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Friday, September 6, 2024

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FESTIVE SEASON: FCCPC BUSTS DECEPTIVE RICE WEIGHT CLAIMS IN GARKI MODERN MARKET ABUJA.

In an efforts to protect consumer rights and interests, as mandated by the Federal Competition and Consumer Protection Act (FCCPA) 2018, particularly under Sections...

CBN RAISES BENCHMARK MPR BY 200 BASIS POINTS TO 24.75%.

 The CBN’s Monetary Policy Committee (MPC) has increased the benchmark interest rate by 200 basis points from 22.75% to 24.75%. This was disclosed by the...

INSURANCE INDUSTRY RECORDED N1.003TRILLION AT CLOSE OF 2023.

The Insurance industry of Nigeria has sustained its progressive trend of positive market performance at the close of 2023 fourth quarter, recording a milestone...

NDIC AND EFCC STRENGTHEN PARTNERSHIP TO CURB FINANCIAL CRIMES IN THE BANKING SECTOR The Nigeria Deposit Insurance Corporation (NDIC)  says it's remains committed to ensuring...

IMPORT DUTIES: FG CANCELS  25% PENALTY ON IMPROPERLY IMPORTED VEHICLES

The Nigeria Customs Service (NCS), under the directives of the Honourable Minister of Finance and Coordinating Minister of the Economy, has initiated a 90-day...

FAAC SHARES N 1,152.756 BILLION FEBRUARY 2024 REVENUE TO FG, STATES AND LGCs.

The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024 Federation Account Revenue to the Federal Government,...

TRADE FACILITATION:  NEPC PARTNERS NCS  ON OPERATIONALIZATION OF THE DOMESTIC EXPORT WAREHOUSE 

The Nigerian Export Promotion Council NEPC and the Nigerian Customs Service (NCS) have reaffirmed their commitment to provide seamless trade facilitation for exporting companies. This...

FOREX CRISIS:  CBN CLEARS VALID FX TRANSACTIONS TO ELIMINATE LEGACY BACKLOG.

 The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the...

FG TO LAUNCH SUGAR MASTER PLAN PHASE II as INDUSTRY REQUIRES $3.5BN INVESTMENTS 

The Federal Government is set to formally unveil Phase II of the Nigeria Sugar Master Plan (NSMP). This, according to the Executive Secretary of the...

DISABILITY STUDIES:: NCPWD RECEIVES WESLEY UNIVERSITY INTO AWARD OF FULL DEGREE PROGRAMS

To further expand the coverage of Universities that will be awarding full degree programs in disability studies, the Executive Secretary, National Commission for Persons...

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PETROLEUM SUPPLY: SITUATION ROOM COMMENDS DANGOTE OVER COMMENCEMENT OF PMS PRODUCTION.

PETROLEUM SUPPLY: SITUATION ROOM COMMENDS DANGOTE OVER COMMENCEMENT OF PMS PRODUCTION The Situation Room on Energy Sustainability, a coalition of civil society organizations, has commended the...

NAICOM SETS TO COLLABORATE WITH NIGERIA FACTORING WORKING GROUP TO ENHANCE  ECONOMIC GROWTH.

The commissioner for Insurance and chief executive officer of the National Insurance Commission (NAICOM), has pledged full support  for the development of factoring in...

MATAWALLE , CDS AND OTHER SERVICE CHIEFS TO STORM SOKOTO TO FLUSH OUT BANDITS IN THE  NORTH WEST.

The Honourable Minister of State for Defence Dr Bello Muhammed Matawalle   has expressed his sadness over the activities of terrorists and Bandits terrorizing sokoto,...

NIGERIA SIGNS MoU WITH ARAB REPUBLIC OF EGYPT ON DEFENCE INDUSTRY COOPERATION.

The Government of the Federal Republic of Nigeria and Arab Republic of Egypt have signed a Memorandum of Understanding to deepen defence industry  cooperation. The...