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NIGERIA CUSTOMS LAUNCHES B’ODOGWU, UNIFIED MANAGEMENT SYSTEM TO BOOST TRADE EFFICIENCY.

The Nigeria Customs Service (NCS) has launched B'Odogwu, a new Unified Customs Management System, starting with a pilot phase in Lagos at Port &...

BPE-ICRC SEEKS CLOSER COLLABORATION ON INFRASTRUCTURE.

Director General, Bureau of Public Enterprises (BPE), Ayodeji Gbeleyi has expressed the Burearu' commitment to collaborate with the Infrastructure Concession Regulatory Commission (ICRC) with...

PUBLIC SAFETY : SON WARNS AGAINST USE OF UNCERTIFIED CNG GAS CYLINDERS.

The standard Organization of Nigeria has charg all CNG refueling stations to undertake on-the-spot inspections to ascertain vehicles are equipped with approved conversion kits...

NEPC, NDPC PARTNER TO SAFEGUARD REGISTERED EXPORTERS DATA.

The Nigerian Export Promotion Council (NEPC) and the Nigerian Data Protection Commission (NDPC) have agreed to provide a framework that will safeguard personal and...

AGF GIVES GUIDELINES FOR THE EXEMPTION OF THIRD-PARTY RESEARCH GRANT FUNDS FROM TSA.

The Accountant General of the Federation, Dr. Oluwatoyin Madein has issued guidelines for the exclusion of third-party research grant funds of Federal Universities and...

HIGH INTEREST RATE WILL CURB INFLATION – CARDOSO

 The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the Bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS)...

NATIONAL INSURANCE COMMISSION  AND THE MINISTRY OF YOUTH DEVELOPMENT SIGN MoU TO TRAIN 1M YOUTHS IN INSURANCE PROGRAMME.

The National Insurance Commission and the Ministry of Youth Development  has  signed a Memorandum of Understanding to train one million youths in the country in...

CAPACITY BUILDING: CGC INAUGURATES STUDENT OF JUNIOR COURSE 20.

The Comptroller-General of Customs (CGC), Adewale Adeniyi has charged the newly inaugurated students of junior course 20 to take heed to the knowledge and...

NEPZA MD ELECTED TO THE BOARD OF DIRECTORS OF WORLD FZO IN DUBAI.

Managing Director and the Chief Executive offices  NEPZA Nigeria Export Processing Zones Authority NEPZA Dr Olufemi Ogunyemi, has  expressed delight on the overwhelming support from...

NIGERIA’S UNEMPLOYMENT RATE: NIGERIA’S UNEMPLOYMENT RATE RISES TO 5.3% IN Q1 2024.

 Nigeria’s unemployment rate in the first quarter of 2024 rose to 5.3%- a 0.3%-points increase from 5.0% in the third quarter of 2023. This is...

MONETARY POLICY COMMITTEE: CBN RAISES INTEREST RATE BY 50 BASIS POINTS TO 27.25%.

 The Central Bank of Nigeria (CBN) Monetary Policy Committee has decided to further raise interest rate by 50 basis points to 27.25%. The Governor of...

POLICY GUIDE LINES: CBN TEMPORARILY WITHDRAWS NEWLY RELEASED DOCUMENT DUE TO MISREPRESENTATIONS.

The Central Bank of Nigeria (CBN) has temporarily withdrawn its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for the fiscal years 2024-2025 document...

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FCCPC ALERTS OF LOW-QUALITY SUGAR IN NIGERIAN MARKETS.

 The Federal Competition and Consumer Protection Commission (FCCPC)  says it has uncovered the availability of substandard and unregistered sugar products in Nigerian markets, particularly...

FG REITERATES COMMITMENT AND RESILENCE TO  DEFEAT BANDITRY AND TERRORISM-BADARU .

The Honourable Minister of Defence , Mohammed Badaru Abubakar  has called  on the Nigerian Airforce to intensify the use of their various platforms to...

TAX REFORM BILL: FREE ZONE OPERATORS REJECT KEY PROVISIONS

TAX REFORM BILL: 98 operators from Nigeria’s Export Free Zones has raised strong objections to certain provisions of the President Bola Tinubu-led Federal Government’s proposed...

NAICOM,  EFCC COLLABORATES  TO SANITISE INSURANCE SECTOR IN NIGERIA.

The National Insurance Commission (NAICOM) and the Economic and Financial Crimes Commission (EFCC) is set  to strengthening partnership  as a crucial step towards creating...