Nigeria, Benin customs inaugurate platform to boost regional trade

By Raji Rasak The Nigeria Customs Service (NCS) and the Customs Administration of Benin Republic have inaugurated an Interconnected System for Management of Goods in Transit (SIGMAT) platform, aimed at boosting regional trade. Mr Adewale Adeniyi, Comptroller General of Customs (CGC) and the Director General of Benin Customs Administration, MmeContinue Reading

Customs moves to ease import of renewable energy technologies

By Aisha Cole The Nigeria Customs Service (NCS) has expressed commitment to facilitating the importation of renewable energy technologies into the country. The Comptroller-General of Customs (CGC), Bashir Adeniyi, made the pledge at the NCS Trade Facilitation Consultative Forum held in Lagos. The forum had the theme “Trade Facilitation MeasuresContinue Reading

Lagos urges support for local production

By Aderonke Ojediran The Lagos State Government has urged Nigerians to embrace locally made products to boost Small and Medium Enterprises (SMEs) and strengthen the national economy.   Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folasade Ambrose, made the appeal on Monday during the 16th National CouncilContinue Reading

Dangote pledges petrol price stability

By Yunus Yusuf Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to maintaining stable petrol prices, even as global crude oil prices continue to fluctuate. This contained in a statement issued on Monday in Lagos by the Group Chief Branding and Communications Officer of the company, Mr Anthony Chiejina.Continue Reading

CAC, NIBSS inaugurate platform for effective service delivery

By Lucy Ogalue The Corporate Affairs Commission (CAC) is partnering with the Nigeria Inter-Bank Settlement System (NIBSS) on an Application Programming Interface (API) integration platform to enhance prompt and efficient service delivery. The Registrar-General of the CAC, Mr Hussaini Magaji, said this at the inauguration of the platform on MondayContinue Reading

FG committed to harnessing AfCFTA potential for sustainable economic growth

By Vivian Emoni The Federal Government has reiterated its commitment to fully harness potential of the African Continental Free Trade Area (AfCFTA) agreement for inclusive, sustainable economic growth and regional integration. Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, disclosed this in Abuja, at a Technical Meeting of Nigeria’sContinue Reading

Insurers unveil campaign on Third-Party Motor Insurance compliance

        By Taiye Olayemi       Nigerian insurance companies on Monday initiated a comprehensive three-month public awareness campaign aimed at increasing compliance with mandatory third-party motor insurance regulations.   Mrs Ebelechukwu Nwachukwu, Chairman of the Sub-committee on Publicity, Insurance Industry Consultative Committee (IICC), made this knownContinue Reading