The management of the Nigeria Customs Service, NSC, has set a revenue target of N1.1 trillion for 2017. The Comptroller-General of the agency, Hameed Ali, made this known during a strategy meeting with Customs Area Controllers, CAC. A statement released, Friday, by the agency’s spokesman, Joseph Attah, said the customs boss gave this directive while…
The Central Bank of Nigeria said on Thursday three key sectors of the economy received the largest foreign exchange allocations between December 2016 and January.2017 The CBN said out of a total of $2.83 billion disbursed during the two months to critical sectors of the economy, manufacturing, agriculture and raw materials got the lion’s shares….
The Federal Government on Thursday said the January allocation from the Budget Support Facility (BSF) to Ekiti State was suspended because the state failed to comply with the basic requirements for participating in the facility. A statement by the Ministry of Finance signed by the Director of Information, Salisu Dambata, said the BSF is a…
A former deputy governor of the Central Bank of Nigeria, CBN, and chief executive of CEPER, Mr. Obadiah Mailafia, has disclosed that 20 per cent of the currency circulating in the country is fake. Mailafia, who made this known on Monday while delivering a lecture at the public hearing on the 2017 budget, said it…
