Nigeria Loses $29 Billion Every Year Due To Poor Power Supply- World Bank
The World Bank has stated that businesses in Nigeria suffer an annual loss of $29 billion as a result of an “unreliable” power supply, saying the situation has resulted in…
Customs Seizes 42 Drums Of Explosives From Benin Republic
The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS), yesterday, intercepted 42 drums of calcium carbide smuggled into the country from the Benin Republic. Security experts…
BREAKING: Senate Approves N257bn 2021 Budget For Customs
The Senate on Tuesday approved N257billion 2021 budget for the Nigeria Customs Service. However out of this, N2billion was earmarked for welfare incentive for retiring staff and another N180million for…
Association Urges Increased Funding To Cashew Farmers To Boost Production
The National Cashew Association of Nigeria (NCAN), has called for increased funding to cashew farmers to improve the productivity of the crop. The group’s Secretary-General, Mr Sotonye Anga made the…
Lagos, Rivers, FCT, Delta Generate Nigeria’s 52.67 Per Cent IGR In 2020
With the generation of 32.08 per cent, 8.97 per cent, 7.05 per cent and 4.57 per cent share of the 2020 Internally Generated Revenue (IGR) Lagos, Rivers, Federal Capital Territory…
N60bn Printing: Experts Disagree With CBN Gov
A former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, and a professor of Political Economy, Pat Utomi, have faulted the CBN Governor, Godwin Emefiele’s justification of…
Nigeria Ranked 25th Largest Importer Of Commercial Service In The World
The world trade organization(WTO) says Nigeria is the largest importer of commercial service in while Egypt emerges second in Africa and number 28 globally . This is contained in WTO’s…
Obaseki Urges FG To Stop Monitory Rascality, Insisted N60bn Was Printed
Edo Governor Godwin Obaseki has faulted the Minister of Finance, Budget, and National Planning, Zainab Ahmed, for denying that the Federal Government printed N60 billion in March to support allocation…
Inflation Rate Maintains Upward Trend, Hits 18.17% In March
The consumer price index, which measures the rate of increase in the price of goods and services, increased to 18.17 percent in March from 17.33 in February. The March figure…
Microsoft Protects Against New Threat To Exchange
Microsoft on Tuesday moved to defend against a dangerous new threat to Exchange email servers while the fight continued against hackers taking advantage of a flaw patched last month. The…
