By Seun Ibiyemi The Federal Government of Nigeria is taking steps to make foreign-currency savings and investments more accessible to ordinary Nigerians, including those living in the diaspora, in a bid to deepen financial inclusion and strengthen domestic capital markets. The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, recently…
By Seun Ibiyemi President Bola Ahmed Tinubu has assured state governors of his administration’s plan to establish state police, describing it as a crucial step toward curbing insecurity and ensuring the safety of Nigerians. Tinubu made the announcement on Monday night during an interfaith breaking of the fast ceremony, attended by governors from across the…
By Seun Ibiyemi The Nigeria Customs Service (NCS) on Monday commenced the sensitisation of clearing agents on the full automation of its Licences and Permits application processes, in a move aimed at enhancing efficiency, transparency, and ease of doing business. Speaking during the sensitisation programme in Lagos, the Deputy Comptroller-General of Customs (DCG) Tariff &…
By Seun Ibiyemi In the often turbulent waters of Nigeria’s maritime sector, few names have commanded as much attention and respect as Dr. Dayo Mobereola, Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), who assumed office on June 15, 2023. Since his appointment, Mobereola has consistently demonstrated a unique blend of vision, diligence,…
By Seun Ibiyemi The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola is seeking enhanced cooperation between the Agency and the Nigerian Air Force (NAF) with the aim of strengthening tactical air support within the Deep Blue project. This was disclosed in a statement made by Deputy Director/Head, Public…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that Nigeria’s strong rebound in capital importation may prove fragile if structural weaknesses in the economy are not urgently addressed. In a statement issued on Sunday by Chief Executive Officer of the CPPE, Dr Muda Yusuf, read that total capital inflows into…
By Seun Ibiyemi The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has led a high-powered management delegation to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State, for talks aimed at strengthening collaboration between both energy giants. The visit, which featured a guided tour of the facility, culminated in a…
By Seun Ibiyemi The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN)Executive order: Tinubu direct oil, gas revenue remittance to federation account has described the Federal Government’s Executive Order No. 9 as a reform-driven measure that will strengthen accountability and enhance investor confidence in Nigeria’s energy sector. National President of PETROAN, Dr Billy Gillis-Harry,…
By Seun Ibiyemi The Comptroller-General of Customs, Adewale Bashir Adeniyi, on Friday handed over 1,650 jerrycans of Premium Motor Spirit (PMS) valued at N40.7 million to the Nigerian Midstream and Downstream Petroleum Regulatory Authority for investigations. Speaking at the handover ceremony in Lagos, Adeniyi said the seized contraband was intercepted at various locations, including Badagry,…
By Seun Ibiyemi The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has endorsed the recent Executive Order signed by Bola Ahmed Tinubu directing that oilExecutive order: Tinubu direct oil, gas revenue remittance to federation account and gas revenues be paid directly into the Federation Account. The Commission described the directive as a landmark decision that…
