economy

Reps seek Customs support on Act amendment

The House of Representatives Committee on Customs and Excise has sought the support of customs officers for the ongoing amendment of the Nigeria Customs Act 2023. Chairman of the Committee,…

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CBN declares $6.83bn BOP surplus economic resurgence

The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of 6.83 billion dollars for the 2024 financial year. According to a statement issued by Hakama…

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NIPOST threatenss courier, logistics service providers

.,against illegal operation The Nigerian Postal Services (NIPOST) has urged courier or logistics service providers to register with the service or face the wrath of the law. The State Postal Manager,…

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LCCI speaks on Nigeria’s fresh $500m World Bank loan

The Lagos Chamber of Commerce and Industry (LCCI) has outlined strategic approaches aimed at maximising the benefits of the $500 million loan by the World Bank to Nigeria while mitigating…

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FG revokes houses of defaulting NHP subscribers

The Federal Ministry of Housing and Urban Development has  announced the revocation of the offer of provisional allocation of houses under the National Housing Programme (NHP) of defaulting subscribers. The…

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AMCODET seeks mobile phones registration at point of purchase to curb theft

…….says NIN-SIM linkage not enough Mobile phones’ technicians have on Monday urged the Nigeria Communications Commission to mandate the registration of mobile phones at the point of their purchase. The…

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NCS seizes N1.72bn worth contraband from smugglers

…….in 1 month The Federal Operations Unit (FOU), Zone A, Ikeja, of the Nigeria Customs Service (NCS) announced the interception of contraband worth N1.72 billion from smugglers in last one…

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Minister, Osun Gov parley to resolve Segilola rift

The Minister of Solid Minerals Development, Dr. Dele Alake has stressed that a harmonious relationship between state governments and mining operators is crucial not only for attracting investment but also…

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Minister vows fierce battle against illegal mining as Marshals clock one

The Minister of Solid Minerals Development, Dr. Dele Alake has declared that there will be no hiding place for illegal miners in the country as efforts to strengthen operations of…

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Group condemns MultiChoice’s subscription disparity in Nigeria, S’ Africa

Save the Consumers, a Non-Governmental Organisation (NGO), has condemned the 21 per cent subscription price hike by MultiChoice Nigeria on its DStv and GOtv services in the country. The Executive…

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