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Ports Authority Police Command Fecilitate Muslim Faithfuls At Eid-EL-Kabir‎... Ensures Safety Within Port Environs‎

The Commissioner of Police, Ports Authority Police Command, CP Oluwatoyin Agbaminoja, psc, mnips, on behalf of officers and men of the Command, heartily felicitates with Muslim faithful, maritime stakeholders, port users, and the general public on the joyous occasion of the Eid-el-Kabir celebration. ‎ ‎As Nigerians commemorate this important religious festival which symbolizes sacrifice, obedience, tolerance, and love, the Command urges all residents and visitors within the port environment to uphold the values of peace, unity, and mutual respect throughout the celebration period. ‎ ‎According to the statement issued by ASP Isaac Hundeyin, anipr, Police Public Relations Officer, Ports Authority Police (Western) Command, said the Command has emplaced adequate security measures across the nation’s seaports, terminals, jetties, the waterways and other critical maritime infrastructure to ensure a peaceful and hitch-free celebratio...

Fidelity Bank Grows Gross Earnings by 38% to N434.95b in Q1‎

Fidelity Bank Plc recorded 37.9 per cent growth in gross earnings to N434.95 billion in first quarter 2026 as the international commercial bank continued to expand its core banking market share. ‎ ‎ Interim report and accounts of Fidelity Bank for the three months ended March 31, 2026 released at the Nigerian Exchange (NGX) showed that gross earnings rose from N315.42 billion in first quarter 20025 to N434.95 billion in first quarter 2026, representing an increase of 37.9 per cent. ‎ ‎The top-line performance was driven by impressive growth in the bank’s core business operations with interest incomes rising by 22.8 per cent to N314.48 billion in first quarter 2026 as against N256.10 billion in first quarter 2025. ‎ ‎With net interest income at N180.97 billion, the bank closed the period with profit before tax of N92.48 billion. After taxes, net profit stood at N74.47 billion for the three-month period. Earnings per share remained high at N5.69, underlining the capacity of the ban...

NSC Resolves Operational Issues Between Sifax and AGL Logistics‎

The Nigerian Shippers' Council in demonstrating the effective economic regulatory role, the Executive Secretary/Chief Executive Officer of the Council, Dr. Akutah Pius, MON, has intervened and resolved the operational issues between SIFAX Group and AGL Logistics over the berthing of a vessel operated by AGL Logistics. ‎ ‎The Council’s intervention further reaffirmed the NSC’s commitment to seamless port operations, trade facilitation and industrial harmony within the maritime sector. ‎ ‎ The Council also emphasized the need for optimal utilization of terminal facilities and the protection of Nigeria’s maritime image through sustained collaboration among industry stakeholders. ‎ ‎ The engagement concluded with a mutual resolution on cargo evacuation and improved operational synergy among the parties involved. ‎ ‎The Management of SIFAX and AGL, expressed their appreciation for the Council’s quick intervention and commended the NSC boss and the Council for their effec...

‎Seme Customs Command Records ₦9.8bn Revenue, Intercepts Illicit Drugs, Other Contraband Worth 501.8m In Two Months

‎ Barely two months of Comptroller Abdullahi Kaila's saddle as the Customs Area Controller of Seme Area Command of the Nigeria Customs Service, the command has generated the sum of ₦9,798,938,969 (Nine Billion, Seven hundred and ninety eight million, nine hundred and thirty eight thousand, nine hundred and sixty nine naira) only as revenue representing an increase of 7,610,533,220 over the ₦2,188,405,749 collected within the same period in year 2025 reflecting a 448 percent increase when compared with the revenue generated within the corresponding period in 2025. ‎ ‎Speaking during his maiden media briefing held at the Command Headquarters yesterday, Monday 25th May, 2026, the Area Controller described the achievements as a reflection of intensified enforcement, stronger stakeholder collaboration, and renewed operational efficiency employed by the command on his assumption of office. ‎ ‎ ‎ According to him, the impressive growth was driven by stren...

Stewardship, Not Seizure: What the Union Bank Case Is Really About‎

There is a particular genre of financial commentary that mistakes legal process for a factual verdict. A court delivers a first-instance ruling, procedural questions are raised, and before the ink is dry on the appeal filing, the narrative has already hardened: the regulator overreached, investor confidence is shattered, and Nigeria’s financial governance is on trial before the world. ‎ ‎ Much of the commentary currently circulating about Union Bank of Nigeria belongs to that genre. It is not without merit on certain procedural questions. But it is, at its core, incomplete and incompleteness in financial journalism carries costs that run well beyond the column. ‎ ‎The Acquisition That Started Everything ‎In 2022, Titan Trust Bank Limited, then chaired by Mr Tunde Lemo, acquired ‎approximately 94 per cent of Union Bank of Nigeria through two Dubai-registered ‎entities: Luxis International DMCC, promoted by Mr Rahul Savara, and Mr ‎Cornelius Vink’s Magna Internationa...

REVISIT THE BAN ON VEHICLE IMPORTATION THROUGH SEME BORDER‎ - MUBASHIRU TELLS CGC

A critical stakeholders on maritime space is of the opinion that CGC Adewale Adeniyi's beautiful credentials as the best Comptroller General of Customs will be incomplete if he leaves office without revisiting some of the sentimental policies by previous administrations that are affecting trade facilitations for corrections. ‎ ‎ In a review on this issue with Alhaji Adetona Mubashiru, the Chairman and CEO of Only God is Wise Nig. Ltd, a Bonded Terminal would want the CGC to revisit some of the government policies on Trade facilitation. It could be noted that a press release written by CGC Adeniyi on December 5, 2016 as the then National PRO of Nigeria Customs Service captioned "FG BANS IMPORTATION OF VEHICLES THROUGH THE LAND BORDERS," had the followings in that short notice that importation of vehicles into Nigeria through the land Borders have been banned by the Federal Government. The prohibition order covers all new and used vehicles. ‎ ‎ The Ban was sequel to...

Nigeria Customs Strengthens Inter-Agency Fight Against Transnational Crimes‎

The Nigeria Customs Service (NCS) has emphasised on the importance of stronger collaboration, intelligence sharing, and inter-agency synergy in addressing terrorism financing, money laundering, wildlife trafficking, and other forms of transnational organised crimes. ‎ ‎The Comptroller-General of Customs, Adewale Adeniyi, made this known during a study tour by participants of the Operational Level Countering the Financing of Terrorism and Regional Security Course 2 (CFTRSC - OPL2) from the National Defence College, held on Thursday 21st May 2026 at the Customs Headquarters in Maitama, Abuja. ‎ ‎He commended the growing capacity development within the Service, as well as the participation of officers drawn from various formations across the country. ‎ ‎ Adeniyi described Nigeria’s removal from the Financial Action Task Force (FATF) grey list as a significant milestone that restored investor confidence and strengthened the country’s global financial standing. ‎ ‎He explained...

NIGERIAN NAVY SEEKS STRONGER MARITIME SECURITY COLLABORATION‎... As NIMASA Graduates 177 Trainees under the Deep Blue Project

L-R: Director General Nigerian Maritime Administration and Safety Agency, NIMASA Dr. Dayo Mobereola, representative of the Chief of Naval Staff, Flag Officer Commanding (FOC), Western Naval Command, Rear Admiral Abdulahi Mustapha; Executive Director Maritime Labor and Cabotage services, NIMASA Mr. Jibril Abba; Commodore IU Agwu, Commander Deep Blue task group; commodore S.O Ohunenese during the ceremony The Chief of the Naval Staff, Vice Admiral Idi Abbas has reaffirmed the importance of sustained inter-agency collaboration in strengthening Nigeria’s maritime security architecture. The Naval Chief stated this at the graduation ceremony for personnel trained under the Nigerian Maritime Administration and Safety Agency’s Deep Blue Project. ‎ ‎Represented by the Flag Officer Commanding, Western Naval Command, Rear Admiral Abdullahi Mustapha, Vice Admiral Abbas described the Deep Blue Project as a model for effective inter-agency cooperation in tackling maritime crimes and sustainin...

CGC Adeniyi Rallies Support for NIPR Secretariat, Envisions National Edifice of Pride‎

The Comptroller-General of Customs, Adewale Adeniyi, has called for stronger support towards the completion of the Nigeria Institute of Public Relations’ National Secretariat project in Abuja, saying the public relations profession deserves a national edifice Nigerians can identify with and take pride in. ‎ ‎CGC Adeniyi made the call on Wednesday, 20 May 2026, shortly after inspecting the ongoing construction of the NIPR National Secretariat, known as “Public Relations Place”, located within the premises of Radio House, Garki, Abuja. ‎ ‎The CGC expressed satisfaction with the progress of work at the site and said public relations has contributed immensely to nation-building and the professional growth of many Nigerians over the years. ‎ ‎ According to him, the time has come for practitioners and stakeholders to collectively support the completion of a befitting national secretariat for the Institute. ‎ ‎“PR has done a lot for many of us. It has given us opportunities and...