Category: #Finance
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TIN CAN CUSTOMS HITS N1.61TRN, SMASHES 2025 REVENUE TARGET
Maritime reforms and teamwork drive historic revenue surge. The Tin Can Island Port Command of the Nigeria Customs Service recorded a record-breaking N1.609 trillion in 2025, exceeding its target by over N85 billion, the highest surplus in its history. Customs Area Controller, Comptroller Frank Onyeka, credited the achievement to teamwork, transparency, and operational reforms, including…
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MURTALA MUHAMMED CUSTOMS POSTS N202.9BN REVENUE IN 2025
Revenue jumps 13% as improved compliance and monitoring boost performance. The Murtala Muhammed Area Command of the Nigeria Customs Service (NCS) recorded N202.9 billion in revenue for 2025, up from N181.01 billion in 2024, hitting 113% of its annual target, the Customs Area Controller, Comptroller Godwin Otunla, announced. Otunla credited the surge to better trader…
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NGX OPENS WEEK IN GREEN AS INVESTORS POCKET ₦9BN
A modest lift in the index, but stock pickers found plenty of winners despite broad sell-offs. Nigeria’s equities market kicked off the week on a positive note, with investors gaining about ₦9 billion as trading closed slightly higher on Monday. Market capitalisation edged up 0.01% to ₦106.162 trillion, while the All-Share Index inched up 14.24…
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FG LAUNCHES FREE FINANCIAL SKILLS TRAINING FOR 10 MILLION NIGERIANS
Big push for women and youth as government targets inclusion, digital skills and wealth creation The Federal Government has kicked off a free nationwide training for 10 million Nigerians to boost financial inclusion and literacy, with a strong focus on women and young people. The programme, driven by the Office of the Vice President through…
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TINUBU CELEBRATES NGX’S N100TRN BOOM: TIME FOR NAIJAS TO INVEST LOCAL
President Bola Tinubu’s cheering the Nigerian Exchange for smashing past N100 trillion market cap—calling it proof of rock-solid investor faith in Naija’s economic turnaround amid global jitters. In a Thursday statement via spokesman Bayo Onanuga, Tinubu spotlighted the NGX All-Share Index’s stellar 51.19% return in 2025 (beating 2024’s 37.65% and outpacing S&P 500, FTSE 100),…
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STOCKS KEEP ROCKETING: N138BN GAINED AS NGX HITS N102.8 TRILLION MILESTONE
Investors are still betting big on Nigeria’s stock market—Thursday marked the 19th straight day of gains, pumping N138 billion into market cap for a 0.13% jump to N102.822 trillion. All-Share Index climbed 214.80 points to 160,806.56, fueled by standouts like Neimeth International Pharma (+10% to N7.70), May & Baker (+9.85% to N26.20), Etranzact (+9.64% to…
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FROM FIRS TO NRS: ADEDEJI UNVEILS MASSIVE REVENUE SYSTEM OVERHAUL – DIGITAL, CENTRALIZED, FUTURE-PROOF
Say goodbye to fragmented taxes NRS replacing FIRS isn’t a logo tweak, it’s a root-to-tip rebuild of Nigeria’s revenue machine, per Executive Chair Dr Zacch Adedeji in an Abuja TV spot. Fresh tax laws (gazetted after Tinubu’s nod) rebrand the apex collector, consolidating scattered duties into one smart hub: data fusion, automation galore, slashing human…
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REPS DROP OFFICIAL TAX LAWS TO KILL CONFUSION OVER TINUBU’S REFORMS
Ever wondered if those tax reform bills floating around online are the real deal? The House of Representatives just hit back at the rumors—dropping certified copies of President Tinubu’s four big tax laws to set the record straight. Speaker Abbas Tajudeen, teaming up with Senate President Godswill Akpabio, ordered the release after lawmakers spotted shady…
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ADAMAWA GOV SIGNS N583BN 2026 BUDGET – INFRA & SECURITY PUSH
Fresh fiscal firepower: Gov. Ahmadu Fintiri inked Adamawa’s N583.3 billion 2026 budget Wednesday, post-Assembly passage (presented Dec. 19)—64% capital (N373.69bn) for projects, 36% recurrent (N209.64bn). Fintiri hailed wide consultations reflecting statewide needs: Infra boost, education/health expansion, jobs, welfare. Security spotlight: Deploying trained forest guards to Hong LGA vs emerging threats. “Much achieved; 2026 delivers more,”…
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BENUE GOV SIGNS N695BN 2026 BUDGET – RURAL REVIVAL AHEAD
Benue’s food basket gets a massive refill: Gov. Hyacinth Alia inked the N695 billion 2026 Appropriation Bill Wednesday, up N89.5bn from his N605.51bn proposal, tagging it “Budget of Rural Development, Livelihood Support & Sustainability.” Chief Press Sec Tersoo Kula confirmed the quick Assembly passage and assent. “Rooted in our realities, this flips rural neglect—decades overdue…
