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Nigeria revenues take hit from oil theft, delays

Nigeria received gross revenues of 571.7 billion naira in February, lower than the previous month’s revenues of 651.3 billion naira, owing to delayed oil revenues and lower production caused by pipeline vandalism, the accountant general said on Thursday. Accountant General Jonah Otunla said the fall was partly owing to delays […]

NAICOM, NFIU to combat money laundering

The Assistant Director, (Inspectorate), National Insurance Commission, Dr. Sam Onyeka, has said the Organisation  is partnering with the  Nigerian Financial Intelligence Unit to ensure full compliance with anti-money laundering laws in the insurance sector. He said this during a sensitisation programme on, ‘Anti-money laundering and combat of financing of terrorism […]