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CBN TACKLES FX TRANSACTIONS ABUSES IN CLEARING LIABILITIES BACKLOG

The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion...

JOINT TAX BOARD SEEKS COLLABORATION WITH NIGERIA CUSTOMS SERVICE FOR EFFECTIVE TAX MANAGEMENT

The Joint tax board is soliciting for collaboration with the Nigeria Customts service In a bid to enhance effective tax management in Nigeria, At a...

NAICOM  PARTNERS NPF TO ENHANCE COMPULSORY INSURANCE ENFORCEMENT

National Insurance Commission and the Nigeria Police Force is collaborating to strengthen enforcement of the compulsory insurances in the country. The Commissioner for Insurance and...

MARITIME SECURITY : NCS, BLUE ECONOMY AND NRC COLLABORATES TO  ENHANCE OPERATIONAL EFFICIENCY IN NIGERIAN SEAPORTS.

    In an effort to strengthen the maritime sector in Nigeria stakeholders in the maritime sector held a a strategic meeting at the Ministry of Marine...

CBN APPOINTS NEW EXECUTIVES FOR UNION BANK, KEYSTONE BANK, AND POLARIS BANK

Following the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank on Wednesday, January 10, the CBN has appointed new executives...

NCS PARTNERS AfCFTA TO ENHANCE TRADE INITIATIVE

The Comptroller-General of the Nigeria Customs Service, Bashir Adewale Adeniyi  has expressed readiness to partner with the African Continental Free Trade Area (AfCFTA)  so...

FCCPC FINES BRITISH AMERICAN TOBACCO NIGERIA LTD, AFFILIATE COMPANIES $110m FOR INFRINGEMENT

The Federal Competition and Consumer Protection Commission (FCCPC) has fined the British American Tobacco(BAT) Nigeria Limited and other affiliated companies the sum of One...

NNPC LTD FULFILS PROMISE, DELIVERS PORT HARCOURT REFINERY.

The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of...

CBN CAUTIONS BANKS, POS OPERATORS OVER AVAILABILITY OF THE NAIRA

The Central  bank of Nigeria has frowned  at such inappropriate actions by  some Deposit Money Banks (DMBs) and Point-Of-Sale (PoS) operators affecting the availability of cash...

TRADE FACILITATION NIGERIA CUSTOMS SERVICE BOARD HOLDS INAUGURAL MEETING 

TRADE FACILITATION NIGERIA CUSTOMS SERVICE BOARD HOLDS INAUGURAL MEETING Finance Minister and Coordinating Minister of the Economy, Wale Edun while presiding over the inaugural meeting of the...

SERVICE ADVANCEMENT CGC ADENIYI UNVEILS VISION FOR CUSTOMS  IN DINNER WITH DIPLOMATS

S The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi has retraited commitment  to leverage new technological advancements. Adewale made this known when he hosted  the...

CONSUMER CREDIT CBN, NIMC, OTHERS TO DEVELOP FRAMEWORK FOR CONSUMER CREDIT IN NIGERIA ..

The Presidential Council on Industrial Revitalization has established a Technical Working Group with members from the Central Bank of Nigeria (CBN), the National Identity...

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QUITTING NIGERIA DOES NOT ABSOLVE META OF LIABILITY- FCCPC.

  The Federal Competition and Consumer Protection Commission says   WhatsApp's claim that it may be forced to exit Nigeria due to FCCPC's recent order appears to...

NDIC CLINCHES FIRST, THIRD PLACES AT THE 2024 FEDERAL PUBLIC SERVICE INNOVATION COMPETITION.

The Nigeria Deposit Insurance Corporation (NDIC) has  announce its exceptional performance at the 2025 Federal Public Service Innovation Competition, emerging as both the overall...

SENATOR LOKPOBIRI ATTRIBUTES NNPCL, CAVERTON, STENABULK JV TO PRESIDENT TINUBU’S FORESIGHT IN INDUSTRY REFORMS.

The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, has lauded the Joint Venture (JV) between the Nigerian National Petroleum Corporation (NNPC), Caverton...

NAF 61st ANNIVERSARY CELEBRATIONS: NAF HOLDS OPEN DAY NATIONWIDE .

As part of the activities commemorating its 61st anniversary, the Nigerian Air Force (NAF) has  announce a nationwide Open Day event, inviting members of...