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FESTIVE SEASON: FCCPC BUSTS DECEPTIVE RICE WEIGHT CLAIMS IN GARKI MODERN MARKET ABUJA.

In an efforts to protect consumer rights and interests, as mandated by the Federal Competition and Consumer Protection Act (FCCPA) 2018, particularly under Sections...

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

ย The CBNโ€™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...

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

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

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

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

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...

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

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,...

TRADE FACILITATION:ย  NEPC PARTNERS NCSย  ON OPERATIONALIZATION OF THE DOMESTIC EXPORT WAREHOUSEย 

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...

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

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

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

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...

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

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...

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

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 theย  relationship between the Nigeria Customs Service (NCS) and border communities,ย  the Comptroller General of America Bashir Adewale Adeniyi,...

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INVESTORS SHOW INTEREST IN TOLLING TINUBUโ€™S LEGACY ROAD PROJECTS โ€” UMAHI

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

FG SIGNS MAJOR ROAD CONTRACTS TO BOOST CONNECTIVITY, ECONOMIC GROWTH โ€” 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

    Nigeriaโ€™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 Nigeriaโ€™s solid minerals sector, warning...