Online News Magazine
Online News Magazine
The Comptroller-General of Nigeria Customs Service Bashir Adewale Adeniyi MFR, last week inaugurated a workshop for a newly formed tactical team, Operation Whirlwind, aimed at combating the smuggling of Petroleum Products to the neighbouring countries. In his opening remarks, CGC Adeniyi emphasised the crucial role the team will play in protecting the nation’s economy from […]
Nigeria’s mega oil refinery, Dangote Refinery seeks two million barrels of Midland a month from July this year as Nigeria struggles to boost its crude production. The refinery is seeking to buy millions of barrels of US crude over the next year as it ramps up processing rates, a sign of the challenges that Africa’s […]
The delay in the deployment of the modular floating dock acquired by the Nigerian Maritime Administration and Safety Agency (NIMASA) since 2018 is being questioned by stakeholders in Nigeria’s maritime industry. The stakeholders are raising pressing questions about the whereabouts andmanagement of the N50 billion Modular Floating Dock. Despite promises of relocation and utilization, the […]
The Western Marine Command of Nigeria Customs Service in a major onslaught against the reign of smuggling on the Western Waterways and Creeks has made a seizure of One Hundred and Seventy Seven (177) Sacks and Sixty One (61) Kegs of 25 Litres containing Premium Motor Spirit (PMS) along Isalu Creek Badagry Waterway en-route Benin […]
The Chairman of Dutsi Local Government Area, Katsina State, Mr. Ado Rabe, has pleaded with the management of Nigeria Customs Service to the slain Customs officer, late Customs Assistant 11, Auwal Haruna with another member of his family. The local government chairman spoke on behalf of the family of the deceased when a high-powered delegation […]
Compt. PK Bamisaiye has taken over as the new Area Controller of Western Marine Command of the Nigeria Customs Service from Comptroller OA Salefu. The change of baton. was sequel to a minor reorganization of leadership in some Area Commands by the management of the Service. According to a press statement issued by Public Relations […]
Dr. Aliko Dangote, President of Dangote Group, Dr. Mike Adenuga, Chairman, Globacom Telecommunication, Alhaji Abdulsamad Rabiu, Chairman of BUA Group and Mr. Femi Otedola, Chairman, Geregu Power, are the only Nigerians who made it into the Forbes 2024 billionaires list. On Tuesday, Forbes said there are more billionaires in 2024 despite inflation and political unrest. […]
The Nigeria Customs Service has demonstrated its capacity to meet the annual revenue target of NGN 5.07 trillion set for it by the Federal Government with the remarkable performance of collecting a whopping sum of N1,347,675,608,972.75 in the first quarter of the year. The collection for the first quarter is over 25 per cent of […]
…As naira appreciates by N660 The Association of Bureaux de Change Operators of Nigeria (ABCON) an umbrella body of the Central Bank of Nigeria (CBN)- licensed Bureaux de Change (BDCs) has lauded the decision of the Olayemi Cardoso-led CBN to recall BDCs into the mainstream FX market as a major factor in ongoing exchange rate […]
VDF Group Plc has stressed the need for increased financing for the entertainment and media industry to boost foreign exchange earnings and economic development. The Managing Director of Splitar Limited, Mr Folagbade Adeyemi, stated this while speaking at the Capital Market Correspondents Association of Nigeria (CAMCAN) quarterly Forum, sponsored by VFD Group Plc. Adeyemi noted […]
