Category: Business

CAC enhances Customer Experience with 20 New Call Centre Licenses

Emporium Reporters

In a bid to improve customer experience, the Corporate Affairs Commission (CAC) has strengthened its call centre with the addition of 20 new licenses. This initiative, aimed at meeting global standards, was revealed on Monday in Abuja by the Registrar-General, Hussaini Ishaq Hussaini Magaji.   During an inspection of the upgraded CAC call centre, Magaji emphasized that the move was designed to manage the growing volume of calls and resolve customer challenges quickly. He assured that the newly acquired licenses were fully operational and ready to support a larger audience,…

NCS celebrates International Customs Day 2025, showcases achievements in Revenue, Trade, and Security

Lukman Laleye Babalola

The Nigeria Customs Service (NCS) commemorated International Customs Day 2025 at the Customs House in Abuja on Monday, January 27, with a grand celebration highlighting its strides in trade facilitation, border security, and economic growth. Speaking at the event themed “Customs Delivering on its Commitment to Efficiency, Security, and Prosperity,” Comptroller-General of Customs (CGC) Adewale Adeniyi praised the Service for surpassing its revenue target with a record-breaking ₦6.1 trillion in 2024, which he said represented a 90.4% year-on-year increase and exceeded projections by 20.2%.   The CGC attributed the success…

Breaking News: NYSC empowers Corps Members with over N3.2 Million Business Grants

Lukman Laleye Babalola

The National Youth Service Corps (NYSC) has awarded over N3.2 million in business grants to five outstanding Corps Members, underscoring its commitment to promoting self-reliance and entrepreneurship among Nigerian youths.   At the grant presentation ceremony held at the NYSC National Directorate Headquarters in Maitama, Abuja, the Director General of NYSC, Brigadier General YD Ahmed, reaffirmed his administration’s resolve to partner with stakeholders in reducing graduate unemployment. He highlighted that supporting Corps Members’ entrepreneurial aspirations is a key aspect of his five-point policy thrust. The recipients of the grants, sponsored…

CAC Commences Batch 2 Enforcement and Compliance Training in Abuja

Lukman Laleye Babalola

The Corporate Affairs Commission (CAC) has launched the second batch of its In-House Enforcement and Compliance Training for State Offices. The program was declared open by the Registrar-General/CEO, Hussaini Ishaq Magaji, at the Nigerian Bar Association auditorium in Abuja.   The training, which gathered CAC officers from the 36 states of the federation, aims to enhance their proficiency in enforcement and inspection duties. Speaking during the opening session, Magaji urged participants to actively engage by asking questions, taking detailed notes, and fully immersing themselves in the sessions to improve compliance…

Enugu establishes Diaspora Desks across LGAs ,as NiDCOM hosts South-East Investment Summit

Lukman Laleye Babalola

In a landmark move to harness the economic potential of Nigerians living abroad, Enugu State has announced the establishment of Diaspora Desks in all its Local Government Areas. This initiative was unveiled during the South-East edition of the Nigerian Diaspora Commission’s (NiDCOM) Sensitisation and Advocacy Programme to promote diaspora investment across the region.   Representing Governor Peter Mbah at the event, Prof. Chidiebere Onyia emphasized the vital role of the Nigerian diaspora in driving economic growth through remittances, expertise, and innovation. Onyia reiterated the state’s ambition to grow its GDP…

CAC Registrar-General charges Media Practitioners to uphold Professionalism

Lukman Laleye Babalola

The Registrar-General/CEO of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, has called on media practitioners to maintain high standards of professionalism and adhere strictly to ethical practices in their reportage. Magaji made this call while hosting the Group Chief Executive Officer of Media Trust Limited, Ahmed I. Shekarau, in his office. He emphasized the critical role of the media in delivering accurate and reliable information to the public, urging journalists to prioritize truth and professionalism. The Registrar-General also spoke on the Commission’s ongoing transition from a manual to an…

CAC RG flags off Nationwide Training for Compliance and Enforcement Officers

Lukman Laleye Babalola

The Registrar-General/CEO of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, has inaugurated a nationwide training program for compliance and enforcement officers.   The event, held at the Nigerian Bar Association auditorium in Abuja, is part of the Commission’s efforts to enhance post-incorporation enforcement capabilities. The training, themed “Re-engineering the Commission for Effective Discharge of Compliance and Enforcement Mandates to Ensure Efficient Management of Corporate Vehicles,” gathered participants from all 36 states. Magaji highlighted the crucial role of state offices in ensuring compliance, described the initiative as a sustainability strategy…

NNPCL Tops Nigeria’s Tax Contributions with ₦10 Trillion Remittance in 2024

Emporium Reporters

The Nigerian National Petroleum Company Limited (NNPCL) has set a new benchmark by remitting ₦10 trillion to the federation account in 2024, making it the highest taxpayer in the country.   This was disclosed by the Group Chief Executive Officer (GCEO), Malam Mele Kyari, during his presentation to the National Assembly’s joint committee on Finance, detailing the company’s revenue performance for 2024 and its projections for 2025.   Highlighting NNPCL’s commitment to transparency, Kyari noted that the company is the only one in Nigeria that publishes its complete account statements…

Dabiri-Erewa praises CBN Governor Cardoso on Launch of Non-Resident Nigerian Accounts

Lukman Laleye Babalola

Hon. Abike Dabiri-Erewa, Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), has applauded Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), for introducing two new financial products aimed at Nigerians living abroad: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA).   In a statement released by Abdur-Rahman Balogun, Head of Media, Public Relations, and Protocols at NiDCOM, the initiative is described as a significant move to deepen diaspora engagement and bolster the nation’s economic growth.   Dabiri-Erewa highlighted the pivotal role of…

NCC, FCCPC sign MoU to Boost Consumer Protection, Fair Competition

Lukman Laleye Babalola

In a significant move to enhance consumer protection and ensure fair competition within Nigeria’s rapidly evolving telecommunications sector, the Nigerian Communications Commission (NCC) has formally signed a Memorandum of Understanding (MoU) with the Federal Competition and Consumer Protection Commission (FCCPC) on January 14, 2025.   The agreement, executed in Abuja, underscored the NCC’s commitment to fostering a transparent, competitive, and consumer-focused telecommunications industry.   In his speech,Dr. Aminu Maida, the Executive Vice Chairman of NCC, described the MoU as a long-awaited and pivotal milestone in the collaboration between both regulatory…