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Yearly Archives: 2023

Customs Seeks DSS Partnership Against Smuggling, Arms Proliferation At Nation’s Border

Customs Seeks DSS Partnership Against Smuggling, Arms Proliferation At Nation’s Border

The Nigeria Customs Service (NCS), has sought the collaboration of the Department of State Service (DSS), in the fight against smuggling and proliferation of arms in the country. The partnership was sought when the Ag. Comptroller-General of the Service, Bashir ...

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NGE Denounces Killing Of Journalist, Students’ Abduction In Zamfara

NGE Denounces Killing Of Journalist, Students’ Abduction In Zamfara

Nigeria Guild of Editors (NGE) has expressed worry over the prevailing lawlessness and general state of insecurity in the country, especially in the South-East. It however commended governors of the South-East geopolitical zone for the ongoing initiatives to collectively address ...

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NITDA Cautions Nigerians On Social Media Giveaways

NITDA Cautions Nigerians On Social Media Giveaways

The National Information Technology Development Agency (NITDA) has cautioned Nigerians to be wary of any giveaways on social media, especially, cryptocurrency giveaways. NITDA, in an advisory released on Monday said, this scam which is being perpetrated mainly on the short ...

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NGX RegCo Unveils Code For Licensed Trading Firms’ Approved Persons

NGX RegCo Unveils Code For Licensed Trading Firms’ Approved Persons

Nigerian Exchange (NGX) Regulation Limited has announced the release of the ‘Code of Conduct for Approved Persons of Trading License Holders’ of NGX, in keeping with its commitment to promoting high professional standards and ethical conduct within the capital market. ...

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Cabotage Act: Reps To Probe $100bn Loss From Poor Implementation

Cabotage Act: Reps To Probe $100bn Loss From Poor Implementation

The House of Representatives has resolved to investigate the low implementation level of the Coastal and Inland Shipping (Cabotage) Act, 2003, leading to the loss of $100 billion annually. The Act restricts the use of foreign vessels in domestic coastal ...

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Stock Buyers Cautious On FX Concerns, Lose N126bn

Stock Buyers Cautious On FX Concerns, Lose N126bn

Investors at the Nigerian stock market continued to tread cautiously by taking further sell positions on Tuesday as weaker naira pains. The sell-side pressure seen at the Nigerian stock market fuelled the record decrease by 0.34 per cent or N126 ...

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Low Purchasing Power: Manufacturers Lament N272bn Unsold Goods In Q1

Low Purchasing Power: Manufacturers Lament N272bn Unsold Goods In Q1

Consumers’ low purchasing power occasioned by the surging inflation rate in Nigeria is making many products unaffordable as manufacturers’ inventory of unsold finished goods rose by 45.4 per cent in one year, according to the Manufacturers Association of Nigeria (MAN). ...

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Niger Seeks Partnership With GIZ To Create Free Trade Zone

Niger Seeks Partnership With GIZ To Create Free Trade Zone

Niger State governor Mohammed Umaru Bago has sought a collaborative effort between the State Government and the German Agency for International Cooperation (GIZ) for the creation of a Free Trade Zone to be located in Tafa, Bida and Minna. Governor ...

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Customs Arrests 2 For Smuggling N6.8m Live Parrots, Hawk

Customs Arrests 2 For Smuggling N6.8m Live Parrots, Hawk

The Seme border command of the Nigeria Customs Service (NCS), on Monday, arrested two persons for allegedly smuggling 63 live African parrots, hawk from Kaduna state, Nigeria to neighbouring Benin Republic. In a press statement by the public relations officer, ...

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MTNN Gets EDGE Move Certification For Workplace Equality

MTNN Gets EDGE Move Certification For Workplace Equality

MTN Nigeria has been awarded the Economic Dividends for Gender Equality (EDGE) MOVE certification, for its commitment to diversity, equity, and inclusion, as well as its leadership in fostering a supportive environment for working parents. Being the first technology telecommunications ...

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