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GOODS PRICING: FCCPC BLAMES DISPROPORTIONATE PRICING OF IMPORTED GOODS AMONG RETAILERS FOR INFLATION .

The Federal Competition and Consumer Pricing Commission (FCCPC)  says,  disproportionate pricing of imported goods mostly among retailers is mostly responsible for inflation in consumer...

CBN RE-INTRODUCES PUBLICATION OF KEY ECONOMIC REPORTS.

The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the Nigerian...

NDIC RELEASES UPDATE ON PAYMENT TO DEPOSITORS OF HERITAGE BANK (IN-LIQUIDATION).

Following the revocation of Heritage Bank’s banking license by the Central Bank of Nigeria (CBN) on June 3, 2024, the Nigeria Deposit Insurance Corporation...

CBN REAFFIRMS COMMITMENT TO PROVIDE LIQUIDITY SUPPORT TO FX MARKETS

 In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the foreign exchange market by...

CBN APPROVES FINANCIAL ACCOMMODATION FOR UNITY BANK AND PROVIDUS BANK MERGER.

The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and...

NAICOM UNVEILS NEW AGENTS LICENSING PORTAL

The National insurance commission has unveil a new licensing Portal for registration and renewal of the licences of insurance Agents. This is according to a...

CBN SELLS ANOTHER US$148 MILLION TO AUTHORISED DEALERS

The Central Bank of Nigeria (CBN) says it has   sold a cumulative amount of US$148,000,000.00 (One Hundred and Forty-Eight Million United States Dollars) to...

NIGERIA CUSTOMS PARTNERS WITH US CUSTOMS & BORDER PROTECTION TO COMBAT ILLICIT TRADE

The Nigeria Customs Service says its collaborating with the United States Customs and Border Protection Agency (CBP) on using Artificial Intelligence (AI) to curb...

NAICOM LAUNCHES COMPLAINTS PORTAL TO ADDRESS INSURANCE RELATED ISSUES

In an effort to effectively address complaints and ensure swift resolution to all Insurance related issues, the National Insurance Commission has launched the NAICOM...

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE .

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE . The Commissioner for Insurance/CEO of the National Insurance Commission, NAICOM,  Olusegun Ayo Omosehin, alongside   his...

HOUSE COMMITTEE ON CUSTOMS COMMENDS NCS FOR INCREASE IN REVENUE.

HOUSE COMMITTEE ON CUSTOMS COMMENDS NCS FOR INCREASE IN REVENUE. The Nigeria Customs Service  (NCS) receives commendation from the House Committee on Customs and Excise...

CBN SELLS $122.671 MILLION TO 46 AUTHORISED DEALERS.

CBN SELLS $122.671 MILLION TO 46 AUTHORISED DEALERS  The Central Bank of Nigeria  (CBN)   says it has sold the sum of US$122,671,000.00 (One Hundred and...

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PRESIDENT TINUBU NOMINATES GENERAL CHRISTOPHER MUSA AS THE NEW MINISTER OF DEFENCE

  President Bola Ahmed Tinubu has nominated General Christopher Gwabin Musa as the new Minister of Defence. In a letter to Senate President Godswill Akpabio, President...

UZODIMMA CONGRATULATES IMO NUJ CHAIRMAN NWANGUMA ON REELECTION

Governor Hope Uzodimma  has congratulated the Imo State Chairman of the Nigeria Union of Journalists (NUJ), Comrade Ifeanyi Nwanguma, and his executive team on...

CUSTOMS LEADERSHIP: ADENIYI URGES SENIOR OFFICERS TO CONFRONT INTERNAL WEAKNESSES

  The Nigeria Customs Service has issued one of its strongest internal wake-up calls yet, as Comptroller-General Adewale Adeniyi challenged senior officers to confront the...

CUSTOMS DRUG-FREE PUSH: CUSTOMS ORDERS MANDATORY DRUG TESTS FOR RECRUITS, SERVING OFFICERS

  In a decisive move to strengthen discipline within the Nigeria Customs Service, Comptroller-General Adewale Adeniyi has ordered mandatory drug testing for all incoming recruits—and...