The Securities and Exchange Commission has stated its readiness to partner with the Nigerian Agricultural Insurance Corporation in a bid to further deepen the commodities trading ecosystem. Director General of the SEC, Mr. Lamido Yuguda stated this during a meeting with the Management of NAIC in Abuja,weekend. Yuguda stated that the commission is …
Read More »80% of imports must pass through scanners – Customs
The Nigeria Customs Service has accused terminal operators and clearing agents of undermining the newly installed $120m scanners. The Customs Area Controller in charge of TinCan Island Ports, Mr Adekunle Oloyode, while addressing journalists at the command recently, said that the agents were undermining the scanners because it would expose …
Read More »ISB Aims To Inspire Confidence – Lawmaker
The provisions of the Investments and Securities Bill recently passed by the House of Representatives is expected to inspire confidence of both local and foreign investors as they can be assured that the regulators have been sufficiently empowered to deal with malpractices that undermine confidence in the market. This was …
Read More »I Have Fulfilled My Promise To Tackle Terrorists, Stabilize Economy—Buhari
Temitayo Okereji President Muhammadu Buhari has said that “God has helped” his regime to “clear Boko Haram” in the North-East. The President noted that the threat of terrorism was the most critical security challenge inherited by his regime but expressed delight that normalcy had returned to affected states in the …
Read More »Borrowing Not Solution To Nigeria’s Problem—Atiku
Against the backdrop of a bleak economic future for Nigeria painted by the World Bank recently, the Peoples Democratic Party Presidential Campaign Council has said the report justifies the need to have its candidate, Atiku Abubakar, elected president of the country to address the nation’s many challenge In earlier report, …
Read More »NRC Resumes Abuja-Kaduna Train Services After Nine Months Shutdown
The Nigerian Railway Corporation (NRC) on Monday resumed shuttle services on the Kaduna-Abuja route after about eight months it suspended operations. The train departed the terminal by 9:45am in Kaduna and arrived at the Idu train station in Abuja at about 10:22am. To ensure safety of passengers, the Inspector-General of …
Read More »ICT Vital To Tackling Insecurity, Says IGP
The Inspector General of Nigerian Police, Usman Baba, has said a technical and information technology based collaboration amongst the security agencies will boost the protection of lives and property in the country. Baba stated when he inaugurated the Intelligence and Surveillance Centre in Ogbum-Nu-Abali Community in Port Harcourt on Monday, …
Read More »NEPC Present Non-Oi Export Certification To 101 SMEs
The Nigerian Export Promotion Council (NEPC) on Thursday commenced the Non-Oil certification process for 200 Micro Small Medium Enterprises SMEs. The Chief Executive Officer, NEPC,Dr Ezra Yakusak disclosed this at the women and youth inclusive session held at the sidelines of the the export for survival week. Yakusak while presenting …
Read More »THE FG, STATES AND LGCs SHARE N736.782 BILLION FOR THE MONTH OF October 2022.
The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N736.782 billion to the three tiers of government, as Federation Allocation for the month of October, 2022. From this stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Exchange Gain and augmentation from Non Oil …
Read More »Global economy needs Nigeria, says IMO boss
The Secretary-General of the International Maritime Organisation, Kitack Lim, has described Nigeria as a very important country not only to Africa but to the global economy. This is contained in a statement signed by the Assistant Director, Public Relations, Nigerian Maritime Administration and Safety Agency, Osagie Edward, in Lagos, and …
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