Online News Magazine
Online News Magazine
The Securities and Exchange Commission (SEC) has sounded a renewed warning on the dangers of Ponzi schemes, highlighting their devastating impact on investor confidence, financial stability, and the Nigerian capital market. This was the central theme of a paper titled “Ponzi Schemes: Avoiding the Pitfalls of Illegality” presented by Head of the Enforcement Department of […]
The Nigeria Customs Service (NCS) has expended about N3.2 billion into its ongoing Trade Modernization Programme aimed at automating all documentation processes in goods clearance at the ports Controller General of the service Adewale Adeniyi who dropped this hint yesterday in Lagos at the 9th AMSAY Conference organised by Platform Communications said that the service […]
The Managing Director/CEO, of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has strategized to boost the competitiveness of the country’s seaports and grow revenue earnings by the Federal Government by engaging critical stakeholders. It would be recalled that the Authority had recently got the approval of the government to increase the Lekki Deep Seaport’s […]
The Nigeria Customs Service (NCS) has received a formal letter of appreciation from the Confederation of African Volleyball (CAVB) in recognition of its exceptional role in the successful hosting of the 39th edition of the CAVB Women’s African Volleyball Club Championship, which took place in Abuja from April 1-14, 2025. In a message signed on […]
A game changer for trade efficiency and revenue collection, an indigenous technology called the Unified Customs Management System (UCMS) also known as B’Odogwu introduced by the Nigeria Customs Service in its continuous quest to modernize its operations, enhance compliance and facilitate trade, has been deployed in Port Harcourt II Customs Area Command of the Service […]
As trade under African Continental Free Trade Area (AfCFTA) advances Nigeria targets 50% export price reduction with the collaboration between Nigeria Customs Service and the Federal Ministry of Industry, Trade and Investment. The two organs of government commissioned the inaugural Nigeria–East/Southern Africa Air Cargo Corridor, marking a major milestone in regional trade facilitation and continental […]
United Capital Asset Management (UCAML), a leading asset management company and subsidiary of United Capital Group, has announced the official launch of its latest mutual fund – The Children Investment Fund (CIF) at an event held at the Wheatbaker Hotel, Lagos. The Children Investment Fund is a naira-denominated, open-ended mutual fund designed to provide Nigerian […]
The Maritime Workers Union of Nigeria (MWUN) under the leadership of Comrade Francis Bunu Abi, recently played host to the Executives of Barge Operators Association of Nigeria (BOAN) at the Union’s Secretariat in Osho Drive, Olodi – Apapa, Lagos. A press statement issued by Comrade John Kennedy Ikemefuna, Head of Media, MWUN, stated that the […]
The Nigeria Customs Service (NCS) has intensified its anti-smuggling operations in Nigeria’s northeastern corridor, intercepting Premium Motor Spirit (PMS) and vehicles with a total Duty Paid Value (DPV) of over ₦63 million. This success was recorded through Operation Whirlwind, a targeted enforcement drive against the smuggling of PMS outside Nigeria. Announcing the seizure during a […]
The Royal Canadian Mounted Police (RCMP) International Special Services has commended the Nigeria Customs Service (NCS) for its unwavering commitment to safeguarding borders and disrupting transnational organised crime through strategic partnerships and intelligence-driven operations. This recognition follows the recent recovery of 12 luxury vehicles by the RCMP Liaison Office in Lagos, adding to the 53 […]
