Controversy trails overtime cargoes at nation’s seaports

Controversy trails overtime cargoes at nation’s seaports

·Customs, agents differ over reasons for long stay, ·NPA wants direct auctioning at port By Godfrey Bivbere Controversy is currently trailing the abandonment of overtime consignments presently littering the nation’s seaports at a time when there is lack of space for effective port operations. Sources at the Nigerian Customs Service, NCS, the custodians of the […]
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FG’s deficit spending falls 21% to N530bn in October — CBN

FG’s deficit spending falls 21% to N530bn in October — CBN

By Babajide Komolafe, Economy Editor Deficit spending by the Federal Government fell by 21 per cent, Month-on-Month, MoM, to N530 billion in October last year from N670.7 billion in September, driven by decline in interest payment on domestic debts. Meanwhile, revenue into the Federation Account rose by 7.0 per cent, MoM to N1.178 trillion in October […]