By Femi Anamelechi Armed police officers sealed the Lagos headquarters of Nestoil Limited on Tuesday, following a Federal High Court order authorising First Bank of Nigeria and its subsidiary, FBNQuest Merchant Bank, to take over the company’s assets due to an alleged multi billion dollar debt default. The enforcement followed a directive issued by Justice…
By Femi Anamelechi The Nigeria Customs Service (NCS) Operation Whirlwind has announced the successful interception over 49,000 litres of smuggled Premium Motor Spirit (PMS) worth ₦80.4 million and sealed a filling station allegedly linked to illegal fuel trading in Lagos State. The National Coordinator of Operation Whirlwind made this known during a press briefing and…
From Marcel Duru Owerri Special Senior Adviser (SSA)to the Governor of Imo State on Social Media Ogubundu Nwadike has debunked allegation that hotels in Imo State are into organ harvesting and also serving human flesh to customers as beef and meat. Speaking at Government House in Owerri, Imo State recently he said that the Nigeria…
By Femi Anamelechi Nigeria Customs Service Western Marine Command has disclosed the seizure 86 sacks of stolen Ammonium Sulphate and Polypropylene valued at ₦4.5 million. Ammonium Sulphate is usually used in making explosives and also at fertilizer plants. Customs Area Comptroller ( CAC Patrick Ntardi in charge of the command pointed out that the dangerous…
By Femi Anamelechi The Federal governments In a press statement has debunked the misnomer on Tax lDs in Nigeria scheduled to start in January 2026. The statement stated inter alia ; the attention of the Joint Tax Board (JTB) has been drawn to recent reports and insinuations suggesting that Nigerians without a Tax Identification (Tax…
By Femi Anamelechi National Drug Law Enforcement Agency (NDLEA) has arrested an Indian businessman Gupta Ravi Kumar and three Nigerian accomplices in connection with the seizure of Two Million, Two Hundred and Forty-Eight Thousand (2,248,000) pills of tramadol 200mg/225mg intercepted at the Murtala Muhammed International Airport (MMIA) Ikeja Lagos.The tramadol shipment worth Three Billion Nine…
By Femi Anamelechi Nigeria Customs Service new wind of deployments aimed at shoring up Operational capacity and further enhancing trade facilitation/ anti snuggling by Comptroller General Bashir Adewale Adeniyi ( MFR) continues to attract rave commendations as Comptroller Joe Anani assumed duty as new Customs Area Controller for Ports Terminal Multiservices Limited (PTML) Command.At a…
By Femi Anamelechi In an unprecedented display of what to expect as the Comptroller of the premium Apapa Port , the new Customs Area Comptroller of Apapa command Emmanuel Oshoba has started implementing his vow to build on the success of his predecessor. CAC Emmanuel Oshoba achieved a whooping revenue collection of ₦20,156,077,098.56 on Tuesday…
By Femi Anamelechi The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘A’ , Ikeja,in ite efforts against snuggling has smashed transborder smuggling ring that uncovered in smuggling firearms, ammunition and drones into the country. The notorious smuggling gang, which specializes in smuggling illegal drones, arms and ammunition using wooden box and Danu Spaghetti…
By Femi Anamelechi The APC led government of President Bola Ahmed Tinubu has secured $238m support to strengthen Nigeria’s national power grid, following high-level engagements led by Minister of Power, Adebayo Adelabu, at the Tokyo International Conference on African Development (TICAD) in Japan. The $238 million JICA loan, complemented by Nigeria’s N19 billion counterpart funding,…
