Author: Saint Augustine

The Apapa Port Command of Nigeria Customs Service has achieved a revenue collection of N2.01 trillion as at November 19, 2024. Customs Area Controller, CAC of the command, Comptroller Babatunde Olomu who disclosed this while addressing officers and men on a parade on Wednesday November 20, 2024 said the command aims at achieving its N2.2 trillion target for this year by the end of this month ahead of December. Comptroller Olomu said the command is drawing inspiration from the Comptroller General of Customs, Bashir Adewale Adeniyi who announced the total collection of N5.07 trillion by the service on Tuesday at…

Funds accrued under the Cabotage Vessel Financing Fund, CVFF are intact and currently held with the Central Bank of Nigeria under the Single Treasury Account, TSA. This is contrary to a misleading publication alleging that funds have disappeared from the CVFF account. The report of missing money is both misleading and false. For the record, the Cabotage Vessel Financing Fund, securely held in the NIMASA account at the Central Bank of Nigeria, CBN, remains intact. There has been no disappearance of funds, and no illegal transactions, as the article suggests. This misinformation is a figment of the author’s imagination, aimed…

In a move that signposts its market leadership, Africa’s fastest-growing financial institution, Moniepoint has been recognized as the Financially Inclusive Fintech of the Year at the 2nd International Financial Inclusion Conference, IFIC. This prestigious event which was hosted by the Central Bank of Nigeria, CBN had in attendance, several key stakeholders in the financial services industry that include Deputy Governor, Financial System Stability, Central Bank of Nigeria, Philip Ikeazor, Director-General, National Pension Commission, PenCom, Omolola Oloworaran, Country Manager and Area Business Head for West Africa, Mastercard, Folasade Femi-Lawal, and Chairman of Committee of e-Business Industry Heads, CeBIH, Ajibade Laolu-Adewale among…

There’s something big happening this November! Smile Communications has teamed up with TECNO, the leading smartphone brand in the country, offering Nigerians an exclusive offer to connect easily and more affordable than ever. Starting November 1, 2024, every 4G LTE enabled TECNO smartphone comes with a FREE Smile SIM card preloaded with FREE 3GB of data. Imagine unboxing your brand-new phone, inserting a Smile SIM, and instantly accessing the superfast internet to stream, share, and connect right out of the box. Why This Offer is a Game-Changer With Black Friday right around the corner, Smile and TECNO wanted to go…

Six political wards in Ona-Ara Local government area have been certified open defecation-free, ODF by the United Nations International Children’s Emergency Fund, UNICEF, on Monday. Equally, two political wards in Egbeda local government area have been certified open defecation-free by UNICEF. This was made known by the Chairman, Oyo State Rural Water Supply and Sanitation Agency, RUWASSA, Hon. Babalola Afobaje, during a pre-event walk to mark the 2024 World Toilet Day Celebration in Ibadan on Monday. According to him, before 2022, only 10 percent of households in Ona-Ara LGA had access to toilets, and many practiced open defecation. Afobaje said…

The Honourable Minister of State for Defence, Dr. Bello Matawalle is in the Kingdom of Saudi Arabia to begin talks with the Secretary General of the Islamic Military Counter Terrorism Coalition, IMCTC, Major Gen. Mohammed Bin Saeed Al-Moghedi. The talks which began at the IMCTC Headquarters in Riyadh, Saudi Arabia on Monday November 18, 2024, is expected to yield positive results and ideas on how best to approach counter-terrorism in Nigeria. During the meeting, Dr. Matawalle is expected to talk with other high ranking experts in counter-terrorism fight and logistics management. Send your press invite, news, press releases/articles to augustinenwadinamuo@yahoo.com.…

In a move to strengthen bilateral relations, the Nigeria Customs Service, NCS, recently, signed a Customs Mutual Administrative Agreement, CMAA with its Indian counterpart. The Comptroller-General of Customs, Adewale Adeniyi, represented the NCS during the signing ceremony, held at the Ministry of Foreign Affairs in Abuja. This agreement formed part of the engagements during the state visit by the Indian Prime Minister on 17 November 2024 at the State House, Abuja. CGC Adeniyi described the CMAA as a milestone achievement, culminating from negotiations that began in 2016. He stated, “The agreement is expected to enhance collaboration between customs administrations, streamline…

The maiden edition of PORTNEWS SUMMIT will come up on Wednesday, the 4th of December 2024 at Rockview Hotel, Apapa, Lagos. It is organised by PortNews Newspaper. The theme is “Port Reforms and Local Content: Has Nigeria fared Well?” The Summit is expected to pool a gathering of respected economists, ship moguls, respected maritime stakeholders, legal experts and longstanding maritime journalists. The occasion will be chaired by former Minister of lnterior, Captain Emmanuel lhenacho, while the Guest Speakers will be the renowned economist and a former Director General of Lagos Chambers of Commerce and industries, Dr. Muda Yusuf and the…

The Maritime Reporters’ Association of Nigeria, MARAN is pleased to remind maritime stakeholders, industry professionals, and the general public that the much-anticipated MARAN Annual Maritime Lecture is set to hold on Thursday, November 21, 2024, at the prestigious Providence Hotel, Ikeja GRA, Lagos. The event, themed, “AfCFTA: Dismantling Trade Barriers, Navigating Regional Trade”, promises to provide indepth insights into Africa’s Free Trade Agreement and its implications for regional and global commerce. The MARAN Annual Maritime Lecture, according to the President of the association, Godfrey Bivbere, will convene key stakeholders, policymakers, and experts from across the maritime and trade sectors to…

Dr. Taiwo Afolabi, Chairman of SIFAX Group, has donated a fully equipped building to his alma mater, Baptist Grammar School, Idi-Ishin, Ibadan, Oyo State. The building features a mini-conference room, staff toilets, a Home Economics laboratory, as well as an accommodation facility for corps members deployed to the school. The commissioning ceremony, held at the school premises recently, was attended by members of the Baptist Grammar School Idi-Ishin Old Students Association, BAGOSA, teaching and non-teaching staff, representatives from the Oyo State Ministry of Education, students and a delegation from SIFAX Group. Speaking at the event, Dr. Taiwo Afolabi, represented by…