Seplat records loss before tax of N3.1bn in Q2 2017

Seplat Petroleum Development Company (Seplat) reported a loss of N3.1billion ($9.9m) in Q2 2017 results published by…

Seme Customs confiscates N54.46m worth of contraband

The Seme Area Command of the Nigeria Customs Service (NCS) has confiscated contraband valued at N54.46…

Senate asks RMAFC to review revenue sharing formula, passes 3 petroleum bills 

The Senate has asked the Revenue Mobilisation Allocation and Fiscal Commission ( RMAFC) to review the…

FG appoints Osakwe DG of trade negotiations office

The Federal Government has approved the appointment of Ambassador Chiedu Osakwe as Director General with concurrent…

NPA faults Senate’s claim on 282 ‘missing’ vessels

The Nigerian Ports Authority (NPA) yesterday faulted claims by the Chairman, Senate Committee on Customs, Excise…

PHOTOS: Buhari meets seven governors in London

President Muhammadu Buhari has met with seven Nigerian governors who travelled to London on Tuesday. The Presidency…

Customs intercept boxes of snakes, spiders, millipedes, others in Calabar

The Nigeria Customs Service on Wednesday intercepted three consignments containing 140 species of snakes and 660…

Customs collects record N486bn in six months

Nigeria Customs Service (NCS) has hit a record in revenue collection, making N486 billion in six months as…

FRSC to now prosecute owners of trucks, tankers for drivers’ offence 

The Federal Road Safety Corps (FRSC) said on Wednesday that tanker and truck owners would now…

Osinbajo swears in two ministers, fails to assign them portfolios

Acting President Yemi Osinbajo has sworn-in Prof. Stephen Ocheni from Kogi State and Alhaji Suleiman Hassan from…

EFCC recovers N328.9bn from Oando, Conoil, Total, others

The Economic and Financial Crimes Commission (EFCC) says it has recovered a total of N328.9 billion…

FG approves new oil policy, to restructure NNPC

The Federal Executive Council (FEC) meeting presided over by Acting President Yemi Osinbajo has approved a…