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Customs exceed revenue target, rake in N6.1tn

15.01.2025
The Nigeria Customs Service has announced that it collected a total sum of N6.105tn as revenue for the year 2024. It said the amount represents an increase of 90.4 per cent from N3.2tn recorded in 2023, highlighting a notable growth in the service’s revenue generation efforts over the past year. The Comptroller-General of Customs, Adewale...
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CBN fines nine banks N1.35bn for ATM cash scarcity

15.01.2025
The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines during the festive season. Each of the banks was fined N150m following spot checks that revealed non-compliance with the apex bank’s cash distribution guidelines. The affected banks include Fidelity Bank...
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CITN trains Gambians in oil tax auditing

15.01.2025
The President and Chairman of the Council of the Chartered Institute of Taxation of Nigeria, Mr Samuel Agbeluyi, has emphasised the institute’s commitment to advancing tax administration and fostering regional development as the Gambia Revenue Authority participates in CITN training programmes for the fourth time. The Gambia Revenue Authority Personnel international training on tax audit...
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NDDC seeks stakeholders’ support to develop N’Delta

15.01.2025
The Niger Delta Development Commission has called on stakeholders in the Niger Delta to set aside political differences and collaborate to foster development in the region. Speaking during the Stakeholders Interactive Forum on the Borikiri-Okrika Bridge Project in Rivers State, the NDDC Executive Director of Finance and Administration, Alabo Boma Iyaye, urged residents to work...
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UN eyes 2.8% global economic growth in 2025

15.01.2025
The global economy, despite being battered by inflationary pressures and geopolitical conflicts in recent years, is forecast to grow at a subdued rate of 2.8% in 2025, according to the United Nations. The projection, released in the “World Economic Situation and Prospects 2025” report on Thursday, underscores the resilience of major economies while highlighting ongoing...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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