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Customs, Benin Republic partner to boost trade

21.05.2025
The Nigeria Customs Service and the Benin Republic Customs Administration have launched SIGMAT connectivity between both countries to digitalise and harmonise cross-border trade. The Comptroller-General of Customs, Adewale Adeniyi, announced this on Monday while addressing journalists at the Seme-Kraoke Joint Border Post. SIGMAT, which stands for “Système Interconnecté de Gestion des Marchandises en Transit” in...
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Stakeholders commend Customs over trade boost

21.05.2025
Stakeholders have lauded the Nigeria Customs Service over several initiatives introduced by the service to boost trade. The stakeholders spoke on Monday in Ikeja, during the 2025 NCS Trade Facilitation Stakeholders Consultative Forum, which also marked the first anniversary of the Advanced Ruling Programme introduced by the service. The event was themed ‘Trade facilitation measures...
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Upgraded Oyo airport begins operations 2026

21.05.2025
Local flights will, by the end of the year, resume operations at the upgraded Ladoke Akintola International Airport, Ibadan, Oyo State. This was announced in a statement released by the state Commissioner for Information and Orientation, Dotun Oyelade, in Ibadan, the state capital, on Monday. He explained that activities are in top gear to upgrade...
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FG urged to recognise Etete’s contributions to oil sector

21.05.2025
An Ijaw environmental activist, Bolouowei Kurokeme, has called on the Federal Government and stakeholders in the oil and gas industry to recognise the contributions of a former Minister of Petroleum Resources, Dan Etete, to the oil and gas sector, describing him as the architect of Nigeria’s oil sovereignty and a champion of indigenous participation in...
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Nigeria, UAE allow ticket sale in foreign currencies

21.05.2025
The Federal Government and the Government of the United Arab Emirates have agreed to recognise the United States dollar and other freely convertible currencies as legal tender for airfares between Nigeria and the UAE. This development was revealed in the updated Bilateral Air Services Agreement between both nations, sighted by our correspondent. This agreement paved...
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PETROAN tackles NNPC over P’Harcourt refinery delay

21.05.2025
Six months after the Nigerian National Petroleum Company Limited promised to unveil the new 210,000 barrels per day at Port Harcourt refinery. The Petroleum Products Retail Outlets Owners Association of Nigeria has asked the Nigerian National Petroleum Company Limited to give it a timeline for the completion of the new 210,000 barrels per day Port...
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Marketers import N436bn petrol amid row with Dangote

21.05.2025
A fresh wave of Premium Motor Spirit (petrol) importation into the country has made the row between oil marketers and the Dangote Petroleum Refinery to linger, amid signs of deepening tensions in Nigeria’s downstream oil sector. This row deepened after independent oil marketers resumed large-scale importation of petrol, as fresh data shows that over 496.17...
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Manufacturers kick as TCN awards $100m contract to Chinese firms

20.05.2025
The Association of Meter Manufacturers of Nigeria has accused the Federal Government of sidelining local manufacturers in favour of foreign firms for multimillion-dollar contracts in the power sector. The group said the Transmission Company of Nigeria recently awarded electricity meter contracts worth over $100m (approximately N160bn) to two Chinese companies despite the capacity of indigenous...
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FG eyes $2bn fibre network rollout in Q4

20.05.2025
The Presidency on Monday said Nigeria’s Communications and Digital Economy sector attracted $191m in foreign direct investment in Q1 2024—a ninefold increase from $22m in Q1 2023. The Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, disclosed this during an interview for an upcoming State House documentary marking President Tinubu’s second anniversary. Special...
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Edun unveils new SEC website

20.05.2025
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has officially unveiled the new website of the Securities and Exchange Commission, marking a step in the digital transformation of Nigeria’s capital market. The unveiling took place during the recent Capital Market Committee meeting, where Edun, represented by the Minister of State for Finance,...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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...

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Man who asked Tinubu to resign admitted in psychiatric hospital

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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...

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