Monday, May 5, 2025

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NIGERIA CUSTOMS SERVICE, NPA COLLABORATE TO BOOST PORT EFFICIENCY.

The Comptroller-General of Customs Adewale Adeniyi, has emphasised the importance of collaboration between the Nigeria Customs Service  and the Nigerian Ports Authority  in enhancing...

CBN ASSURES PUBLIC OF KEYSTONE BANK’S STABILITY FOLLOWING FORFEITURE ORDER BY COURT.

Following the court order that the shares of Keystone Bank Limited previously held by the shareholders be forfeited to the Federal Government of Nigeria,...

LOKOPOBIRI URGES OIL & GAS FIRMS TO HARNESS THE OPPORTUNITIES THE $5BN AFRICAN ENERGY BANK.

The Minister of State for Petroleum  Senator Heineken Lokpobiri, has urged stakeholders in the oil and gas industry to harness the opportunities the $5bn...

NEITI-TETFUND FORGE TIES ON DATA ACCESS, TAX COMPLIANCE AND REVENUE TRANSPARENCY.

 The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Tertiary Education Trust Fund-TETFund have committed to strengthen their partnership on accessibility to credible data,...

BREAKING: CBN ELIMINATE THREE FREE MONTH WITHDRAWAL FROM ATM.

Central Bank of Nigeria has eliminated the three free monthly withdrawals previously allowed for customers using other banks’ ATMs. In a circular released by the...

NIGERIA CUSTOMS SERVICES  SUSPENDS IMPLEMENTATION OF 4% FOB CHARGE.

 The Nigeria Customs Service has  announced the suspension of the implementation of 4% Free-on-Board (FOB) value on imports as provided in Section 18(1)(a) of the...

WARNS OFFICERS AGAINST GROSS VIOLATION OF RIGHTS, POLICE MISCONDUCT.

The Inspector-General of Police Kayode Egbetokun has issued a stern warning to all officers regarding serious breaches of Human Rights, emphasizing the duty of...

NAICOM ISSUES ADDITIONAL REGULATORY REQUIREMENTS FOR LIFE INSURANCE COMPANIES.

The National Insurance Commission (NAICOM) has issued additional regulatory requirements for life insurance companies carrying on annuity business in the country. A circular by the...

NAICOM/ NEMSA PARTNERS TO  ENSURE COMPLIANCE WITH ELECTRICAL SAFETY REGULATIONS AND INSURANCE REQUIREMENTS

In a bid to enhance public safety and regulatory enforcement, the National Insurance Commission (NAICOM) and the Nigerian Electricity Management Services Agency (NEMSA) signed ...

NNPC Ltd/First E&P JV ACHIEVES 96% REDUCTION IN ROUTINE GAS FLARING

The NNPC Ltd and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) says it  has achieved 96% reduction in routine...

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QUITTING NIGERIA DOES NOT ABSOLVE META OF LIABILITY- FCCPC.

  The Federal Competition and Consumer Protection Commission says   WhatsApp's claim that it may be forced to exit Nigeria due to FCCPC's recent order appears to...

NDIC CLINCHES FIRST, THIRD PLACES AT THE 2024 FEDERAL PUBLIC SERVICE INNOVATION COMPETITION.

The Nigeria Deposit Insurance Corporation (NDIC) has  announce its exceptional performance at the 2025 Federal Public Service Innovation Competition, emerging as both the overall...

SENATOR LOKPOBIRI ATTRIBUTES NNPCL, CAVERTON, STENABULK JV TO PRESIDENT TINUBU’S FORESIGHT IN INDUSTRY REFORMS.

The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, has lauded the Joint Venture (JV) between the Nigerian National Petroleum Corporation (NNPC), Caverton...

NAF 61st ANNIVERSARY CELEBRATIONS: NAF HOLDS OPEN DAY NATIONWIDE .

As part of the activities commemorating its 61st anniversary, the Nigerian Air Force (NAF) has  announce a nationwide Open Day event, inviting members of...