7bn On Container Deposit Yearly     The Executive Secretary of the Nigerian Shippers Council (NSC), Barrister Hassan Bello, on Tuesday said importers lose the sum of N1.7 billion annually on container deposit to shipping companies. Bello disclosed this at the end of a meeting of...

Tax Evasion: Lagos Tribunal Orders Firm To Pay FIRS N1.7bn   The Tax Appeal Tribunal, Lagos Zone, has ruled as lawful an assessment in additional tax liability of N1.73bn issued to Prime Plastichem Nigeria Limited by the Federal Inland Revenue Service. The tribunal ruled that the N1.73bn...

Customs Intercepts Goods Worth N1.7bn In January The Federal Operations Unit, FOU, Zone A of the Nigeria Customs Service, NCS has generated into the federation account N1.7 billion as Duty Paid Value, DPV from seized contraband goods, under declaration and concealment by smugglers and importers...