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LICENSE REVOCATION : CBN COUNTERS CLAIM OF MORE LICENCE REVOCATION.

The Central Bank of Nigeria (CBN) has reassured members of the banking public of the safety of their deposits and the banking system's resilience....

SON HOSTS MEETING WITH OPERATORS OF THE SPECIAL ECONOMIC ZONES. 

The Standards Organization of Nigeria (SON), hosted operators of the Special Economic Zones to discuss grey areas surrounding the implementation of the Special Economic...

NSDC BOSS ASSURES THAT THE ONGOING REFORMS WILL UNLOCK THOUSANDS OF JOBS IN SUGAR INDUSTRY.

The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Kamar Bakrin, has assured that the ongoing reforms by the Council and expansion plans...

NCS PARTNERS NDC TO FOSTER NATIONAL SECURITY .

The Comptroller-General of Customs (CGC) Bashir Adewale Adeniyi, has  pledged to consolidate the collaboration between the National Defence College and Nigeria Customs Service to enhance...

NCS COLLABORATES WITH FRSC IN ENHANCING SECURITY, REVENUE GENERATION.

The Comptroller-General of Customs (CGC) Adewale Adeniyi, has promises to synergise with the Federal Road Safety Corps (FRSC) to provide adequate security and revenue...

NO PLANS TO REVOKE ANY LICENCE -CBN

In  response to  allegations of license withdrawals,  circulating in the public domain, suggesting that the CBN is set to revoke the licenses of three additional...

CBN REVOKES HERITAGE BANK PLC LICENCE.

The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the bank’s failure...

NDIC COMMENCE LIQUIDATION OF HERITAGE BANK

The Nigeria Deposit Insurance Corporation  NDIC says, it has commenced the liquidation of Heritage Bank Plc. The corporation’s Director of Communication and Public Affairs, Bashir...

FIGHT AGAINST SMUGGLING AND ECONOMIC SABOTAGE:  CG ADENIYI SETS UP OPERATION WHIRLWIND.

In an effort in protecting the nation’s economy from the adverse effects of smuggling petroleum products. The Comptroller-General of Customs (CGC) Adewale Adeniyi, inaugurates a...

CBN CLARIFIES GUIDELINES ON BDCS LICENSING.

 The Central Bank of Nigeria (CBN) has clarified the tier-based classification of Bureau De Change (BDCs), stating that the new guidelines followed an earlier...

CBN DIRECTS ALL BDCs TO REAPPLY.

  CBN directs all BDCs to reapply for licenses It also directed that BDCs meet the minimum capital requirements for the license category applied for...

ACCURATE MEASUREMENT  IS KEY TO INDUSTRIAL GROWTH – SON DG.

The Director General of the Standards Organisation of Nigeria (SON), Ifeanyi Okeke, says  measurement is critical as it affects energy efficiency in industries, resource...

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INVESTORS SHOW INTEREST IN TOLLING TINUBU’S LEGACY ROAD PROJECTS — UMAHI

  The Federal Government has signed agreements for eight major road projects across the country as part of President Bola Ahmed Tinubu’s infrastructure renewal agenda. Speaking...

FG SIGNS MAJOR ROAD CONTRACTS TO BOOST CONNECTIVITY, ECONOMIC GROWTH — UMAHI

  The Federal Government, through the Federal Ministry of Works, has signed contract agreements with four construction firms for major road projects across the country...

NEPZA BOSS RE-ELECTED TO WFZO BOARD IN PANAMA

    Nigeria’s rising profile in the global Special Economic Zones ecosystem has received another major boost as the Managing Director of the Nigeria Export Processing...

NEITI ILLEGAL MINING: AGENCY WARNS ILLICIT FLOWS THREATEN MINING SECTOR GROWTH

By Kikelomo Okere The Nigeria Extractive Industries Transparency Initiative, NEITI, has raised fresh concerns over rising illicit financial flows in Nigeria’s solid minerals sector, warning...