Customs releases impounded trucks after CGC’s intervention at bonded terminal
By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]
NRS launches Rev360 to ease tax compliance, identify evaders
By Emma Ujah, Abuja Bureau Chief The Nigeria Revenue Service (NRS) has unveiled Rev360, its next-generation digital tax administration platform designed to deliver a more integrated, intelligent, and taxpayer-centric tax administration experience, which will also identify tax evaders. Speaking at the event in Abuja, yesterday, Executive Chairman of the Nigeria Revenue Service, Dr. Zacch Adedeji, described […]
AIICO declares N4.4bn dividend, appouints non-executive directors
By Rosemary Iwunze Shareholders of AIICO Insurance Plc has given the company approval to pay dividend of 12 kobo per share, amounting to N4.4 billion. At the company’s annual general meeting in Lagos, the company also appointed three professionals to the Board as Non-Executive Directors: which are Tunde Mabawonku, as a Non-Executive Director, bringing over two […]
Workers under 30yrs dominate pension scheme
•12% of 92m workers in the scheme By Roseamry Iwunze More young workers under the age of 30 years signed into the Contributory Pension Scheme, CPS, in the fourth quarter of 2025, Q4’25, as 44,837 contributors representing 39.03 per cent joined the scheme. This is as total Retirement Savings Accounts, RSAs, rose to 11,042,903 in Q4’25 […]
NERC gives DisCos fresh technical, commercial, reporting obligations
By Martha Godwin Electricity Distribution Companies (DisCos) in Nigeria have been mandated to implement fresh technical, commercial and reporting obligations following the introduction of the Nigerian Electricity Regulatory Commission’s (NERC) Net Billing Regulations 2026. The regulation is designed to deepen renewable energy integration and allow electricity consumers with solar power systems and other renewable energy installations […]
FCCPC, NTDA align on service standards to drive tourism growth
By Progress Godfrey The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Tourism Development Authority (NTDA) have pledged to work together to protect consumers, raise service standards, and boost sustainable tourism in Nigeria. This commitment was reinforced when NTDA Director General, Dr Ola Awakan, paid a courtesy visit to FCCPC Executive Vice Chairman […]
