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    Urban Radio 945 Music, Talk, Sports

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Economy

93 Results / Page 3 of 11

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Crime

EFCC Recovers ₦566 Billion, Secures 7,503 Convictions in Two Years — Olukoyede

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that the Commission has achieved unprecedented results over the past two years. Speaking at a media briefing in Abuja, Olukoyede revealed that the EFCC recovered over 566 billion naira and several foreign currencies from the proceeds of financial crimes, demonstrating the Commission’s renewed drive to trace, confiscate, and return illicit assets to the Nigerian state […]

todayOctober 24, 2025

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Economy

NEC Expands Crackdown to Illegal Gold Mining to Safeguard Nigeria’s Natural Resources

The National Economic Council (NEC) is set to begin a crackdown on illegal gold miners as part of a broader strategy to safeguard Nigeria’s natural resources and boost government revenue. The move follows the Council’s decision to expand the mandate of its Ad-hoc Committee on Crude Oil Theft Prevention and Control, chaired by Imo State Governor Hope Uzodinma, to include the fight against illegal mining and mineral smuggling. In a […]

todayOctober 24, 2025

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Economy

Red Cross Enugu Launches Disaster Risk Reduction Club at CPS Okpanku to Strengthen Flood Preparedness

The Nigerian Red Cross Society, Enugu Branch, in collaboration with the International Federation of Red Cross and Red Crescent Societies, IFRC, has launched a Disaster Risk Reduction, DRR Club at Community Primary School, CPS, Ihuibe, Okpanku, Aninri Local Government Area, LGA, aimed at raising awareness and equipping students with skills to mitigate flood disasters and promote preparedness. Speaking during the launch at CPS Okpanku, the Enugu Branch Secretary of the […]

todayOctober 24, 2025

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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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