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CBN RAISES BENCHMARK MPR BY 200 BASIS POINTS TO 24.75%.

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 The CBN’s Monetary Policy Committee (MPC) has increased the benchmark interest rate by 200 basis points from 22.75% to 24.75%. This was disclosed by the...
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Business

INSURANCE INDUSTRY RECORDED N1.003TRILLION AT CLOSE OF 2023.

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The Insurance industry of Nigeria has sustained its progressive trend of positive market performance at the close of 2023 fourth quarter, recording a milestone...
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Business

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NDIC AND EFCC STRENGTHEN PARTNERSHIP TO CURB FINANCIAL CRIMES IN THE BANKING SECTOR The Nigeria Deposit Insurance Corporation (NDIC)  says it's remains committed to ensuring...
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Business

IMPORT DUTIES: FG CANCELS  25% PENALTY ON IMPROPERLY IMPORTED VEHICLES

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The Nigeria Customs Service (NCS), under the directives of the Honourable Minister of Finance and Coordinating Minister of the Economy, has initiated a 90-day...
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Business

FAAC SHARES N 1,152.756 BILLION FEBRUARY 2024 REVENUE TO FG, STATES AND LGCs.

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The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024 Federation Account Revenue to the Federal Government,...
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Business

TRADE FACILITATION:  NEPC PARTNERS NCS  ON OPERATIONALIZATION OF THE DOMESTIC EXPORT WAREHOUSE 

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The Nigerian Export Promotion Council NEPC and the Nigerian Customs Service (NCS) have reaffirmed their commitment to provide seamless trade facilitation for exporting companies. This...
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Business

FOREX CRISIS:  CBN CLEARS VALID FX TRANSACTIONS TO ELIMINATE LEGACY BACKLOG.

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 The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the...
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Business

FG TO LAUNCH SUGAR MASTER PLAN PHASE II as INDUSTRY REQUIRES $3.5BN INVESTMENTS 

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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...
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Business

TRADE FACILITATION : CGC ADENIYI RESTATES COMMITMENTS TO ENHANCE TRADE IN KANO

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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...
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Business

SON PRESENTS 80 NEWLY APPROVED NIGERIAN INDUSTRIAL STANDARDS FOR COMPRESSED NATURAL GAS ROAD VEHICLES AND RELATED APPLIANCES TO THE PRESIDENTIAL COMPRESSED NATURAL GAS INITIATIVE 

okerek@globaltvabuja.com - 0
The Standards Organisation of Nigeria (SON), the national apex standards body has officially released 80 approved standards for Compressed Natural Gas (CNG) for road...
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Business

ANTI SMUGGLING : NCS SEEKS COOPERATION WITH MAI’ADUA KONGOLOM BORDER COMMUNITIES IN KATSINA STATE .

okerek@globaltvabuja.com - 0
In an effort to fortify the  relationship between the Nigeria Customs Service (NCS) and border communities,  the Comptroller General of America Bashir Adewale Adeniyi,...
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Business

FOOD SECURITY : NCS RETRAITED COMMITMENT TO PROTECT AGRICULTURAL PRODUCE 

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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...
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PTAD DISBURSES ₦55.9 BILLION IN PENSIONS AND ARREARS FOR DECEMBER 2025.

Business okerek@globaltvabuja.com - 0
The Pension Transitional Arrangement Directorate (PTAD)  said it has paid a total of ₦55.9 billion as monthly pensions and outstanding arrears to eligible pensioners...
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FEDERAL GOVERNMENT ACTIVATES NIGERIA REVENUE SERVICE, USHERS IN NEW ERA OF REVENUE ADMINISTRATION

Business okerek@globaltvabuja.com - 0
Nigeria’s revenue administration  enters a decisive new phase as the Federal Government officially launches the Nigeria Revenue Service (NRS) on Thursday, January 1, 2026,...
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NSC DG, HON. BUKOLA OLOPADE PAYS VISIT TO ANTHONY JOSHUA, SYMPATHIZES WITH FAMILIES OF VICTIMS AFTER FATAL ROAD ACCIDENT

National okerek@globaltvabuja.com - 0
The Director General of the National Sports Commission (NSC), Hon. Bukola Olopade, has expressed deep sympathy to global boxing star Anthony Joshua and the...
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NDIC REAFFIRMS COMPLIANCE WITH FISCAL REGULATIONS, EMPHASISES DEPOSITOR PROTECTION

Business okerek@globaltvabuja.com - 0
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its full compliance with fiscal and financial regulations, including the Fiscal Responsibility Act (FRA) 2007, as...
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