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    Urban Radio 945 Music, Talk, Sports

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Economy

70 Results / Page 1 of 8

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Economy

NIGERIA CUSTOMS SERVICE INTRODUCES $300 DUTY FREE IMPORTS

The Nigeria Customs Service has introduced a new duty-free threshold of $300 on small-value imports, a move aimed at boosting trade and e-commerce growth in the country. Effective September 8, 2025, imports valued at US $300 or below will be exempt from customs duties and taxes. This applies to courier shipments, e-commerce parcels, and passenger baggage, but excludes restricted or prohibited goods. According to the Nigeria Customs Service (NCS), the reform […]

todaySeptember 8, 2025

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Business

T2 Emerges: 9mobile Rebrands and Partners with MTN to Expand Nationwide Coverage

In a bold move to redefine its market presence and improve service delivery, 9mobile has officially rebranded to "T2" and entered into a strategic three-year national roaming agreement with MTN Nigeria, signalling a new era for the telecom provider. Unveiled in August 2025 at a high-profile event themed “Tech Meets Tenacity”, the rebrand introduces "T2" as a modern, digital-first lifestyle brand aimed at reconnecting with Nigeria’s tech-savvy and youthful population. With […]

todaySeptember 8, 2025

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Economy

NIPOST Introduces $80 Prepaid Customs Duty on U.S.-Bound Parcels

The Nigerian Postal Service (NIPOST) has announced that all non-document parcels destined for the United States will now attract a mandatory prepaid customs duty of $80 (or its Naira equivalent), effective immediately. The agency explained that the adjustment follows a new U.S. Executive Order under the International Emergency Economic Powers Act (IEEPA), which suspends duty-free exemptions for international postal shipments. This means every parcel, regardless of value, must pay the […]

todayAugust 30, 2025

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Economy

NIS Announces New Passport Fees Effective September 2025

The Nigeria Immigration Service (NIS) has announced an upward review of passport application fees, effective September 2025. According to the new pricing, a 5-year standard passport will now cost ₦100,000, while the 10-year enhanced e-passport has been pegged at ₦200,000. The NIS stated that the adjustment is designed to enhance service delivery, strengthen security features, and align Nigeria’s passport system with global standards. The development, however, has triggered mixed reactions, […]

todayAugust 29, 2025

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Economy

Governor Uzodimma Raises Minimum Wage to N104,000 in Landmark Move

Governor Hope Uzodimma today unveiled a new wage structure for Imo State civil servants: a N104,000 minimum wage; a sharp rise from N76,000. Additional raises were granted to doctors (N503,000) and tertiary lecturers (N222,000). This move is backed by improved finances: IGR now tops N3 billion monthly, federal allocations have doubled, and state debt has been significantly lowered. In addition, the governor also earmarked N16 billion for pensioner gratuities starting […]

todayAugust 27, 2025

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Crime

U.S. CONDEMNS BRUTAL ATTACKS ON CHRISTIANS IN NIGERIA, VOWS TO HOLD PERPETRATORS ACCOUNTABLE

The United States has strongly condemned the recent wave of brutal attacks on Christians in Nigeria and across sub-Saharan Africa, pledging to work with international partners to address the crisis.The condemnation follows a series of deadly incidents in recent weeks, including the massacre of 27 Christians in Bindi Ta-hoss Village by Islamist Fulani militants.The DONALD TRUMP administration, through both the White House and the State Department vowed to respond decisively, […]

todayAugust 12, 2025

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Economy

EERC MOVES TO RESOLVE SUDDEN POWER SUPPLY SHORTAGE IN PARTS OF ENUGU.

The Enugu State Electricity Regulatory Commission, EERC, says it is taking steps to resolve the sudden electricity supply shortages that have plunged parts of the state into an acute power outage.Recall that MainPower Electricity Distribution Company Limited had last week issued a statement where it blamed the development on the drastic reduction of power being supplied it by the parent company, the Enugu Electricity Distribution Company, EEDC, following EERC’s decision […]

todayAugust 12, 2025

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Crime

   FEDERAL GOVERNMENT TO ARRAIGN OWO CHURCH ATTACK SUSPECTS.

The Federal Government is set to arraign suspects accused of the tragic terrorist attack on the Saint Francis Catholic Church in Owo, Ondo State, which took place on June 5, 2022. The suspects identified as IDRIS OMEIZA; AL-QASIM IDRIS; JAMIU ABDULMALIK; ABDULHALEEM IDRIS, and MOMOH ABUBAKAR, will be arraigned before Justice OBIORAH EGWATU of the Federal High Court, Abuja.The defendants will face a nine-count charge under the Terrorism Prevention and […]

todayAugust 12, 2025

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Economy

ELECTRICITY UNION SEEK REVERSAL OF POWER AND WATER SECTORS PRIVATISATION

The National Union of Electricity Employees, NUEE, and the Amalgamated Union of Public Corporation, Civil Service Technical and Recreational Services Employees, AUPCTRE, have called on the Federal Government to urgently revoke the privatization licences granted in the power and water sectors. In a joint statement, the unions argued that Nigeria was better off when the sectors were under government.” NUEE’s North West Zonal Organising Secretary I, AYUBA BARDE, who spoke […]

todayAugust 8, 2025

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