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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...

TRADE FACILITATION : CGC ADENIYI RESTATES COMMITMENTS TO ENHANCE TRADE IN KANO

In a bid to rekindle the longstanding partnership between the Nigeria Customs Service and the Kano State Government, the Comptroller-General of Customs, Bashir Adewale...

SON PRESENTS 80 NEWLY APPROVED NIGERIAN INDUSTRIAL STANDARDS FOR COMPRESSED NATURAL GAS ROAD VEHICLES AND RELATED APPLIANCES TO THE PRESIDENTIAL COMPRESSED NATURAL GAS INITIATIVE 

The Standards Organisation of Nigeria (SON), the national apex standards body has officially released 80 approved standards for Compressed Natural Gas (CNG) for road...

ANTI SMUGGLING : NCS SEEKS COOPERATION WITH MAI’ADUA KONGOLOM BORDER COMMUNITIES IN KATSINA STATE .

In an effort to fortify the  relationship between the Nigeria Customs Service (NCS) and border communities,  the Comptroller General of America Bashir Adewale Adeniyi,...

FOOD SECURITY : NCS RETRAITED COMMITMENT TO PROTECT AGRICULTURAL PRODUCE 

The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi has  reiterated the Service's commitment in ensuring national food security in  unwavering dedication...

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NEPZA, FEDERAL CTTEE, DANGOTE REFINERY FZE, TO CRASH DOMESTIC PRICES OF PETROLEUM PRODUCTS.

The trio of the Nigeria Export Processing Zones Authority (NEPZA), One-Stop-Shop Committee on the `Sale of Crude in Naira’, and the Dangote Refinery &...

COMMANDER OPERATION WHIRL STROKE REFUTES SAHARA REPORTERS’ CLAIMS, URGES PUBLIC TO SHUN MISINFORMATION.

  The Force Commander Operation WHIRL STROKE (OPWS), Major General Moses Gara, has categorically refuted a recent report by Sahara Reporters alleging that the Nigerian...

NIGERIA CUSTOMS, INDIA STRENGTHEN BILATERAL TIES AT WCO POLICY COMMISSION.

The Nigeria Customs Service (NCS) has reaffirmed its commitment to deepening strategic cooperation with the Indian Customs Administration, as both sides advanced discussions on...

GENERAL NAFIU COUNSELS CORPS MEMBERS ON SAVINGS, INVESTMENT, PEACEFUL CO-EXISTENCE

  The Director General of National Youth Service Corps, Brigadier General Olakunle Nafiu has advised Corps Members to be prudent in their spendings and also...