Latest news

Latest News

Nigeria Customs Promotes AEO Program for Faster Trade

The Nigeria Customs Service has sensitised maritime stakeholders on the procedures and benefits of migrating to the Authorised Economic Operator Programme from the Fast Track ahead of the December 2025 deadline. Speaking during the sensitisation exercise in Ikeja on Wednesday, the Comptroller-General of Customs, Adewale Adeniyi, explained that the AEO is a paradigm shift from...
Read more

Nigeria Risks N130bn Loss as Logistics Hub Declines

A maritime research group under the auspices of the Sea Empowerment Research Centre, has stated that Nigeria could lose an estimated N130 bn annually in customs duties, value-added taxes on imports, and other taxes due to reduced port activity caused by losing its logistics hub status. SEREC, in a statement over the weekend signed by...
Read more

Egbin Power Transformer Fire Disrupts Lagos Power Supply

The Transmission Company of Nigeria said a fire incident at Egbin Power Plc at about 6:30am on Tuesday affected its 150 Mega Volt Ampere (MVA) transformer at the Egbin Transmission Substation. TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah, on Wednesday disclosed this in a statement issued in Abuja. She explained that the fire originated...
Read more

Nigeria’s New Insurance Reform Act 2025: A Game Changer

The National Insurance Commission and other stakeholders in the insurance industry have hailed the new Nigerian Insurance Industry Reform Act 2025, stating that it will enhance the sector’s contributions to the country’s economy. NAICOM, in a statement following the announcement of the assent given to NIIRA 2025 by President Bola Tinubu, said the act would...
Read more

Coronation Infrastructure Fund Lists on Nigerian Exchange (N

Coronation Asset Management Ltd, a subsidiary of Coronation Group, is set to list the Coronation Infrastructure Fund on the Nigerian Exchange Limited. According to a statement from the firm on Wednesday, the move follows the Fund’s record-setting debut as Nigeria’s highest-ever Series I capital raise for a local infrastructure fund, with N8.79bn secured from institutional...
Read more

Tinubu Orders Pension Increase, Free Healthcare for Retirees

President Bola Tinubu has ordered the immediate implementation of overdue pension increases and the rollout of free healthcare access for low-income retirees under the Contributory Pension Scheme. The directive, which forms part of the administration’s broader social protection agenda, was issued after a briefing by the Director-General of the National Pension Commission, Ms Omolola Oloworaran,...
Read more

Counterfeit Computers Scandal Rocks Nigerian Tech Industry

Nigeria’s information technology regulator is facing backlash from local computer manufacturers who say counterfeit devices are undermining the government’s push to promote domestic tech production. The Certified Computer Manufacturers of Nigeria accused contractors working under the supervision of the National Information Technology Development Agency of supplying cloned versions of “SPEEDSTAR” laptops, a PC brand developed...
Read more

KWAM 1 Disputes FAAN’s Airport Incident Allegations

Renowned Fuji musician, King Wasiu Ayinde Marshal, popularly known as KWAM 1, has pushed back against allegations surrounding an incident at the Abuja airport, as the Federal Airports Authority of Nigeria has launched a probe into the matter. On Wednesday, FAAN announced that it had launched an investigation into an incident involving Ayinde Marshal concerning...
Read more
1 200 201 202 203 204 822

Must Read

Popular Posts

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...