Despite bold proclamations from the Nigerian Maritime Administration and Safety Agency (NIMASA), its efforts to eliminate the unjustified War Risk Insurance (WRI) premiums levied on Nigeria-bound vessels seem stuck in neutral. Under the leadership of Director General Dr. Dayo Mobereola, NIMASA has vowed to challenge the $500 million annual drain from the Nigerian economy caused […]
The Port and Terminal Multiservice Limited (PTML) Command of the Nigeria Customs Service (NCS) recorded a significant milestone by generating ₦204.7 billion in revenue during the first half of 2025. This marks a 34.1% increase over the ₦152.6 billion collected in the same period last year. Comptroller Tenny Daniyan, PTML’s Customs Area Controller, shared the […]
By Ifeanyi Edwin Nwabugu The Nigeria Customs Service (NCS) on Wednesday 9th July 2025, received high commendation from the Nigerian upper Chambers, the Senate following the election of its Comptroller General Wale Adeniyi as the Chairperson of the World Customs Organization (WCO) Council. The Senate at its plenary lauded the landmark achievement as a testament […]
The Federal Inland Revenue Service (FIRS) has concluded plans to host a two-day national conference on Illicit Financial Flows (IFFs) in its efforts to safeguard Nigeria’s financial integrity through tackling the menace which adversely impacts revenue collection. According to a statement by Dare Adekanmbi, Special Adviser on Media to the FIRS chairman, Dr Zacch Adedeji, […]
Governor Dapo Abiodun of Ogun State has announced the passing of His Royal Majesty, Oba Sikiru Kayode Adetona, the revered Awujale of Ijebuland. Oba Adetona joined his ancestors yesterday, Sunday, July 13, 2025 at the age of 91 leaving behind a remarkable legacy that has significantly shaped Ijebuland, Ogun State and Nigeria in general. The […]
Former President of Nigeria, Muhammadu Buhari, has passed away at the age of 82 years in a London clinic, United Kingdom. This was disclosed in a statement shared by his spokesperson, Garba Shehu, on his personal X account on Sunday, July 13, 2025. “INNA LILLAHI WA INNA ILAIHIRRAJIUUN. The family of the former president has […]
The Nigeria Customs Service (NCS) has reiterated its unwavering commitment to securing Nigeria’s borders against illicit trade and smuggling operations. Speaking during the official handover of 25 containers filled with unregistered and prohibited pharmaceutical products to the National Agency for Food and Drug Administration and Control (NAFDAC) at Apapa Port, Comptroller General of Customs, Bashir […]
In a decisive move to tighten oversight on pharmaceutical imports, Comptroller General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, MFR, has ordered that pharmaceutical products must no longer be cleared through bonded terminals. Instead, they are to be processed directly at major entry points including Apapa Port, Lagos Airport, and Port Harcourt Port. […]
The International Monetary Fund (IMF) has examined the ongoing reforms at the Federal Inland Revenue Service (FIRS) and commended the agency for what it described as significant progress in its core duties. A Senior Economist at the Fiscal Affairs Department of the global body, Paulo Paz, gave the commendation on Wednesday at the opening of […]
In a decisive stride towards sustainable water transport, the Lagos State Waterways Authority (LASWA) hosted a strategic engagement session on Wednesday at its headquarters in Ikoyi. The meeting brought together key stakeholders, including the Presidential Initiative on Compressed Natural Gas (Pi-CNG), RIL Hydro Kraft Limited—advocates for marine CNG—and prominent boat operators across Lagos. LASWA’s General […]
