Tag: Federal

Nigeria Customs, China Sign MoU To Enhance Trade
May 12, 2024 No Responses

Nigeria Customs, China Sign MoU To Enhance Trade

The Nigeria Customs Service (NCS) has signed a Memorandum of Understanding (MoU) with the General Administration of Customs of the People’s Republic of China (GACC) to foster bilateral relationship for the enhancement of economic growth.On Wednesday, 8 May 2024, Comptroller-General...
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NSIB Probes  Xejet Aircraft Incident
May 12, 2024 No Responses

NSIB Probes  Xejet Aircraft Incident

The Nigerian Safety Investigation Bureau (NSIB) has commenced investigations into the circumstances leading to the skidding off of an Embraer 145 aircraft in the fleet of Xejet Airline. XeJet Airline skidded off the runway at the domestic wing of Murtala...
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Nigeria Targets New Visa Application Process
May 12, 2024 No Responses

Nigeria Targets New Visa Application Process

The Federal Government is working to revise the visa application policy in the country in a few weeks to improve accessibility, Minister of Interior, Olubunmi Tunji-Ojo, has said Tunji-Ojo disclosed this at a stakeholders’ consultative meeting regarding Nige...
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NSIB, Nigerian Navy Strengthen Ties To Enhance Maritime Transport Safety
May 11, 2024 No Responses

NSIB, Nigerian Navy Strengthen Ties To Enhance Maritime Transport Safety

Management of the Nigerian Safety Investigation Bureau (NSIB), led by its Director-General/CEO, Captain Alex Badeh Jr., paid a courtesy visit to the leadership of the Nigerian Navy on Friday. A statement issued by NSIB explained that the team was received...
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FG N450b Bonds For Subscription
May 10, 2024 No Responses

FG N450b Bonds For Subscription

The federal government, through the Debt Management Office (DMO), has offered three FGN bonds valued at N150 billion each for subscription at N1,000 per unit. According to a release by the DMO, the first offer is the five-year reopening of...
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NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 
May 10, 2024 No Responses

NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 

The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience the Executive Secretary of NCDMB, Engr. Fe...
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TUC Threatens Nationwide Shutdown
May 9, 2024 No Responses

TUC Threatens Nationwide Shutdown

The Trade Union Congress (TUC) has threatened shut down the Nigerian economy should the Federal Government fail to cancel the controversial cybersecurity levy recently introduced by the Central Bank of Nigeria. The TUC in a statement signed by its President,.....
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Tinubu To Commission Funtua Inland Dry Port
May 8, 2024 No Responses

Tinubu To Commission Funtua Inland Dry Port

President Bola Ahmed Tinubu to commission Funtua Inland Dry Port on Thursday, 9th May, 2024 in Katsina State.The Commissioning Ceremony will feature key dignitaries, government officials and industry stakeholders.Assistant Director, Public Relations Unit of Sh...
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Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex
May 8, 2024 No Responses

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...
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CBN Directs Banks To Charge 0.5% Cybersecurity Levy
May 7, 2024 No Responses

CBN Directs Banks To Charge 0.5% Cybersecurity Levy

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant,...
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Tinubu Implores Automotive Manufactures On Affordable Vehicles For Nigerians
May 5, 2024 No Responses

Tinubu Implores Automotive Manufactures On Affordable Vehicles For Nigerians

President Bola Ahmed Tinubu has urged automotive manufacturers in Nigeria to facilitate the production of affordable vehicles for Nigerians.  Tinubu made the remarks during a meeting with the African Association of Automotive Manufacturers (AAAM) and the ...
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Minister Reiterates FG’S Commitment To Fast- Track Development In Auto Sector
May 3, 2024 No Responses

Minister Reiterates FG’S Commitment To Fast- Track Development In Auto Sector

The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr. Doris NKIRUKA Uzoka-Anite has reiterated the Federal Government’s commitment to boost development in the Nigeria Automotive Industry.The Minister stated this on Friday, 3rd May...
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Seaports Unveil Top Nine Priorities
May 3, 2024 No Responses

Seaports Unveil Top Nine Priorities

In view of the upcoming EU elections in June, the European Sea Ports Organisation (ESPO) — which represents over 98% of the seaports of the European Union — has set its priorities for the next five years with a strong...
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CPPE Implores CBN On Quarterly FX Rate For Customs
May 3, 2024 No Responses

CPPE Implores CBN On Quarterly FX Rate For Customs

The Centre for Promotion of Public Enterprise, (CPPE) has asked the Central Bank of Nigeria (CBN) to adopt a specific quarterly exchange rate for import duty collection as a measure towards addressing the problems associated with frequent changes in customs...
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