Banks’ borrowing drops 89% to N126bn
Banks’ borrowing from the Central Bank of Nigeria’s (CBN) Standing Lending Facility, SLF, declined by 89 percent to N126 billion in August 2026 from N1.19 trillion in July 2026, reflecting higher liquidity in the banking system. The CBN has two short term lending windows for banks: the Standing Lending Facility (SLF) and Repo […]
Succession tussle hits Customs again
About two months to the retirement of Bernard Shew Nwadialo, the Comptroller General of the Nigeria Customs Service (NCS), the tussle for who replaces him has again sprang up with top officials of service lobbying top government officials for the position.
Task Force on Customs reforms warn officers on fraud
THE Task Force on Customs Reforms instituted by the Federal Government a few weeks ago has warned officers from involving themselves in fraudulent acts that may cost them their jobs if caught.
ANLCA elections: ASECO writes Customs for agents’ authentication
Determined to enthrone true demo cratic principles in the conduct of its affairs, the body entrusted
by the Association of Nigerian Licensed Customs Agents (ANLCA) with the conduct of its elections, Association Electoral Commission (ASECO), has written to the various area commands of the Nigeria Customs Service (NCS), requesting that the respective Controllers furnish it with “the authentic list of existing Customs agents licenses at your commandâ€.
River Niger Dredging: Group faults FG’s N4b order
The directive by the Federal Government to the management of the Nigerian Ports Authority, NPA, and Nigeria Maritime Administration and Safety Agency, NIMASA, to contribute N1 billion each for the dredging of the River Niger has been faulted by the leadership of the National Council of Managing Directors of Licensed Customs Agents, NCMDLCA.
Smugglers: Customs takes delivery of 2 new helicopters
The Nigeria Customs Service (NCS) has taken delivery of two brand new helicopters with a view to fighting smuggling and bringing it to the barest mimimum.
