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‘Nigeria Lost N5.5trn To Cybercrimes In Ten Years’

‘Nigeria Lost N5.5trn To Cybercrimes In Ten Years’       The Chief Strategy Officer, Deloitte West Africa, Mr. Tope Aladenusi, has stated that Nigeria lost N5.5 trillion to fraud and cybercrimes in 10 years. Aladenusi, who disclosed this at a recent webinar hosted by First Bank of Nigeria...

Finance Minister – FG, States, LGs Got N5.5tn In Eight Months

Finance Minister - FG, States, LGs Got N5.5tn In Eight Months   Between September 2018 and April this year, the three tiers of government shared the sum of N5.5tn as revenue allocation from the federation account. The amount, distributed by the Federation Account Allocation Committee, was shared...

N5.5trn Spent On Infrastructure In 4years – Oyinloye

N5.5trn Spent On Infrastructure In 4years - Oyinloye The Managing Director/Chief Executive of The Infrastructure Bank, Mr. Adekunle Oyinloye, has put the amount spent on infrastructure in the country between 2014 and 2017 at N5.5 trillon ($11.5 billion). Oyinloye, made the disclosure in Lagos at the...

FG Borrows N5.5tn From Pension Savings, Delays Minimum Payment

FG Borrows N5.5tn From Pension Savings, Delays Minimum Payment     The failure of the Federal Government to fund the Pension Protection Fund after borrowing N5.5tn from the Contributory Pension Scheme is delaying the commencement of the minimum pension payment to retirees About two years after the Pension...