Recently, the Central Bank of Nigeria (CBN) announced a major review of Automated Teller Machine (ATM) transaction fees. This review saw a significant increase in ATM transaction cost. The CBN …
Samson Echenim

Samson Echenim
I am a business journalist with nearly two decades of experience. I believe in the good journalism, upholding the ethics of the profession. Journalism should work as a catalyst for economic development and a healthy nation. From writing news, features, analysis, and everything in between, to crafting investigative and development reports, it is always a pleasure to engage my world in the most productive manner. Welcome to my world!
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Shippers and their agents have commended the Comptroller-General of Nigeria Customs Service, Bashir Adewale Adeniyi, for convincing the Federal Government to suspend the implementation of the 4% Free-on-Board (FOB) value …
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The Nigeria Customs Service (NCS) has handed over 1,599 assorted arms and 2,298 live cartridges to the National Centre for the Control of Small Arms and Light Weapons (NCCSALW). The …
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AVIATION TRAVELS & HOSPITALITY
Air Peace strikes strategic interline agreement with Emirates to enhance passenger connectivity
Nigeria’s leading airline, Air Peace, says it has signed a landmark interline agreement with Emirates, one of the world’s premier airlines to enhance travel options and connectivity for Air Peace …
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The Nigeria Customs Service (NCS) on Tuesday announced suspension of the controversial 4% Free-on-Board (FOB) charge on imports as provided in Section 18(1)(a) of the Nigeria Customs Service (NCSA) 2023. …
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Dr Benedict Oramalugo has assumed office as the Customs Area Controller (CAC), Seme Area Command of the Nigeria Customs Service. Oramalugo, a Comptroller of Customs is an accomplished and seasoned …
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AVIATION TRAVELS & HOSPITALITY
Keyamo pushes for review of UAE visa restriction on Nigerians, signs amended bilateral air service agreement
During an epoch making event which, witnessed the signing of the amended Bilaterial Air Service Agreement (BASA) between Nigeria and the United Arab Emirates (UAE), the Minister of Aviation and …
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As the naira maintains stability in the first quarter of 2025, inflation could potentially drop to 33.1%, a foremost economist, Bismarck Rewane has hinted. He also said ‘fairly’ lower food …
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The presence of an economic port regulator in the Nigerian seaport system will enhance efficiency, check operators excesses and boost non-oil exportation, Executive Secretary/CEO, Nigerian Shippers’ Council, Dr Pius Akutah …
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TRANSPORT
New NRC MD hits the ground running, secures cargo movement from Apapa port to Ibadan through rail
Barely one week after he assumed office as the new Managing Director of the Nigerian Railway Corporation (NRC), Dr Kayode Opeifa has perfected plans for movement of cargo from the …