The Comptroller-General of Customs, Adewale Adeniyi has said that the Nigeria Customs Service (NCS) lost N1.3 trillion to waivers and concessions the administration of then President Muhammadu Buhari granted to investors this year. NCS also said that it was not privy to details of the Customs $3.2 billion modernisation project. Buhari completed his eight-year tenure on 29th May. At a …

Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas has reiterated the commitment of the 10th House to work diligently towards meeting the yearnings of Nigerians. At the unveiling of the legislative agenda of the 10th House of Representatives in Abuja, on Tuesday, Abbas noted that the legislative agenda of the 10th House, tagged ‘The People’s House’, is premised on …

President Bola Tinubu has advanced negotiations concerning a multi-billion dollar finance from the Islamic Development Bank management to fund infrastructure projects in Nigeria. According to a statement on Tuesday by the presidential spokesman, Chief Ajuri Ngelale, “President Bola Tinubu, on Monday night, in Mecca, Saudi Arabia, advanced negotiations concerning a multi-billion dollar infrastructure finance facility from the Islamic Development Bank …

Lagos State Governor, Mr. Babajide Sanwo-Olu on Saturday said the state is ready for bigger business for the State to take over the world in the financial and economic space. He said the invitation extended to Lagos to participate in the Lord Mayor’s Show in London, is a testament to the upward economic trajectory of the State. Sanwo-Olu spoke during …

The Minister of Solid Minerals Development, Dr. Dele Alake has reaffirmed the significance of host communities and traditional rulers to the conducive environment required for socio-economic development of host communities. Playing host to Attah of Igala, who is also President of Kogi State Traditional Rulers Council, HRH Ata Matthew Opaluwa, who recently paid him a courtesy visit in the office, …

The Lagos State House of Assembly has commenced deliberation, probe and consideration of the 2022 Auditor General’s Report for Ministries, Departments and Agencies (MDAs) in the state. Chairman of the Public Accounts Committee (State), Hon. Kehinde Olaide Joseph said the exercise was to ensure that the committee’s statutory oversight is used as an antidote to financial recklessness by MDAs in …

A chieftain of the All Progressives Congress (APC) in Osun State, Hon. Olatunbosun Oyintiloye has expressed confidence in the capability of President Bola Tinubu to fix the country’s failing economy. In a chat with journalists on Sunday, in Osogbo, the state capital, Oyintiloye, who was in the now defunct APC Presidential Campaign Council, advised Nigerians to be patient and support …

Lagos State and EnterpriseNGR, are poised to make history as the first African participants invited to join the prestigious Lord Mayor’s Show’s 805th procession in London. The ground-breaking collaboration between Lagos State and EnterpriseNGR is built on their shared goal of positioning Lagos as Africa’s premier financial centre. To actualize this vision, Lagos State has inaugurated Lagos International Financial Centre (LIFC) …

The Presidency on Friday said France will return $150 million looted by former Nigerian military leader, General Sani Abacha, who died in office on 8th June 1998. In a statement, the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale said President Bola Tinubu commended the European country for the decision. Receiving the Minister of Europe and …

The Senate will, on Thursday, pass the N2.18 trillion 2023 Supplementary Appropriation Bill forwarded to it for consideration by President Bola Tinubu. As requested by the President in the letter read in the Senate during plenary on Tuesday, the request was given expeditious consideration. The budgetary proposals were debated, passed for a second reading, and the Committee on Appropriations mandated …