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...

Business

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

okerek@globaltvabuja.com - March 8, 2024 0

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

Business

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

okerek@globaltvabuja.com - March 4, 2024 0

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

Business

INVESTORS OVERSUBSCRIBE CBN N1 TRILLION OMO BILLS.

okerek@globaltvabuja.com - March 4, 2024 0

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...

Business

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

okerek@globaltvabuja.com - March 3, 2024 0

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

Business

CBN REVOKES OPERATIONAL LICENSES OF 4,173 BDCs

okerek@globaltvabuja.com - March 1, 2024 0

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...

Business

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

okerek@globaltvabuja.com - February 28, 2024 0

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

Business

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

okerek@globaltvabuja.com - February 28, 2024 0

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...

Business

NCS COLLABORATES DG TAXUD EU FOR EFFICIENT EXPORT MONITORING, TRADE FACILITATION

okerek@globaltvabuja.com - February 28, 2024 0

The Nigeria Customs Service (NC) says it's collaborating with the Directorate General Taxation and Customs Union (DG TAXUD) of the European Union (EU) for...

Business

NIGERIA CUSTOMS DISBURSE SEIZED FOOD ITEMS IN LAGOS

okerek@globaltvabuja.com - February 23, 2024 0

The Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi has expressed commitment to align with President Bola Tinubu-led administration's plans to tackle the pressing issue...

Business

CUSTOMS COLLABORATES WITH DIA TO ENHANCE BORDER SECURITY

okerek@globaltvabuja.com - February 21, 2024 0

Nigeria Customs service says it's collaborating with the Defence intelligence Agency to maintain and deepen the existing relationships between NCS and the DIA. Comptroller General...

Business

FOOD CRISIS: NCS TO DISTRIBUTE SEIZED RICE, OTHERS

okerek@globaltvabuja.com - February 21, 2024 0

The Nigeria Customs Service ( (NCS) has announced its intention to distribute seized rice and other food items in a bid to reduce food security challenges...

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