Business Pointer Admin

Naira trades steady amid ongoing FX reforms

By Seun Ibiyemi The naira recorded a largely stable performance on Thursday, trading within a narrow range against the United States dollar across official and parallel foreign exchange markets. At the official window, the local currency hovered around the ₦1,350 mark to the dollar, reflecting relative calm in the Nigerian Foreign Exchange Market. Market participants…

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Photo news: Ministry of Transportation hosts IMAN delegation to explore collaboration on revenue, business ease

The Permanent Secretary, Lagos State Ministry of Transportation, Mr. Olawale Musa, received members of the Importers Association of Nigeria (IMAN) today on a courtesy visit to the Ministry.‎‎Discussions centered on a potential collaboration to streamline revenue management and ease of doing business in Lagos State.‎Present at the meeting were the Ministry’s officials, and IMAN EXCO…

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Seme Customs records N3.48bn revenue amid improved trade, security

By Seun Ibiyemi The Seme Area Command of Nigeria Customs Service has announced a remarkable revenue haul of N3,480,970,924.67 for February 2026, even as the month remains ongoing, signaling significant growth in cross-border trade along the Lagos–Abidjan corridor. Comptroller Wale Adenuga, Customs Area Controller (CAC), disclosed this during a stakeholders’ engagement meeting with cross-border traders,…

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Oyo/Osun Customs strengthens ties with Army, EFCC to boost security, service delivery

By Seun Ibiyemi The Oyo/Osun Area Command of the Nigeria Customs Service has reinforced its inter-agency collaboration with the Nigerian Army and the Economic and Financial Crimes Commission (EFCC) to enhance national security, operational efficiency, and effective service delivery. On Wednesday, Brigadier General Abubakar Saddiq Bugaje, Garrison Commander of the 2 Division of the Nigerian…

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Apapa Customs, Navy strengthen collaboration to boost maritime security and trade

By Seun Ibiyemi The Nigeria Customs Service, Apapa Area Command, has reinforced its partnership with the Nigerian Navy to enhance maritime security and ensure seamless cargo movement along the Apapa port corridor. Comptroller Emmanuel Oshoba, Customs Area Controller (CAC) of Apapa, paid a courtesy visit on Wednesday, to Rear Admiral Abubakar Abdullahi Mustapha, Flag Officer…

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Oyo State debunks claims on retirees’ gratuities, says payments ongoing

The Oyo State Government has refuted what it described as a misleading report circulating from an interest group regarding the payment of retirees’ gratuities between 2015 and 2018. The Commissioner for Establishments and Training, Prof. Salihu Adelabu, said the report misrepresented his discussion with the group led by Comrade Ojekunle Tope. According to Adelabu, he…

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Amid food security concerns, Oyo State moves to tackle rising day-old chick prices

By Adeyemi David The Oyo State Government has convened a high-level stakeholders’ meeting to address the persistent increase in the prices of day-old chicks, a development threatening the profitability of poultry farmers and raising food security concerns across the state.Oyo/Osun Customs strengthens inter-agency ties with DSS, NDLEA, NAFDAC The Commissioner for Agriculture and Rural Development,…

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