By Admin The National Single Window (NSW) project which commenced on March 27th, 2026 has processed over ₦12 billion for the Federal Government in five months from the first phase of its implementation. Minister of Industry Trade and Investment Dr Olajumoke Oduwole made this disclosure in Abuja on Wednesday. Oduwole said: “The NSW platform has…
The Nigeria Customs Service (NCS) says it generated N1.38 trillion in July and August while intercepting smuggled goods with a combined Duty Paid Value exceeding N61.3 billion. The National Public Relations Officer of the NCS, DCC Abdullahi Maiwada, disclosed this on in Abuja at the Joint Security News Briefing by security and law enforcement agencies….
By Admin A risk bearing company, SanlamAllianz Nigeria, has said contrary to the belief that insurance all about mitigating what could go wrong about life, the industry is actually an enabler. Its Group Head, Strategy, Marketing and Customer Relations, Chris Ekwonwa, who spoke in Lagos during the launch of Proud Moments 2.0 campaign, said it…
By Admin The government of Canada has pledged to deepen and diversify economic ties with Nigeria, adding that a lot has been about the extraordinary global growth of African music and the economic opportunity growing around it. Speaking at The Headies: Road to Toronto reception with the theme: Africa to the World, which took place…
Foreign reserves have hit $53.1 billion as capital inflows from stronger crude oil earnings continue to accelerate accretion. Data from the Central Bank of Nigeria (CBN) website showed that the reserves closed at $53.1 billion on August 24, the highest level in nearly 18 years. The current reserves position is far higher than CBN’s projected…
By Admin The June 2026 inflation report points to a broad stabilisation of headline inflation but also reveals a renewed escalation of food prices. While macroeconomic stability is gradually being consolidated, structural inflationary pressures within the real economy remain pronounced, the Centre for the Promotion of Private Enterprises (CPPE) has said. Headline inflation eased marginally…
The National Bureau of Statistics (NBS) said Nigeria’s headline inflation dropped marginally to 15.91 per cent in the month of June. Its June Consumer Price Index Report (CPI) stressed that the figure was a 0.2 pe rcent reduction from the 15.93 per cent recorded in the preceding month. It went to state that the June’s…
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called for increased vigilance in the operation and regulation of the Nigeria financial system to protect it against terrorism financing and illicit financial flows. In a statement, ABCON condemned any form of terrorism financing in the country, and reiterated its support for all legitimate…
The Nigerian government has warned that the weak revenue generation and institutional capacity at the sub-national level pose a major threat to development outcomes, especially the achievement of the Sustainable Development Goals (SDGs). The warning was issued at the opening of a High-Level Workshop on Strengthening Fiscal Capacity at the Sub-National Level in Nigeria, held…
