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Nigeria’s External Reserves Lose $178m in March- CBN

Nigeria’s foreign reserves lost $178m in March , according to statistics from the Central Bank of Nigeria . The reserves which stood at $34.99bn as...

Court Throws Out AMCON’s Ex-parte Order

 Ovie Edomi Ahmed Kuru, AMCON CEO   An Abuja Federal High Court has vacated an ex-parte order against Peace Global Satellite Communication network and its Managing Director,...

CBN Predicts Economic Recession ,Reduces Monetary Policy Rate

The Monetary Policy Rate (MPR) has been reduced by the Central Bank of Nigeria (CBN) , from 12.5 per cent to 11.5 per cent...

FG Gets N272.905 bn from ₦682.060bn FAAC Revenue

The ₦682.060 billion August 2020 federation account revenue has been shared  by the  Federation Accounts Allocation Committee (FAAC)  to the Federal, States and Local...

FG Set to Again Revise Oil Benchmark Price to $20 over COVID-19

… as It Says Economy Will Contract by 3.4 % Due  to  the adverse implications of the COVID-19  pandemic on the economy, Nigeria’s Budget plan...

COVID- 19: CBN Stops Banks from Sacking Workers

Sequel to the decision of some banks to sack their workers due to the loss they are sustaining as a result of  the outbreak...

CBN Scraps, Reduces Banks Charges

The Central Bank of Nigeria(CBN) has scrapped the controversial Card Maintenance Fee(CAMF) as well as slashed the Automated Teller Machine(ATM) charge as part of...

Reason IMF Is Backing Nigeria on Border Closure

Ahmed , Finance Minister   The International Monetary Fund has expressed its support for Nigeria on the closure of its land borders because it understands that...

Full Text of President Buhari’s 2020 Budget Speech

PROTOCOLS   I will start by asking you to pardon my voice. As you can hear, I have a cold as a result of working...

Buhari Presents 2020 Budget Proposal to National Assembly Today

The Presidency says the 2020 Appropriation Bill is to be presented to a joint session of the National Assembly (NASS) today,  by President Muhammadu...

FAAC: FG, States, LGs Share N769.52bn for July

A total sum of   N769.52 billion, was shared   as federal allocation for the month of July, by the Federal Government, States and Local Governments...

CBN Gov Says More Items Are to Be Blocked from FOREX

Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has said that importers of more items are to be denied access to foreign exchange (forex)...
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SWAN Backs Royal Father, Kanwan Katsina on Peace Ambassador Award from Customs

Sports Writers Association of Nigeria, Katsina State Chapter has congratulated, Kanwan Katsina District Head of Ketare, Alhaji Usman Bello Kankara for the Peace Ambassador...

FG Says IDPs Will Decongest Seaports and Take Shipping Closer to Shippers In Hinterlands

The Federal Government has said that the Inland Dry Ports Projects will help decongest the seaports and also take shipping and port services closer...

Sokoto/Zamfara Command :Comptr Omale Pledges on Trade Facilitation, Revenue Target

The new Controller of the Sokoto/Zamfara Area Command, of the Nigerian Customs Service(NCS) , Comptroller Musa Omale PhD has promised to sustain the legacy...

NAGAFF Tasks CACs to Emulate Comptr Oloyede on Duty Collection, Trade Facilitation

By Shola Fadeyi The National Association of Government Approved Freight Forwarders(NAGAFF), has advised  other Customs Area Controllers(CACs) ,  to learn from the Controller of the...