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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...

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

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...

NIGERIA CUSTOMS DISBURSE SEIZED FOOD ITEMS IN LAGOS

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...

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NDIC BEGINS LIQUIDATION, PAYS INSURED DEPOSITS TO ASO SAVINGS AND LOANS, UNION HOMES CUSTOMERS

  The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc following...

NEZA BACKS FREE ZONE REGULATORS, CALLS FOR 10-YEAR MORATORIUM ON NATIONAL TAX POLICY

  The Nigeria Economic Zones Association (NEZA) has thrown its full support behind the Managing Directors of the Nigeria Export Processing Zones Authority (NEPZA) and...

EXPLOITATIVE AIR FARES — FCCPC EXPANDS INVESTIGATION

Amid growing public outcry over soaring domestic airfares, the Federal Competition and Consumer Protection Commission (FCCPC) has widened its ongoing investigation into airline ticket...

OGFZA BACKS 10-YEAR TAX EXEMPTION FOR OIL AND GAS FREE ZONE OPERATORS

  The Oil and Gas Free Zones Authority (OGFZA) has thrown its weight behind calls for a 10-year exemption for operators in oil and gas...