AMCON: N5trn Debt Recovery, Challenge To Nigerians   The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has reiterated that the over N5trn bad debts, which Nigerians expect the corporation to fully recover before its sunset should be seen as...

As 2018 Winds Down, FIRS Generates N5trn, Targets N5.3trn According a statement by the service, the Executive Chairman of the FIRS, Babatunde Fowler, who stated this at the induction of new members of the Joint Tax Board on Wednesday in Abuja, also disclosed that the...

Businesses Spend N5trn Annually on Generators   Businesses in the country spend an estimated $14 billion (about N5 trillion) annually importing, fuelling and maintaining generators, the Executive Director, Rural Electrification Funds at the Rural Electrification Agency (REA), Mr Sanusi Ohiare has said. In his presentation on off...

FRC: In One Year Govt Collected N5tn Revenue   Nigeria’s federally collected revenues for 2016 amounted to N5.04tn, the Fiscal Responsibility Commission has said. The FRC, which stated this in its analysis of the 2016 budget performance, also indicated that a total of N242.72bn was paid into...