The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Sola Obadimu, has pledged unwavering support to the newly elected executive council of the Commerce and Industry Correspondents Association of Nigeria (CICAN). Obadimu made this commitment during a courtesy visit by CICAN’s new leadership, led by Chairman Taiwo Hassan, to […]
The Nigeria Customs Service (NCS), Western Marine Command, has achieved a significant milestone in its anti-smuggling efforts with the interception of 20 sacks of Cannabis Indica, comprising 1,205 loaves, with a Duty Paid Value (DPV) of ₦157,830,000. Speaking to the press, Comptroller Patrick Ntadi, Area Controller of the Command, revealed that the seizure was made […]
The Nigeria Customs Service (NCS), Western Marine Command, has achieved a significant milestone in its anti-smuggling efforts with the interception of 20 sacks of Cannabis Indica, comprising 1,205 loaves, with a Duty Paid Value (DPV) of ₦157,830,000. Speaking to the press, Comptroller Patrick Ntadi, Area Controller of the Command, revealed that the seizure was made […]
In a bid to reposition for infrastructure opportunities in Nigeria and across Africa, the Board of Directors of United Capital Plc has announced the appointments of four highly experienced infrastructure investment experts as independent members of the investment committee of the United Capital Infrastructure Fund (UCIF). With investments in power, industrial recycling, and renewable energy, […]
By Tunde Ojudun The Nigerian Shippers’ Council (NSC), in its role as the Port Economic Regulator, has directed all shipping companies, agents, and terminal operators at Nigerian ports to immediately suspend any planned review or increase in charges. This directive remains in effect until full engagement and consultation with relevant stakeholders have been conducted. The […]
By Tunde Ojudun Dr. Adegboyega Oyetola, CON, Nigeria’s Minister of Marine and Blue Economy, has reiterated his call for state governments to prohibit the use of wooden boats for commercial water transport, citing their role in the country’s recurring waterway tragedies. This renewed appeal follows a series of devastating boat accidents that have claimed numerous […]
The Nigeria Deposit Insurance Corporation (NDIC) has declared ₦24.3 billion second liquidation dividend for depositors in the liquidated Heritage Bank Limited. The first liquidation dividend of ₦46.6 billion was paid to the depositors in April 2025 at a rate of 9.2 kobo per ₦1.00. The NDIC said the dividends were derived from debt recovery, sale […]
The New Nigeria People’s Party (NNPP) has issued a scathing statement distancing itself from any proposed political alliance between former Anambra State Governor Peter Obi and ex-Kano State Governor Senator Rabiu Musa Kwankwaso ahead of the 2027 presidential election. In a press release signed by Dr. Agbo Major, the National Chairman of the NNPP, the […]
Nestlé Nigeria Plc has clarified that Infant Formula sold by Nestlé Nigeria is not part of the voluntary and precautionary recall of specific batches of Infant Formula announced in some countries. The company said the explanation was necessary as the announcement may have raised questions in some countries In a press statement issued by its […]
By Tunde Ojudun The National President of the National Association of Government Approved Freight Forwarders (NAGAFF), High Chief Fwdr. Hon. Tochukwu E. Ezisi, has extended heartfelt New Year greetings to members of the association, urging them to embrace professionalism, regulatory compliance, and innovation in the year ahead. In a message addressed to all NAGAFF members, […]