PHOTOS: Nigeria Customs Service Bolsters Collaboration with Benin Republic Counterpart

In an effort to strengthen the longstanding partnership between the Nigeria Customs Service (NCS) and its counterpart in the Republic of Benin, a high-powered delegation led by the Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi MFR, embarked on a crucial mission to meet with the Director-General of the Customs Administration of Benin Republic on Thursday,…

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Meet Cassava Industrialist, Oluyemisi Popularly Called Queen Of Cassava

Meet Nigeria’s Queen of Cassava, Oluyemisi Iranloye. She has established Africa’s largest cassava processing factory in Nigeria. It operates 8,000 hectares and a network of 6,000 farmers. Its factory produces 35,000 tones of starch and cassava flour per year. It is important to point out that it achieves more than 10 billion turnover per year….

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How Emefiele Approved Payment of $6,230,000 for International Election Observers – Witness

The First Prosecution Witness, PW1, in the ongoing trial of former governor of Central Bank of Nigeria, CBN, Godwin Emefiele, Ogau Onyeka Michael, on Monday, February 12, 2024, told Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, how the ex-CBN boss approved the payment of $6,230,000 (Six Million, Two Hundred…

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How Emefiele Approved Payment of $6,230,000 for International Election Observers – Witness

The First Prosecution Witness, PW1, in the ongoing trial of former governor of Central Bank of Nigeria, CBN, Godwin Emefiele, Ogau Onyeka Michael, on Monday, February 12, 2024, told Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, how the ex-CBN boss approved the payment of $6,230,000 (Six Million, Two Hundred…

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Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said about $2.4 billion out of the reported $7 billion outstanding foreign exchange liabilities of the federal government are not valid for settlement.

Speaking in an exclusive interview with Arise Television, Cardoso disclosed that the bank had settled verified FX requests, which amounted to $2.3 billion. He added that current total outstanding FX obligations stood at $2.2 billion.Cardoso further indicated that part of the headline $7 billion outstanding FX claims were fraudulent, citing the outcome of a forensic…

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