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NDIC SUSTAINS FIGHT AGAINST CORRUPTION WITH INAUGURATION OF ANTI-CORRUPTION & TRANSPARENCY UNIT (ACTU)

The Managing Director and Chief Executive officer  Nigeria Deposit Insurance Corporation (NDIC)  Bello Hassan says the corporation has a culture of zero tolerance for...

NCS PARTNERS  NFIU TO ENHANCE BORDER SECURITY.

The Nigeria Customs service says it will collaborate with Nigerian Financial Intelligence Unit  to enhance border security through intensifying onslaught against smugglers and money...

NAICOM PARTNERS DRTS TO ADDRESS THIRD PARTY VEHICLE INSURANCE.

National Insurance Commission (NAICOM) is set partner with the FCTA Directorate of Road Transport Service so as to address the issue of FAKE” Third (3rd)...

NIGERIAN ECONOMY RECORDS OVER $1.5 BILLION INFLOW POST-CBN MPC AS NAIRA TRADES N1,309/$1 AT NAFEM.

 The Central Bank of Nigeria (CBN) says the inflow of over $1.5 billion into the economy over the past few days indicates that its...

BANK RECAPITALISATION: CBN UNVEILS NEW MINIMUM CAPITAL REQUIREMENTS FOR BANKS.

 In order to strengthen the financial system in Nigeria, the Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging...

TREASURY BILL;  CBN SELLS N1.64 TRILLION.

The Central Bank of Nigeria (CBN) has conducted an auction of Nigerian Treasury Bills (NTBs) which saw a substantial amount of N1.64 trillion being...

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%.

 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...

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)  says it's remains committed to ensuring...

IMPORT DUTIES: FG CANCELS  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,...

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CUSTOMS PLEDGES RELENTLESS CRACKDOWN ON SMUGGLERS AT BORDER AREAS …AS OPERATION WHIRLWIND INTERCEPTS OVER 53,000 LITRES OF SMUGGLED PMS IN KWARA

The Nigeria Customs Service (NCS) has intensified efforts to curb the smuggling of Petroleum Motor Spirit (PMS), recording major seizures under Operation Whirlwind in...

DIASPORA ENGAGEMENT: CARDOSO URGES STRONGER ECONOMIC TIES WITH MIDDLE EAST.

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has canvassed stronger economic ties with the Middle East and the Nigerian diaspora community...

KOMOLAFE HIGHLIGHTS ENERGY SECTOR REFORMS AT RENEWED HOPE GLOBAL TOWN HALL CONFERENCE.

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has emphasised the need for a paradigm shift to...

NIGERIA CUSTOMS SERVICE, NPA COLLABORATE TO BOOST PORT EFFICIENCY.

The Comptroller-General of Customs Adewale Adeniyi, has emphasised the importance of collaboration between the Nigeria Customs Service  and the Nigerian Ports Authority  in enhancing...