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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...

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 ...

NAICOM PARTNERS NCAA TO STRENGTHEN INSURANCE REGULATIONS IN THE SECTOR.

The National Insurance Commission (NAICOM) has partnered with the Nigeria Civil Aviation Authority (NCAA) to tackle aviation-related issues and strengthen insurance regulations in the...

TELECOM TARIFF INCREASE : FCCPC CALLS ON NCC TO TRANSLATE HIGH TARIFF INTO SERVICE IMPROVEMENT.

The Federal Competition and Consumer Protection Commission (FCCPC), has called on Nigerian Communications Commission (NCC), to translate  the recently approved  50% adjustment in telecommunications tariffs...

PTAD INTRODUCES MOBILE ‘I AM ALIVE’ CONFIRMATION SOLUTION .

The Executive Secretary of Pension Transitional Arrangement Directorate (PTAD). Tolulope Odunaiya has announced a policy review of the I Am Alive confirmation solution by...

THIRD-PARTY MOTOR INSURANCE : ENFORCEMENT OF BEGINS FEBRUARY 1- IGP.

The Inspector General of Police,  Kayode Egbetokun, has announced that  February 1, 2025,  third-party motor insurance will be fully enforced across the country. The IGP...

BADAMASI LAWAL EXTENDS CHRISTMAS GREETINGS TO NIGERIANS AND CHRISTIANS.

The National Coordinator and Chief Executive Officer of the National Social Investment Programme Agency (NSIPA), Associate Professor Badamasi Lawal has extended heartfelt Christmas greetings to...

FCCPC CAUTIONS AIR PEACE AGAINST OBSTRUCTING ONGOING INQUIRY ON EXPLOITATIVE TICKET PRICING .

The Federal Competition and Consumer Protection Commission (FCCPC) has warned Air Peace against obstructing the ongoing inquiry into alleged exploitative ticket pricing among other...

CBN CLARIFIES STAFF EARLY EXIT EXERCISE: …SAYS PARTICIPATION IS ENTIRELY VOLUNTARY ABUJA .

 The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that its Early Exit Package (EEP) is entirely voluntary and...

HOUSE OF REPRESENTATIVE APPLAUDS PTAD FOR PROMPT PAYMENT OF PENSION.

The House of Representatives has  applauds  Pension Transitional Arrangement Directorate (PTAD) for prompt payment of pensions, gratuity and death benefits to retirees of the...

NAICOM, ICRC PARTNERS TO IMPLEMENT INSURANCE FOR ASSET UNDER PUBLIC-PRIVATE PARTNERSHIP ARRANGEMENTS.

The National Insurance Commission (NAICOM) and the Infrastructure Concession Regulatory Commission (ICRC) have agreed to partner to implement insurance provisions for assets under public-private...

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AEO DRIVES ₦362.79BN BOOST, CUSTOMS SUSPENDS DEFAULTING FIRM

  The Nigeria Customs Service has posted a major revenue boost under its Authorised Economic Operator programme, with collections rising by ₦362.79 billion — a...

DANGOTE CEMENT COMMISSIONS SECURITY POSTS IN KOGI HOST COMMUNITIES

By Kikelomo Okere   As part of its commitment to enhancing security and reinforce effective community policing in its host communities, Dangote Cement Plc, through its...

OIL FIRMS REJECT $25.5M DEBT CLAIMS, SAY DISPUTE UNDER ARBITRATION

By Kikelomo Okere Editor Green Energy International Limited (GEIL) and Lekoil Nigeria Limited have pushed back on media reports linking them to a $25.5 million debt,...

CBN SLAMS BANKS OVER ILLEGAL CHEQUE PRINTING.

Kikelomo Okere Editor The Central Bank of Nigeria has imposed a ₦10 million fine on any commercial bank that uses unaccredited cheque printers or personalisers. Beyond...