Online News Magazine
Online News Magazine
Governor Siminalayi Fubara of Rivers State has extended heartfelt congratulations to the Minister of the Federal Capital Territory, Barr. Nyesom Wike, on his conferment of a Doctor of Science (D.Sc.) Honoris Causa by the University of Port Harcourt. In a personally signed statement, Governor Fubara described the honour as “well-deserved,” commending Wike’s exceptional leadership and […]
The Nigeria Customs Service (NCS) has granted a 21-day grace period, effective Monday, 28th July 2025, to importers who have defaulted on the conditions of their Temporary Admission Permits (TAP). Affected importers must act promptly to regularise their importation status by: – Applying for a valid extension – Re-exporting the goods under Customs supervision – […]
By Tunde Ojudun Hon. Ibrahim Tanko, National Coordinator of the 100% Compliance Team of the National Association of Government Approved Freight Forwarders (NAGAFF), has offered fresh praise for the newly introduced B’Odogwu transaction platform, acknowledging the Nigeria Customs Service’s visionary move despite initial hiccups. In a personally signed statement, Tanko applauded the courage and strategic […]
Seme Area Command of the Nigeria Customs Service has made major inroads against smuggling, intercepting five trucks loaded with prohibited goods mostly rice between July 1 and July 19, 2025, along the Lagos–Abidjan corridor. The trucks were found to contain a total of Two Thousand Eight Hundred (2,800) foreign parboiled rice 50Kg each, and Two […]
Dangote Sugar Refinery Plc has reported a revenue of N430.21 billion in the six months ended June 30, 2025, which in contrast to N295.62 billion earned in the same period in 2024 represents a 45.53 percent increase. According to financial reports posted on the portals of the Nigerian Exchange Group, revenue for the second quarter […]
The Federal Inland Revenue Service (FIRS) realised N14.27 trillion revenue in the first half of 2025, a presidential performance evaluation report indicated. The revenue represents a 43 per cent increase over the N9.98 trillion realised in the same period in 2024. The report said N10.64 trillion was realised from non-oil tax receipts in the first […]
At the West African Refined Fuel Conference in Abuja, Dr. Aliko Dangote, President/CEO of Dangote Petroleum Refinery, unveiled a troubling paradox in Nigeria’s oil ecosystem: despite being a major crude-producing nation, local refiners like his are forced to buy Nigerian crude oil from international middlemen—and at a premium. In his words: “Rather than buying crude […]
The Central Bank of Nigeria (CBN) has maintained its Monetary Policy Rate (MPR) at 27.50% in a bid to sustain the momentum of disinflation and contain price pressures. The decision was made during the 301st meeting of the Monetary Policy Committee (MPC) on July 21 and 22, 2025. The CBN also retained the Cash Reserve […]
By Ifeanyi Edwin Nwabugu The Comptroller General of Customs Wale Adeniyi has announced that plans have been concluded to introduce indigenous Nigeria local languages in addition to English language into the B’ODOGWU trade platform in a bid to enhance accessibility and seamless navigation by the Nigerians and especially the stakeholders. Adeniyi disclosed this in an […]
The Comptroller-General of Customs (CGC), Adewale Adeniyi, has reaffirmed the Nigeria Customs Service’s (NCS) dedication to a transparent, efficient, and inclusive deployment of the B’Odogwu clearance platform, assuring stakeholders that ongoing improvements are guided by their feedback. Speaking at a stakeholder town hall meeting held in Lagos on Monday, July 21, 2025, themed “Enhancing Trade […]
