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Customs digitises airport declaration process to end delays 

Customs digitises airport declaration process to end delays 

By Godwin Oritse The Nigeria Customs Service (NCS),  yesterday launched the Simplified Customs Advanced Declaration System (SCADS) at the International Wing of the Nnamdi Azikiwe International Airport, Abuja, in a move aimed at improving passenger clearance, compliance and  operations. The platform, designed to simplify baggage declaration for inbound international passengers, is expected to reduce manual bottlenecks, […]

FG mandates insurance coverage for food delivery, transport, logistics workers

FG mandates insurance coverage for food delivery, transport, logistics workers

By Johnbosco Agbakwuru ABUJA – THE Federal Government, through the National Health Insurance Authority, NHIA, has directed all food delivery, app-based transport and logistics platforms operating in Nigeria to ensure independent contractors and self-employed persons on their platforms have access to health insurance coverage. The directive, issued in line with the September 2025 presidential mandate […]

Capital market: T+1 settlement cycle takes off June 1 — SEC

Capital market: T+1 settlement cycle takes off June 1 — SEC

By Peter Egwuatu The Securities and Exchange Commission, SEC has announced the transition to a T+1 settlement cycle for equities and commodities transactions with effect from Monday June 1, 2926.   The Commission in a notice, outlined  a comprehensive framework that all capital market operators and relevant stakeholders are encouraged to adopt in preparation for this significant […]

Photos: Femi Otedola, First HoldCo executives visits Dangote Refinery

Photos: Femi Otedola, First HoldCo executives visits Dangote Refinery

The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on Wednesday received the Chairman of First HoldCo Plc, Femi Otedola, alongside senior executives of the group at the Dangote Petroleum Refinery in Lagos. The visit, disclosed in a statement shared via the company’s verified X handle, underscored growing collaboration between key players across […]

Nigeria’s oil exploration declines 41.7% as rig count falls — OPEC

Nigeria’s oil exploration declines 41.7% as rig count falls — OPEC

By Udeme Akpan Nigeria’s oil exploration and drilling activities declined by 41.7 per cent in April 2026, following reduced upstream operations and investment activities. According to the May 2026 Monthly Oil Market Report, MOMR, of the Organization of the Petroleum Exporting Countries, Nigeria’s rig count – a major indicator of upstream oil and gas activities – […]