Ramadan: Customs Boss Urges Personnel to Elevate Community Spirit

Ramadan: Customs Boss Urges Personnel to Elevate Community Spirit

Oluwakemi Kindness The Comptroller-General of Customs (CGC), Adewale Adeniyi, has called on officers and stakeholders to embrace the spirit of service, discipline, and charity as essential values during the holy month of Ramadan and beyond. He made this known during the Iftar by Trade Modernisation Project (TMP) Limited held at the Nigeria Customs Service (NCS) Headquarters in Maitama, Abuja. According to a statement by Customs spokesperson Abdullahi Maiwada, CGC Adeniyi […]

March 24, 2025 11 4

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Economy

FAAC; Federal, State and LGCs Shares N1.678trn

Oluwakemi Kindness The Federal Government, States and the Local Government Councils have shared a total sum of N1.678 trillion as February 2025 Federation Account Revenue. The revenue was shared at the March 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja, chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. The meeting was attended by the Accountant General of the Federation, Shamseldeen Ogunjimi. The […]

March 24, 2025 8 7 4

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Economy

Pensioners; 776 NOKs Receives ₦1.6bn Says PTAD

Oluwakemi Kindness The Pension Transitional Arrangement Directorate (PTAD) has disbursed One Billion, Six Hundred and Forty-Four Million, Three Hundred and Fifty-Eight Thousand, Two Hundred and Ninety-Nine Naira, Seventy Kobo to Next of Kin of deceased pensioners. The over one point six billion naira was paid to 776 verified and eligible Next of Kin (NOK) of deceased pensioners from the Civil Service, Police, Parastatals, Customs, Immigration, and Prisons Pension Departments. […]

March 19, 2025 11 14 6

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Economy

AGF Pledges To Leverage Past Expertise For Growth

Oluwakemi Kindness The Accountant-General of the Federation, Shamseldeen Ogunjimi says he would collaborate and tap from the wealth of experiences of all Former Accountants -General of the Federation to bring the nation treasury to a greater height. Ogunjimi disclosed this while receiving two Former Accountants-General of the Federation, Dr. John Naiyeju and Dr. Ibrahim Dankwambo in his office in Abuja. According to a statement by the Director of Press, Bawa […]

March 19, 2025 9 22 7

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Economy

PenCom Eases Benefit Payments Process For Retirees

Oluwakemi Kindness The National Pension Commission (PenCom) says effective from 1st June 2025, Pension Fund Administrators (PFAs) would no longer be required to seek approval or obtain a “No Objection” from the Commission before processing and disbursing benefits, including Programmed Withdrawal, Retiree Life Annuity, and Temporary Loss of Employment benefits, among others. PenCom, however, noted that PFAs must continue to submit requests for approval to the Commission regarding depleted RSAs […]

March 14, 2025 16 10 6

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Economy

Customs Intercepts Undeclared Foreign Currency in Kano

Oluwakemi Kindness The Nigeria Customs Service (NCS) says it has intercepted a total of One Million, One Hundred and Fifty-Four Thousand, Nine Hundred U.S Dollars and One Hundred and Thirty-Five Thousand, Nine Hundred Saudi Riyals undeclared foreign currency at the Aminu Kano International Airport (MAKIA). It said the seizure was made recently during a routine baggage check on an inbound passenger, Hauwa Ibrahim Abdullahi, who arrived on Saudi Airline […]

March 14, 2025 12 3 4

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Economy

NAICOM Hands CHI Life Assurance Operational License

Oluwakemi Kindness The National Insurance Commission (NAICOM) has taken another step to strengthen the insurance industry in Nigeria by issuing a license to CHI Life Assurance Limited. Commissioner for Insurance, Olusegun Ayo Omosehin, who warmly welcomed the CHI Life Assurance executives, urged them to make a positive impact in the industry. Speaking in Abuja at the Commission's Board Room, he assured them of NAICOM's commitment to creating an enabling environment […]

March 12, 2025 11 10 3

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Economy

Yobe State Government Seeks PenCom Support towards Pension Reform

Oluwakemi Kindness Yobe State Government has expressed its readiness to collaborate with the National Pension Commission (PenCom) in implementing the Contributory Pension Scheme (CPS) in the state. The Governor, Mai Mala Buni, disclosed this in Abuja at the weekend during a meeting with the Director General of PenCom, Omolola Oloworaran in Abuja, where discussions focused on the adoption and implementation of the CPS in Yobe State. Speaking during the meeting, […]

March 10, 2025 19 42 4

Economy

OAGF Denies Alleged Shortfall In January, February Salary Payment

Oluwakemi Kindness The Office of the Accountant General of the Federation (OAGF) says there are no shortfalls in salaries paid to Federal Workers in January and February 2025. The OAGF on Friday said the salaries that workers received in January and February 2025 were their normal salaries after the various arrears that were paid from October to December 2024 were exhausted. In a statement in Abuja by the Director of […]

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