Senate Panel Steps Up Efforts to Strengthen Financial System
By Al-Kadriyar Abdullahi The Senate Committee on Banking, Insurance and Other Financial Institutions has stepped up engagement with financial regulators and industry stakeholders to strengthen Nigeria’s financial system and promote economic stability. This is as the committee held an expanded stakeholders’ engagement in Lagos at the weekend, bringing together officials from the Central Bank of […]
AfCFTA Seeks Africa-wide Adoption of Nigeria Customs Technology
By Oluwakemi Kindness The African Continental Free Trade Area (AfCFTA) has called for the adoption of Nigeria Customs Service’s digital innovations across Africa to improve customs administration and boost intra-African trade. AfCFTA Secretary-General, Wamkele Mene, made the call during a working visit to the Nigeria Customs Service headquarters in Abuja, according to Abdulahi Maiwada, Customs […]
Subsidy Bill Could Have Hit ₦53tn, Says NRS Chairman
By Oluwakemi Kindness The Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, says Nigeria’s petrol subsidy bill could have risen to about ₦53 trillion if the government had retained the policy. Adedeji also claimed that the naira could have weakened to about ₦3,500 to the dollar if the subsidy regime had continued. He made […]
Customs Intercepts 399 Jojef Rifles in Tin Can Port Shipment
By Oluwakemi Kindness The Nigeria Customs Service (NCS) has uncovered 399 fully assembled Jojef rifles in a seized shipment at the Tin Can Island Port in Lagos. A statement on Sunday says Customs completed the coupling and detailed examination of the shipment on Sunday, August 9, 2026, following the interception of a container carrying concealed […]
NDLEA Seizes 3.2 Tonnes Cannabis, Intercepts Cocaine
By Oluwakemi Kindness The National Drug Law Enforcement Agency (NDLEA) says its operatives have seized more than 3.2 tonnes of cannabis in separate operations across Ondo, Oyo, Edo, Abia and Lagos states. The agency also intercepted cocaine shipments bound for Saudi Arabia and Italy, as well as 309.4 kilograms of cannabis-infused cookies and gummies at […]
NDLEA Arrests Italy-Based Man With 98 Cocaine Wraps
By Oluwakemi Kindness The National Drug Law Enforcement Agency (NDLEA) has arrested a 30-year-old Italy-based businessman for allegedly ingesting 98 wraps of cocaine at the Akanu Ibiam International Airport, Enugu. The suspect, identified as Joseph Cyril, allegedly excreted the wraps weighing 1.510 kilograms after NDLEA operatives arrested him at the airport. The NDLEA Director, Media […]
Senate: Customs Using Public Funds Responsibly on Reforms
By Oluwakemi Kindness The Senate Committee on Customs and Excise says its inspection of Nigeria Customs Service facilities has convinced lawmakers that public funds allocated to the Service are being responsibly used to drive reforms and modernisation. The committee chairman, Senator Isah Jibrin, made this known during a two-day retreat between the committee and the […]
Police Kill Suspected Imo Bandit Kingpin ‘Acid’
By Oluwakemi Kindness The Nigeria Police Force has announced the killing of a suspected bandit kingpin, Ojiogu Elumah Martin, alias “Acid”, in Imo State, saying he was linked to the murder of the Ochia monarch, Eze Paulinus Ekwueme, and five others. The Force Public Relations Officer, CSP Ani Iniedu, disclosed this in a statement issued […]
ITF Targets 400 Products, Import Cuts With Enugu Centre
By Oluwakemi Kindness The Industrial Training Fund (ITF) is set to establish a Digital Fabrication Centre in Enugu State as part of efforts to boost local manufacturing, create jobs and reduce Nigeria’s dependence on imports. The centre will have the capacity to produce more than 400 different products, according to the ITF Director-General, Dr Afiz […]
NLC, ITUC-Africa Mobilise Against Illicit Financial Flows
By Chinedu Echianu The Nigeria Labour Congress (NLC), in collaboration with the International Trade Union Confederation-Africa (ITUC-Africa) and the Solidarity Centre, is set to convene a multi-stakeholder meeting aimed at strengthening trade union action against kleptocracy and illicit financial flows in Nigeria. The meeting, scheduled for August 12 to 15, 2026, will take place in […]