The Nigeria Customs Service (NCS) says it is deepening its commitment to global best practices in revenue generation, trade facilitation, and border security through its ongoing Trade Modernisation Project (TMP), a major reform drive aimed at transforming how goods are processed across the country’s entry points. The Comptroller-General of Customs, Adewale Adeniyi, made this known …
Ecobank Transnational Incorporated (ETI) has announced plans to raise fresh funds from the international debt capital market through the issuance of Tier 2 qualifying Nature Notes. The bank disclosed this in a statement released on Thursday and signed by its Group Executive Director and Chief Financial Officer, Ayo Adepoju. According to the statement, the funds …
First HoldCo Plc reported a strong profit in the first quarter of 2026, even as it faced heavy pressure from foreign exchange losses, rising costs, and a large cash outflow. The group’s profit rose to ₦267.8 billion, but its operations were weighed down by a ₦1.98 trillion net cash outflow, weaker FX gains, and higher …
The National Pension Commission (PenCom) has said that only seven states and the Federal Capital Territory (FCT) are fully implementing pension reform laws, leaving millions of civil servants uncertain about their retirement future. The Director-General of PenCom, Omolola Oloworaran, reportedly disclosed this on Thursday in Abuja during a consultative session with heads of service from …
Access Holdings Plc has explained why it failed to pay dividends to shareholders for the 2025 financial year despite posting over ₦1 trillion in profit before tax for the first time in its history. In a statement issued on Thursday, the company said the non-payment of dividends was caused “solely by outstanding regulatory compliance requirements” …
Senate Minority Whip, Tony Nwoye, has defected from the African Democratic Congress (ADC), to the Nigerian Democratic Congress (NDC). The defection was announced during Wednesday’s plenary by Senate President Godswill Akpabio, who directed the Clerk of the Senate to update the chamber’s official records. Nwoye Cites Internal Crisis in ADC In a letter read on …
After weeks of intense controversy, media reports, and repeated denials surrounding his diplomatic posting, former Minister of Aviation, Femi Fani-Kayode, popularly known as FFK, has finally confirmed that President Bola Ahmed Tinubu approved his redeployment as Nigeria’s Ambassador-Designate to South Africa after an earlier posting to Germany was changed. In a detailed statement, Fani-Kayode claimed …
Former President Goodluck Jonathan has indicated interest in the 2027 presidential election, saying he would consult widely before taking a final decision. Jonathan spoke on Thursday in Abuja after a group of supporters visited his office to urge him to contest the next presidential election. Addressing the supporters, the former president stressed the need for …
National Chairman of the African Democratic Congress (ADC), Senator David Mark, has assured party members that the ADC would field candidates capable of winning elections despite the ongoing leadership dispute within the party. Mark gave the assurance on Wednesday while addressing members of the Forum of the African Democratic Congress at the party’s national secretariat …
The All Progressives Congress (APC) has waived the screening requirement for President Bola Tinubu ahead of the party’s 2027 presidential primaries, declaring him duly cleared in line with its constitution and internal procedures. The decision was reached during the 188th meeting of the party’s National Working Committee (NWC), held on Wednesday at the APC National …
