Nigeria loses N5.5trn to fraud, corruption, cyber crimes in ten years – Forensic Auditors
Businessam StaffFebruary 6, 2020
Seeks assent to Forensic Bill Says corruption responsible for borrowing of $29bn, others by FG The Chartered Institute of Forensic and
CBN’s report shows 34-month expansion in manufacturing
Businessam StaffFebruary 6, 2020
The Manufacturing Purchasing Manager’s Index (PMI) released by the Central Bank of Nigeria (CBN) has shown expansion in the
Debt exceeds revenue in 36 states, FCT, says FRC
Businessam StaffFebruary 6, 2020
South-West states more indebted than others All the 36 states of the federation contravened the guidelines of the Debt
FIRS boss wants to tax street traders, artisans, others
Businessam StaffFebruary 6, 2020
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mohammed Nami, has said that tax administrators need to tax
SON system failure: Port loses N84bn in two weeks
Businessam StaffFebruary 5, 2020
The failure of the server of the Standards Organisation of Nigeria to link importers to the Customs server for the clearance of goods
FG approaches China for $17bn loans
Businessam StaffFebruary 5, 2020
The federal government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It said other
Nigeria must repay Abacha loot if it’s stolen again – US
Businessam StaffFebruary 5, 2020
The United States has stated that the $308m Abacha loot which will soon be repatriated to Nigeria must be placed in an account and if
Senate approves N238bn budget for Nigeria Customs for 2020
Businessam StaffFebruary 5, 2020
The Nigerian Senate on Tuesday, approved a N238.14 billion for the Nigeria Customs Service for 2020. Prior to the approval, some
FAAN terminates toll collection agreement with I-Cube at Lagos airport
Businessam StaffFebruary 5, 2020
The Federal Airports Authority of Nigeria(FAAN) has terminated the collection of revenue contract at the access gate of Murtala
Customs smashes money laundering gang, seizes $8.06m at MMIA, Lagos
Samson EchenimFebruary 4, 2020
By Samson Echenim Working with intelligence information, officers of Nigeria Customs Service have intercepted $8,065,612 suspected to