Customs Collect N215billion On B’Odogwu Platform In August

Despite reported network glitches, the Apapa Command of Nigeria Customs Service has collected N215b in August 2025 using the Unified Customs Management System (UCMS), also known as B’Odogwu. Customs Area Controller of the Command, Babatunde Olomu, described the collection as a product of increased confidence in and continuous improvement of the B’Odogwu system and applauded […]

Content Board Sustains Gas, Safety Capacity Building With 6 Training Centres

The Nigerian Content Development and Monitoring Board (NCDMB), is currently providing industry-focused training in gas, engineering, and safety studies, after commissioning six Centres of Excellence. The Board has deployed over $350 million to support local companies through its Nigerian Content Intervention Fund (NCIF) managed in partnership with NEXIM Bank. The board’s director of Corporate Services, […]

Coronation Lists N8.79bn Infrastructure Fund On NGX

Coronation Asset Management Limited has listed an N8.9 billion infrastructure fund under its N200 billion issuance programme on the main board of the Nigerian Exchange (NGX). The fund aims to support economic growth by investing in critical infrastructure projects, providing investors with opportunities for long-term returns. This listing underscores Coronation’s commitment to driving infrastructure development […]

Analysts Advise FG On Risk Mgt As New MTDS Raises Borrowing Limits

The federal government has been urged to prioritise risk management in implementing the newly released 2024–2027 Medium-Term Debt Management Strategy (MTDS). Analysts warned that rising refinancing pressures and short-term obligations could undermine fiscal sustainability if not properly contained. The updated MTDS, released by the Debt Management Office (DMO) and approved by the Federal Executive Council, […]

FAAC Allocation Inflows, OMO Maturities Lift System Liquidity To N1trn

The money market closed last week on a buoyant note as inflows from the Federation Accounts Allocation Committee (FAAC) and Open Market Operation (OMO) maturities lifted system liquidity to over N1 trillion. However, while interbank rates eased due to the cash injection, treasury bill yields jumped sharply as investors repositioned for higher returns. Figures from […]

Kumo Hospital Now Federal Medical Centre As FG, Gombe Sign Deal

Gombe State and the Federal Government have signed a Memorandum of Understanding (MoU) to take over the newly constructed General Hospital Kumo and convert it into a Federal Medical Centre to ensure its immediate commencement of operations. Governor Inuwa Yahaya’s administration constructed and equipped the Hospital with medical facilities. The MoU signing ceremony occurred at […]