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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...

CBN REPORTS UPSURGE IN DOLLAR INFLOW AS REMITTANCES QUADRUPLE, FOREIGN INVESTORS’ RETURN

 The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in...

IMPROPERLY IMPORTED VEHICLES:  NCS APPROVES 90-DAY WINDOW FOR PAYMENT OF DUTY.

In a proactive move to enhance compliance and streamline import processes, the Nigeria Customs Service (NCS), under the directive of the Honourable Minister of...

INVESTORS OVERSUBSCRIBE CBN N1 TRILLION OMO BILLS.

 The Central Bank of Nigeria (CBN), says it's has  concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as...

YOUTH DEVELOPMENT MINISTER SETS TO COLLABORATES WITH NDIC TO DEEPEN AWARENESS ON NDIC ACTIVITIES 

The Minister of State for Youth Development, Ayodele Olawande, has praised the Nigeria Deposit Insurance Corporation (NDIC) for its significant achievements in safeguarding depositors...

CBN REVOKES OPERATIONAL LICENSES OF 4,173 BDCs

The Central Bank of Nigeria (CBN),in exercise of the powers conferred on it under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act...

MPC MEETING  CBN RAISES MPR to 22.75% UP 400 BASIS POINTS.

In a bid to curb inflation and stabilise the economy, the Central Bank of Nigeria (CBN) has  increased the monetary policy rate (MPR) by...

EXCHANGE RATE  CBN  ALLOCATES $20,000 EACH TO BDC TO STABILISE NAIRA.

  In a bid to  rectify the persisting distortions in the retail segment of Nigeria’s foreign exchange market, the Central Bank of Nigeria (CBN) has...

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NAICOM HANDS OVER NEW LICENSES TO SANLAMALLIANZ LIFE AND GENERAL INSURANCE.

  The National Insurance Commission (NAICOM) has handed over new licenses to SanlamAllianz Life and General Insurance Nigeria Ltd. in a brief ceremony held in...

KADUNA STATE GOVERNMENT AND SMEDAN SIGN ₦1 BILLION MOU TO BOOST MSME DEVELOPMENT.

  In a landmark move to drive inclusive economic growth and revitalization of the entrepreneurial ecosystem in Kaduna State, the Kaduna State Government has signed...

NIGERIA, SAUDI ARABIA CUSTOMS SIGN HISTORIC COOPERATION AGREEMENT AT WCO COUNCIL SESSION IN BRUSSELS.

In a major diplomatic stride in alignment with Customs-to-Customs cooperation, the Nigeria Customs Service (NCS) and the Zakat, Tax and Customs Authority of the...

NNPCL ALLEGES COORDINATED SABOTAGE CAMPAIGN AGAINST NNPC LIMITED’S LEADERSHIP.

  The Nigerian National Petroleum Company Limited (NNPC Ltd.) has uncovered an emerging coordinated sabotage campaign being waged by a syndicate of known and faceless...