NEPZA COMMENDS ZEBERCED’S ACCELERATION OF $300M ABUJA FREE TRADE ZONE PROJECT
The Nigeria Export Processing Zones Authority (NEPZA) has commended Zeberced, the management company of the Abuja Industrial Park, for accelerating the construction of the $300 million Free Trade Zone (FTZ) project in the Federal Capital Territory.
PTAD DISBURSES ₦3.82 BILLION IN SETTLEMENT OF BACK-END COMPUTATION PENSION ARREARS TO 30,356 DBS PENSIONERS
The Pension Transitional Arrangement Directorate, PTAD, has disbursed a total of ₦3.82 billion as accrued pension arrears to 30,356 Defined Benefit Scheme, DBS, pensioners across the country.
SEC DIRECTS CAPITAL MARKET OPERATORS TO FREEZE ASSETS OF 9 TERRORISM FINANCIERS
The Securities and Exchange Commission, SEC, has directed all capital market operators to immediately freeze funds, assets and other economic resources belonging to 9 individuals and entities designated as terrorism financiers.
NAICOM CONFIRMS SEVEN MORE INSURANCE COMPANIES COMPLIANT WITH MINIMUM CAPITAL REQUIREMENTS
The National Insurance Commission (NAICOM) has confirmed seven additional insurance companies as compliant with the minimum capital requirements under the Nigeria Insurance Industry Reform Act (NIIRA) 2025 and applicable insurance laws and guidelines.
TEGBE CALLS FOR SWIFT IMPLEMENTATION OF NIGERIA-CHINA AQUATIC PRODUCTS PROTOCOL
The Honourable Minister of Power, Joseph Tegbe, has called for the immediate implementation of the Nigeria-China Aquatic Products Protocol. He said the agreement should be converted quickly into higher exports, foreign exchange earnings, and more opportunities for Nigerian businesses.
NIGERIA, UNITED STATES REINFORCE STRATEGIC DEFENCE AND SECURITY PARTNERSHIP
The Minister of Defence, General Christopher Gwabin Musa, Rtd, OFR, has concluded high-level bilateral talks with United States authorities in Washington D.C. The meetings were aimed at deepening military-to-military relations and strengthening counter-terrorism cooperation between both countries.
CUSTOMS DISMISSES ALLEGATIONS OF SMUGGLING, REVENUE LEAKAGE, SUCCESSION MANIPULATION
The Nigeria Customs Service has dismissed allegations of increased smuggling, revenue leakage, recruitment impropriety and manipulation of succession within the service, describing them as a misrepresentation of its operations and administrative processes.
INSECURITY THREATENS CUSTOMS OPERATIONS, REVENUE GENERATION — NCS
The Nigeria Customs Service (NCS) has stated that the prevailing insecurity in parts of the country is negatively affecting its operations and revenue generation.
SMEDAN ANNOUNCES BRYNE PROJECT TO EMPOWER OVER 100,000 YOUNG NIGERIAN ENTREPRENEURS ANNUALLY
The Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, has announced a new initiative called the Building Resilient Young Nigerian Entrepreneurs Project, BRYNE. The project is designed to expand entrepreneurship support for young Nigerians across the country.
FIVE TRANSMISSION TOWERS COLLAPSE ALONG IKOT ABASI – EKET 132KV LINE FOLLOWING SEVERE VANDALISM
The Transmission Company of Nigeria, TCN, has announced the collapse of five transmission towers along the Ikot Abasi – Eket 132kV Double Circuit Transmission Line. The company says the incident was caused by severe acts of vandalism.