Reps query CBN, others over missing N7.935bn

Reps query CBN, others over missing N7.935bn

The house of Representatives yesterday queried the Central Bank of Nigeria (CBN), Federal Inland Revenue Service (FIRS) and Nigeria Customs Service (NCS) over discrepancies in the remittance of N7.935 billion generated by the Nigerian Customs Service to the Federation Account in 2007.
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Govt to restore communities affected by spills

Govt to restore communities affected by spills

The Federal Government has announced plans to undertake the restoration of vandalized pipeline sites at Arepo, Ogun State, Diamond Estate, Lagos and other communities where oil spills were recorded either due to activities of vandals or oil exploration.

Power supply dims amid high tariff

Power supply dims amid high tariff

Ndubuisi Njoku, a 45-year old electronics technician at Mende, Maryland, Lagos, was shocked when in November 2012, he was given a bill of N27,000 as his tariff due for electricity consumption for October.

Buy shares with safe money

Buy shares with safe money

The second principle of profitable investment in shares has to do with the kind of money used for the investment. Last week, we said that the first principle is to invest long term. Now, if you are going into long term investment, you need to use long term money, or safe money, that is money that is yours and which you don’t have need of, for a long time.