Chairman of the Senate Committee on Customs, Excise and Tariff, Senator Hope Uzodinma, has announced a probe into an alleged N4 trillion revenue leakage in the Nigeria Customs Service from…
Read More Senate begins investigation into N4trn revenue loss in Nigeria Customs
The Naira closed the week stronger on Friday at the parallel market, as it consolidated its position against the US dollar. The Naira was traded at N380 to $1 on…
Read More Naira strengthens against dollar, trades at N380/$1
Following Thursday’s FOREX wholesale auction, the Central Bank of Nigeria (CBN) on Friday, March 24, 2017, concluded transactions on the sum of $100 million earlier offered at the interbank market…
Read More FOREX: Dealers pick $81.3m out of $100m offered by CBN
The Central Bank of Nigeria (CBN) on Thursday, March 23, 2017, offered the sum of $100 million to meet the requests of wholesale customers, out of which $91 million was…
Read More FOREX: CBN offers $100m as dollar continue to crash
Chief of Defence Staff, General Abayomi Olonisakin has announced that Nigeria spent more than $2.6 billion in curbing the humanitarian effects of Boko Haram insurgency. Gen. Olonisakin made this statement…
Read More Costs of War: Nigeria spent $2.6bn in 2016 to fight Boko Haram – Olonisakin