Customs generates N242bn revenue at Onne Port in 2022
The Nigeria Customs Service has said it generated N242,090,629,309.60k revenue in 2022.The Area Controller Nigeria Customs Service Area ll Command Onne Port,…
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A’ibom automobile assembling plant’ll boost economy – Govt
The Akwa Ibom State Government has promised that the automobile assembly and production facility in the Itu Local Government Area’s Ikot…
Ondo court orders CBN to freeze Polaris bank account
The Central Bank of Nigeria has been directed by an Ondo High Court to freeze the account of Polaris Bank over a…
Ondo NSCDC recovers 163,000 litres of adulterated petroleum products
The Ondo State Command of the Nigeria Security and Civil Defence Corps, said a total of 163,000 litres of adulterated petroleum products…
Wakanow gets new chief executive officer
Mrs. Adenike Macaulay has been appointed chief executive officer of Wakanow Nigeria by the board of directors and management of the…
Emefiele: Our stance won’t be compromised, vows SSS
The State Security Service has vowed not to compromise its stance on enforcing good economic policies in support of the President, Major…
Oil production hit 1.235m barrels in Dec 2022 – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission stated on Sunday that crude oil production in Nigeria increased to 1.235 million barrels per…
CBN’s cash withdrawal limit kicks off today
The Central Bank of Nigeria’s policy restricting daily cash withdrawal is expected to start today, Monday, January 9. Under this new…
Agents protest as customs hike imported vehicle duty
Following the Nigeria Customs Service’s decision to increase duty on imported automobiles by 10%, freight forwarders have predicted a congestion at the…
Rising debt profile not sustainable, says OPS
The Lagos Chamber of Industry as well as the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture have stated…
Shell to pay first tax in UK since 2017
Following significant global gains last year, Shell has announced that it will pay taxes in the UK for the first time since…
CBN halts ‘over-the-counter’ withdrawal of new notes
The Central Bank of Nigeria has directed deposit money banks not to pay customers who make over-the-counter withdrawals of fresh naira…