archiveFebruary 2025

The Nigeria Employers’ Consultative Association (NECA) has demanded a reversal of the four per cent charge on the Free on Board (FOB) value of imports by the Nigeria Customs Service (NCS). NECA’s Director-General, Mr Adewale-Smatt Oyerinde, made the call in a statement on Sunday. The NCS spokesman, Mr Abdullahi Maiwada,...

• IPOB’s leader rejects judge A Federal High Court in Abuja has adjourned indefinitely further proceedings in the treason trial of the leader of the proscribed separatist group, the Indigenous People of Biafra (IPOB), Nnamdi Kanu. Justice Binta Nyako took the decision in a ruling on Monday after Kanu disrupted...

The Nigeria Police Force has agreed to reinstate 92 officers who were forcefully retired before reaching their mandatory retirement age, following a ruling by the National Industrial Court of Nigeria (NICN) in Abuja. The affected officers, from Courses 33, 34, and 35 of the Nigeria Police Academy, were retired in...

The Central Bank of Nigeria (CBN) has rescheduled the 299th meeting of its Monetary Policy Committee (MPC). The apex bank shifted the meeting which was initially scheduled for February 17 and 18 to February 18 and 19. The CBN announced the change in a statement on Monday. The statement read:...

Executive Chairman of the Economic and Financial Crimes Commission EFCC, Mr. Ola Olukoyede has conferred a Posthumous Award of Bravery on a slain officer of the Commission, Assistant Superintendent of the EFCC, ASE II. Aminu Harisu Sahabi. He disclosed this in Sokoto on Friday, February 7, 2025 when he paid...

As part of strategies to harness the potentials inherent within the various states for wealth creation, the Securities and Exchange Commission (SEC) is to embark on investor education for State Governments across the Federation. SEC Director General Dr. Emomotimi Agama disclosed this during a meeting with a team from the...

The Manufacturers Association of Nigeria (MAN) has criticised the proposed 15 percent increase in tariff by the Nigerian Ports Authority (NPA). It will be recalled that on February 6, the NPA said it secured approval to increase its tariffs by 15 percent to enhance infrastructure and upgrade equipment. The upward...

A former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George, has strongly opposed calls for the creation of 31 additional states in Nigeria, describing the move as unsustainable and ineffective in addressing the country’s challenges. Speaking in an interview with the News Agency of Nigeria on...

The National Drug Law Enforcement Agency (NDLEA) says two drug kingpins have excreted 125 wraps of heroin at the Port Harcourt International Airport and the Murtala Muhammed International Airport. NDLEA Headquarters, Abuja, Femi Babafemi, in a statement on Sunday said this was as operatives foiled attempts by both of them...

A Federal High Court, sitting in Calabar, Cross River State, presided over by Justice Rosemary Oghogho-rie has convicted and sentenced Dr. Geraldine Orok Ita to prison for fraud. Ita was prosecuted by the Uyo Directorate of the Economic and Financial Crimes Commission (EFCC) on a twelve-count charge, bordering on forgery...