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Oil Theft: Private Security Saves Nigeria $43.2m Daily As Foreign Vessels Spend $50,000 on Security

The activities of private security operators in combating crude oil theft in Nigeria is estimated to save Nigeria over $43.2million daily even as foreign vessels spend a whopping $50,000 daily to secure their vessels at anchorage. Shedding light on the impacts of private security operators in curbing oil theft, the Executive Director, Tantita Security Services […]

Shippers’ Council promotes seamless movement of cargoes in Nigeria’s ports, Says ES

  The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council ( NSC), Barr. Pius Akutah has said that Nigerian Shippers’ Council (NSC), as Port Economic Regulator, promotes seamless movement of cargoes as well as efficiency of the nation’s ports. Barr. Akutah stated this when the management of Lekki Deep Sea Port led by […]

Customs’ Companies Get Board Members

The Comptroller-General of the Nigeria Customs Service, Bashir Adewale Adeniyi MFR, on Thursday, November 30, 2023, inaugurated new chairpersons and members of the four Customs companies. Inaugurating the new leadership at the Customs Headquarters, Abuja, CGC Adeniyi said the companies comprise Customs Service Technical & Hanger Services Limited, Nigeria Customs Service Training & Hotels Limited, […]

2024 Budget:Ogun Proposes N703.03bn

The Ogun Government has proposed a total expenditure of N703.03 billion naira for year 2024. Governor Abiodun said that the proposed expenditure would comprise of N287.37 billion as recurrent and N415.66 billion as Capital expenditure. The Ogun State Governor;Prince Dapo Abiodun made this known during the presentation of the year 2024 Appropriation Bill christiened “Budget […]

Abiodun Visits Home Of Slain Director, Promises Full Responsibility For Wife, Children

…Says perpetrators’ll be fished out, dealt with Ogun State Governor, Prince Dapo Abiodun has assured the family of the slain Director of Finance and Administration in the Governor’s Office, Mr. Taiwo Oyekanmi and people of the state that the perpetrators behind the killing will be caught and brought to justice. Prince Abiodun also said that […]

NDIC reviewing maximum deposit insurance coverage

The Nigerian Deposit Insurance Corporation (NDIC) is reviewing its maximum deposit insurance coverage to account for the impact of current macroeconomic developments. Bello Hassan, the NDIC Managing Director, said this on Wednesday in Owerri during the opening ceremony of the 2023 Finance Correspondents and Business Editors’ Conference. He said that the new coverage level, once […]