Banks’ Non-performing Loans Now N1.17trn – NBS         Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of Statistics have shown. According to figures obtained from the NBS’ latest Selected Banking Sector Data Report on Sunday, the...

Illegal Gold Mining: Senate Seeks Probe Of $9bn Annual Revenue Loss         The Senate on Wednesday urged the executive arm of government to investigate the alleged annual revenue loss of $9bn to illegal mining and smuggling of gold in Nigeria. The upper chamber urged the Federal Government...

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers           The Federal Government has launched the transport support track under its MSME Survival Fund schemes for artisans and transporters. President’s spokesman, Laolu Akande, in a statement issued on Sunday, said the grant was in continuation of the...

FIRS Rakes In N4.122trn In Ten Months         The Federal Inland Revenue Service (FIRS) yesterday put its overall 2020 performance from January to October at N4.122 trillion. It said this is in spite of Covid-19 challenges, financial Act 2019 incentives and palliatives concessions. FIRS added that its non-oil...

Reps Agree With Senate, Approve N148bn Refund To Five States         The House of Representatives has approved the request of President Muhammadu Buhari, to refund a total sum of N148.14bn to five states. The approval, which was given by the House at the plenary on Wednesday, was...

Senate Okays FG’s N148.14bn Refund To Ondo, Osun, Others         The Senate on Tuesday approved the request of President Muhammadu Buhari’, seeking a refund of N148,141,969,161.24 to Ondo, Osun, Rivers, Bayelsa, and Cross River states. The amount was meant for projects they executed on behalf of the...