Finance Archives - Upright News

NDLEA destroys N301b Worth Of Cocaine, Heroin, Opioids, Others in Lagos As Marwa Makes vow Against Traffickers.

Clement Olumba1 week ago1 week ago09 mins

By Femi Anamelechi The National Drug Law Enforcement Agency (NDLEA) has publicly destroyed 329,865.585 kilograms of assorted illicit drugs with an estimated street value of Three Hundred and One Billion, Fifty-Eight Million and Seventy-Six Thousand Naira (N301,058,076,000) only in a court-ordered exercise carried out in Lagos.The exercise, conducted pursuant to orders of the Federal High…

CUSTOMS: FOU zone ‘A’ Disrupts Smuggling Ring, Recovers N729m Revenue.

Clement Olumba1 week ago1 week ago03 mins

By Femi Anamelechi in another onslaught against illicit drug smuggling officers of the Nigeria Customs Service, Federal Operations Unit (FOU) Zone ‘A’, have disrupted a major smuggling ring, intercepting 133 consignments of prohibited goods worth N3.24 billion and recovering N728.98 million in lost revenue.Thia was disclosed om a press release issued on Monday, 10 August…

NCS Raises Security Alert over Seizure As CGC Adeniyi Reaffirm Commitment To Enhanced Border Security Ahead of General Elections.

Clement Olumba3 weeks ago3 weeks ago04 mins

By Femi Amamelwchi The Nigeria Customs Service (NCS) has intensified its security operations.This follows the interception of a container concealing parts of over 140 pump-action rifles and the seizure of cannabis-infused products worth over ₦373.8 million at the Tincan Island Port Command. The assurance on seizure was made at Tincan Island Port on Thursday, 6…

ADC, NDC Condemn Uzodimma’s N25b Approval For Judges’ Quarters in Imo.

Clement Olumba3 weeks ago3 weeks ago02 mins

From Marcel Duru Owerri African Democratic Congress(ADC) and Nigerian Democratic Congress (NDC) have unanimously condemnedN25 billion for 40 duplexes with recreational facilities for judges, and N1.9bn for four CBT centres in Imo State.Speaking at the Secretariat in Owerri, Imo State Chairman of ADC Professor James Okoloma described judges’ quarters as shameless, unethical and inappropriateadding that…

Unions Give AON 14 Day Ultimatum To Remit TSA Fund.

Clement Olumba2 months ago2 months ago04 mins

By Cosmas Okereafor Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) and National Union of Air Transport Employees (NUATE) have given the Airline Operators of Nigeria (AON) fourteen days to remit all collected 5% Tickets Sales Charge money to Aviation agencies in the country or face industrial unrestIn a statement by Frances AkinjoleGeneral Secretary…

FG Reaffirms Commitment To Dismantling Drug Cartels, Promoting wellbeing Of Nigerians.

Clement Olumba2 months ago2 months ago011 mins

By Femi Anamelechi The Federal Government has reaffirmed its commitment to every initiative aimed at preventing illicit drug use, dismantling trafficking networks, expanding access to treatment and rehabilitation, and promoting the wellbeing of all Nigerians.The assurance was given by the Secretary to the Government of the Federation, Senator George Akume at the opening ceremony of…

FAAN: A Look At Half Year Deliverables in 2026.

Clement Olumba2 months ago2 months ago07 mins

Half of this year, 2026 in so many ways is seen to have recorded remarkable improvement in the Federal Airports Authority of Nigeria (FAAN),.The authority from the much we know has intensified efforts in many areas of its statutory functions especially in modernising the airport infrastructure, beefing of operational standards and in all, improvement of…

NCS: LFTZ Achieves Milestone Revenue ₦408.87bn in H1 …celebrate highest monthly collection.

Clement Olumba2 months ago2 months ago04 mins

By Femi Anamelechi The Nigeria Customs Service (NCS), Lagos Free Trade Zone (LFTZ) Command announced the command’s best half-year performance to date. With the generation of ₦408.87 billion from January to June 2026, and. The command also generated its highest monthly collection of ₦87.10 billion in June, 2026.This was discussed by the Customs Area Controller…

PenCom, NSIWC Take Steps To Resolve Friction Between NAMA And Retirees.

Clement Olumba2 months ago2 months ago07 mins

By Cosmas Okereafor The National Pension Commission (PenCom) and the National Salaries, Incomes and Wages Commission (NSIWC) have stepped in to resolve the brewing friction between the management of the Nigerian Airspace Management Agency (NAMA) and its retirees over outstanding pension adjustments. At the core of the dispute were harmonised pension benefits and adjustments spanning…

NCS: Apapa Area Command Start Nationwide Sensitisation on Green Tax Ahead July 1 Implementation.

Clement Olumba2 months ago2 months ago03 mins

By Femi Anamelechi The Nigeria Customs Service (NCS) has begun a nationwide awarenesses sensitisation on the implementation of the Green Tax Surcharge and related fiscal adjustments ahead of its commencement on July 1, 2026. The initiative is aimed at promoting environmental sustainability, reducing carbon emissions and encouraging the importation of cleaner vehicles into the country…