The Nigeria Bureau of Statistics on Friday said a total of 557,083,712 electronic-payment transactions valued at N34.02 trillion were recorded in selected banks across the country in the first quarter, 2019. The NBS made the disclosure in a report on Selected Banking Sector Data: Sectorial Breakdown of Credit, ePayment Channels and Staff Strength data posted on its website.
Nestle Commences Sub-Saharan Africa Innovation in Nigeria
Following the launch of Nestle's Sub-Saharan Africa Innovation Challenge in Ghana, the Research and Development (R&D) Innovation Challenge of the company has flagged off same in Lagos, Nigeria.
FG Makes N393.7bn from VAT
The Federal Government of Nigeria has announced that it made about N393.799 billion from Value Added Tax (VAT) in four months of 2019. A breakdown of the VAT pool account showed that N100.759 billion was realized by the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) in January while the sum of N104.468 billion was posted as VAT revenue for February.
NLC Supports NFIU, Says New Financial Regulations I'll End Mismanagement
Nigeria Labour Congress, NLC, has commended President Muhammadu Buhari over the new financial regulations on states and local government joint accounts introduced by the Nigeria Financial Intelligence Unit, NFIU.
FG Shuts Down Enugu Airport
The Federal Government is set to shutdown Akanu Ibiam International Airport, Enugu. The Minister of State for Aviation, Hadi Sirika, who disclosed this, said the airport will be closed down over the state of the runway.
ICPC Recovers N26 billion in Four Years- Chairman
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has disclosed that between 2015 till date, it has recovered N26 billion from public officials and companies.
We Are Targeting A Production Output Of About Five Million Metric Tons – Sorghum Farmers
National Association of Sorghum Producers, Processors and Marketers of Nigeria (NASPPAM) have disclosed that about five million metric tons of sorghum are expected to be produced this year by their members.
World 50 Greatest Leaders: Bill Gate, Rewane, And Other World Leaders Commend Dangote
Commendation has continued to pour in for Africa’s richest man, Aliko Dangote following his rating as the 11th of the 50 world’s greatest leaders. The ranking is contained in Fortune Magazine's sixth annual leaders' list.
Paris Club Refund: States To Receive N649 Bn As Final Trench
The Federal Government is set to release the sum of N649.43 billion as the final refund of Paris club to state governments.
FG Lectures Foreign Missions On TSA
Following a successful visit of the Accountant General of the Gambia, Momodou Lamin Bah to his Nigerian Counterpart, the Federal Government through the Accountant-General of the Federation has disclosed that it has concluded arrangement to include foreign missions into the Treasury single account (TSA).
CBN: Lawyer Moves To Stop Emiefele's Reappointment
A Nigerian Lawyer, George Uboh has urged a Federal High Court sitting in Abuja to stop the reappointment of the Governor of Central Bank of Nigeria, Godwin Emiefele by President Muhammadu Buhari.