ICRC HAILS $3.1BN AFCFTA CUSTOMS DEAL, SAYS NIGERIAN PPP MODEL NOW TEMPLATE FOR AFRICA
The Infrastructure Concession Regulatory Commission (ICRC) has said Nigeria’s Public-Private Partnership (PPP) framework has become a model for Africa’s trade future following the adoption of the country’s Customs Modernisation Project for a $3.1 billion African Continental Free Trade Area (AfCFTA) customs modernisation initiative.
AFCFTA SECRETARY-GENERAL URGES AFRICA TO ADOPT NIGERIA’S CUSTOMS DIGITAL INNOVATIONS
The Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has commended the Nigeria Customs Service (NCS) for its digital reforms, urging African countries to adopt the Service’s indigenous technology to modernise customs administration across the continent.
ITF, ENUGU GOVT TO ESTABLISH DIGITAL FABRICATION CENTRE TO BOOST INNOVATION, LOCAL MANUFACTURING
Enugu State Governor, Peter Mbah, has approved the allocation of land in the state capital for the establishment of a Digital Fabrication Centre by the Industrial Training Fund (ITF).
SEC TO HOLD ABUJA INVESTOR CLINIC ON UNCLAIMED CAPITAL MARKET ASSETS
The Securities and Exchange Commission (SEC) will on Thursday, August 6, 2026, hold an investor clinic in Abuja to educate investors and beneficiaries on how to recover unclaimed funds and inherited investments in the Nigerian capital market.
NAICOM BEGINS ISSUING NEW LICENCES TO RECAPITALISED INSURANCE COMPANIES
NAICOM BEGINS ISSUING NEW LICENCES TO RECAPITALISED INSURANCE COMPANIES
NIGERIA’S FOREIGN RESERVES HIT 17-YEAR HIGH OF $52.5BN, SAYS CBN
Nigeria’s foreign reserves have risen above $52.5 billion, surpassing the Central Bank of Nigeria’s annual target and reaching their highest level in 17 years, the apex bank has announced.
BAGUDU SEEKS STRONGER PARTNERSHIPS TO ENSURE ECONOMIC REFORMS BENEFIT VULNERABLE NIGERIANS
The Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has called for stronger collaboration between the Federal Government, humanitarian organisations and development partners to ensure that Nigeria’s ongoing economic reforms improve the livelihoods of vulnerable and underserved citizens.
NAICOM COMPLETES INSURANCE RECAPITALISATION EXERCISE, 43 FIRMS MEET NEW CAPITAL REQUIREMENTS
The National Insurance Commission (NAICOM) has announced the successful completion of the 12-month insurance sector recapitalisation exercise introduced under the Nigerian Insurance Industry Reform Act (NIIRA) 2025.
NCS ISSUES GUIDELINES ON FISCAL INCENTIVES FOR GAS-POWERED, ELECTRIC VEHICLES
The Nigeria Customs Service (NCS) has announced additional guidelines for the implementation of fiscal incentives under the Federal Government’s Presidential Gas for Growth Initiative, aimed at promoting cleaner energy alternatives and sustainable transportation.
FEDERAL MINISTRY OF FINANCE CALLS FOR STRONGER PARTNERSHIPS TO DRIVE ECONOMIC TRANSFORMATION
The Permanent Secretary, Special Duties at the Federal Ministry of Finance, Mr. Mohammed Sanusi Danjuma, has called for deeper collaboration between government and professional institutions. He said this is key as Nigeria works to build a more resilient, competitive, and sustainable economy.