Trade facilitation: Customs unveils digital baggage import declaration
The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]
NIWA partners Parts Central to end indiscriminate dumping on waterways
By Providence Ayanfeoluwa The National Inland Waterways Authority (NIWA), in collaboration with Parts Central Limited, has unveiled an environmental initiative to tackle indiscriminate dumping and pollution on Nigeria’s inland waterways. The programme is designed to identify sources of pollution, deploy structured waste-removal and recycling systems, improve navigability, conserve aquatic biodiversity and create jobs for riverine […]
New regulatory environment kicks off at ports
The Nigeria Ports Economic Regulatory Agency (NPERA) has formally commenced operations, ushering in a new era designed to make Nigeria’s ports more transparent, competitive, predictable and efficient. The commencement follows President Bola Ahmed Tinubu’s assent to the Nigeria Ports Economic Regulatory Agency Bill, 2026, which established NPERA as the statutory authority responsible for the economic […]
NAICOM issues licences to seven additional verified companies
By Rosemary Iwunze The National Insurance Commission, NAICOM, yesterday, issued new licences to the seven additional insurance companies that have been confirmed and verified as compliant with the new minimum capital requirement under the Nigerian Insurance Industry Reform Agenda (NIIRA 2025). According to NAICOM, the development marks another significant milestone in strengthening confidence, enhancing financial […]
Apapa Customs boosts revenue drive with N28bn daily collection
By Godwin Oritse The Apapa Area One Command of the Nigeria Customs Service (NCS) has generated N28.1 billion last Tuesday, the highest single day revenue collection in the history of the Command. The latest feat surpassed the Command’s previous record of N20.1 billion, recorded in September 2025, shortly after the assumption of office of the […]
FG to unveil power sector scorecards, may sanction underperforming DisCos, GenCos
The Federal Government (FG) is set to introduce performance scorecards for operators across Nigeria’s electricity value chain, with underperforming distribution and generation companies (DisCos and GenCos) to face sanctions while high-performing operators will be rewarded. Meanwhile, Nigerians spent an estimated N16.5 trillion on self-generated electricity in 2023, compared with about N1 trillion in revenue generated […]
