Browsing Tag

5bn

Reps to probe CBN over alleged under-remittance of $5bn to federation account

Jacob Segun Olatunji and Kolawole Daniel - Abuja Dec 20, 2017

THE House of Representatives on Wednesday resolved to probe Central Bank of Nigeria, CBN over alleged under-remittance of over $5 billion to the Federation Account.To this end, the House has decided to set up a high powered ad…

Broadcasting stations owe NBC N5b licensing fees

Biola Azeez - Ilorin Jun 6, 2017

THE National Broadcasting Commission (NBC) has said that, as at March this year, some broadcasting stations in the country are owing the commission about N5 billion as licensing fees.Speaking with journalists in Ilorin on Tuesday, the…