FCCPC FLAGS POSSIBLE CEMENT PRICE MANIPULATION IN NIGERIA
ABUJA – The Federal Competition and Consumer Protection Commission, FCCPC, has flagged possible manipulation of cement prices in the Nigerian market following a three-month industry-wide investigation.
NSDC MOBILISES $1 BILLION INVESTMENT PIPELINE TO ACCELERATE NIGERIA’S SUGAR SELF-SUFFICIENCY DRIVE
The National Sugar Development Council, NSDC, says it is repositioning Nigeria’s sugar sector as a major industrial investment opportunity.
FGN POWER COMPANY SUPPORTS VISIOLA FOUNDATION’S STEM CAMP, PROMOTES NEXT GENERATION OF ENERGY INNOVATORS
FGN Power Company (FGNPC) has reaffirmed its commitment to strengthening technical capacity and promoting innovation in Nigeria’s power sector through its support for the Visiola Foundation’s 2026 STEM Summer Camp in Abuja.
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.
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.
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.
SEC FIXES 5PM T+1 SETTLEMENT DEADLINE FOR EQUITIES, COMMODITIES
The Securities and Exchange Commission (SEC) has fixed 5:00 p.m. on the first business day after a transaction, known as T+1, as the settlement deadline for equities and commodities traded through the Central Securities Clearing System (CSCS).