Customs, agents disagree over National Single Window operations
By Godwin Oritse & Efe Onodjae There are indications of festering disagreements over the implementation of the National Single Window (NSW), a centralized digital portal launched by the Federal Government in March this year to address delays in import-export processing at the ports. It allows importers and exporters to submit trade documents once, replacing duplicate paperwork […]
CBN: FATF grey list exit lifts naira, as reserves cross $43bn
The financial markets have responded positively to the Financial Action Task Force (FATF) removal of Nigeria from its grey list of countries with money laundering and terrorist financing risks. The naira, foreign reserves and investors’ confidence have soared to new heights.
Capital Market: T+2 settlement cycle begins November 28 —SEC
By Obas Esiedesa, Abuja The Securities and Ex change Commission (SEC) has announced that Nigeria’s capital market will officially transition to a T+2 (trade date plus two days) settlement cycle for equities transactions with effect from Friday, November 28, 2025, in a move designed to align with global best practices and enhance market efficiency. Hitherto, […]
NEM, Casava, Axa Mansard, SCIB, shines at 2025 Almond awards
By Rosemary Iwunze The 2025 Almond Insurance Industry Awards tagged ‘Recharged Edition’ has bestowed NEM Insurance Plc winner in the General Insurance Company of the Year Category. The event was held on Friday 7th November, at the Stable Event Center Lagos amidst pomp and pageantry. AXA Mansard clinched Life Insurance Company of the year. Casava […]
Nigeria’s economy expands 11th consecutive month
By Elizabeth Adegbesan Nigeria’s economy expanded for the eleventh consecutive month as Central Bank of Nigeria, CBN, Purchasing Managers’ Index rises to 55.4 index points in October 2025 from 54 index points recorded in the previous month. According to the CBN report, sectors that led the expansion include industry, service and agricultural sectors. The report stated: “The […]
Stakeholders raise alarm over security gaps in nation’s ports
•Demand return of tally clerks, on-board security men By Victor Ahiuma-Young Organised labour and maritime operators have sounded the alarm over growing security and revenue-leakage risks at the nation’s seaports. They say the absence of registered tally clerks and on-board ship gangway security men has left vital port operations exposed to fraud and illicit activity. They […]
