Author: Mujeedat
The Dangote Petroleum Refinery is positioning itself as a major driver of Africa’s manufacturing and industrial value chain as it embarks on expansion projects that extend well beyond fuel production. The Managing Director and Chief Executive Officer of the refinery, David Bird, disclosed that the facility plans to double its capacity to become the world’s largest refinery, while also developing a large-scale diesel hydrotreater, expanding polypropylene production, constructing additional marine jetties and building a world-scale Linear Alkyl Benzene (LAB) plant to support detergent manufacturing in Africa. Bird described the refinery as a “continent-building project,” noting that beyond meeting Nigeria’s domestic…
The Tin Can Island Command of the Nigeria Customs Service (NCS) has disclosed plans to commence full paperless operations in the second quarter (Q2) of 2026, aimed at transforming the command into a one-stop shop for the seamless clearance of goods. The Customs Area Controller, Comptroller Frank Onyeka made this known on Tuesday, during an engagement with the media, where he unveiled the command’s strategic plans for the year. He said the move was specifically in achieving the Federal Government’s National Single Window (NSW) plan, where the command is expected to play a critical role, noting that plans are already…
The Nigeria Customs Service (NCS) has explained its role in the exchange rate process, stating that its indigenous platform, B’Odogwu, applies only the rate transmitted by the Central Bank of Nigeria (CBN). The clarification follows recent public commentary on foreign exchange pricing, investor behaviour, and Customs valuation practices. In a statement issued on Monday by the National Public Relations Officer, Deputy Comptroller of Customs Abdullahi Maiwada, the Service acknowledged the value of informed public discourse in deepening understanding of Nigeria’s trade and revenue environment. “In this regard, it is important to provide factual clarification on how exchange rates are received,…
The Nigeria Deposit Insurance Corporation (NDIC) has intensified efforts to strengthen public trust in the nation’s banking system through enhanced insurance coverage and improved claims settlement processes. This was disclosed at the NDIC Stakeholders’ Town Hall Meeting held in Lagos on Saturday, where representatives of the Central Bank of Nigeria (CBN), financial institutions, trade associations, civil society organisations, academia, students, youth and women groups, as well as members of the media, gathered to discuss depositor protection and financial system stability. Speaking at the event, the Managing Director/Chief Executive of NDIC, Sunday Thomson, represented by the Director of the Bank Examination…
Supporters of the Obidient Movement have intensified mobilisation efforts in Uyo, Akwa Ibom State, as preparations gather momentum ahead of the 2027 general elections, with leaders calling for unity, structure and vigilance in the electoral process. Addressing members of the movement at a grassroots engagement, the National Coordinator of the Obidient Movement Worldwide, Yunusa Tanko, declared that the group would not accept a repeat of the controversies that trailed the 2023 elections. He stressed that votes must be correctly counted in 2027, urging supporters to be prepared to protect the integrity of the ballot. Tanko called on members across the…
The Nigeria Customs Service (NCS) has launched a new digital One-Stop-Shop (OSS) platform aimed at eliminating bureaucratic bottlenecks at Nigeria’s ports and significantly reducing cargo clearance time to 48 hours. Speaking at the ceremony held in Lagos on Friday, 13 February 2026, the Comptroller-General of Customs, Adewale Adeniyi, described the initiative as a major structural reform designed to modernise border operations and strengthen Nigeria’s trade competitiveness. The Customs boss noted that the platform aligns with Nigeria’s broader business reforms under the administration of President Bola Tinubu, as well as global standards under the World Trade Organisation’s Trade Facilitation Agreement, which…
The Nigeria Customs Service (NCS) has reinforced investor confidence and strengthened trade ties between Nigeria and the United States following a high-level stakeholder engagement with the American Business Council (ABC). The event, held on Thursday, February 12, 2026, at Eko Hotel and Suites, Victoria Island, Lagos, brought together senior Customs officers, including the Comptroller General of Customs, Adewale Adeniyi, executives of American companies, and key industry stakeholders to deliberate on trade facilitation, dispute resolution, regulatory reforms, and policy strategies aimed at improving Nigeria’s investment climate. Speaking at the forum, the CGC, described stakeholder engagement as a critical pillar of modern…
The Commander of the Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals, Assistant Commandant of Corps, Attah Onoja has been honoured with the National Economic Security Defender of the Year award for 2025. The award, conferred by Daily Global Newspaper is in recognition of his outstanding contributions to protecting the nation’s solid mineral resources. The award followed a rigorous assessment process involving security experts, industry stakeholders and civil society observers, who cited ACC Onoja’s strategic leadership and operational impact in strengthening enforcement across Nigeria’s mining sector. Under his command, the Mining Marshals operating within the Nigeria Security and Civil…
The Comptroller-General of Customs, Bashir Adewale Adeniyi, has reaffirmed the Nigeria Customs Service’s commitment to seamless port operations and trade facilitation following the commissioning of the Lagos Free Zone Green Channels. Speaking during the inauguration, Adeniyi said the initiative was designed to reduce the time and cost of doing business at the nation’s ports, thereby enhancing efficiency and competitiveness. According to him, under the new arrangement, containers discharged from vessels are moved directly through a dedicated corridor known as the Green Channel to a designated examination area without the usual bottlenecks associated with conventional port operations. He noted that, previously,…
The Maritime Workers’ Union of Nigeria (MWUN) led by Comrade Francis Bunu Abi has congratulated members of the Inter-Ministeral Committee in recognition of their contributions to Nigeria’s successful election into category ‘C’ of the council of the International Maritime Organization (IMO) for 2026-2027. MWUN stated in a press statement signed by MWUN media, Comrade Kennedy Ikemefuna that the feat recorded so far for the country on November 28, 2025 in London, where Nigeria secured a seat on the IMO Council was a significant impact in the history of the country’s Maritime space and diplomatic engagements, adding it was remarkable and…