Customs: Hits N1 Trillion Revenue In 10 Months

Bayo Bernard The Nigerian Customs Service, NCS, appear ready to break the N1.3 billion revenue it generated last year for the federal government barely two months into the new year. There were initial fears that the Hameed Ali led NCS may fail to hit the revenue target set for it by the President Muhammadu Buhari administration due to lull in importation. Economic depression experienced during the first two years of the administration has affected all revenue generating agencies, including the customs. Revenue from its two major formations, Apapa and Tin…

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Fidelity Bank Excites With N20bn Profit

By Bayo Bernard Big lender, Fidelity Bank Plc, has continued to keep its word with shareholders and over four million customers across Nigeria by remaining strong and profitable ahead of competitors. The Micro Small and Medium Enterprises, MSMEs friendly bank posted an impressive financial performance for the 3rd Quarter of the year. The bank, analysts insist is now on course of finishing strong in the 2018 financial year. According to the 9-months results for the period ended September 30, 2018, released by the Nigerian Stock Exchange, NSE, the Nnamdi Okonkwo…

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FCMB Opens Ultra-Modern Branch in Karu

As part of effort to provide a seamless service to its teaming customers across Nigeria, First City Monument Bank, FCMB, leading financial service provider, has opened a new branch in Nassarawa state. The new ultra-modern branch, according to the Adam Nuhu led bank is convenience and comfort in one piece and will service customers around Mararaba-Karu, a satellite settlement town in Nasarawa State, Abuja environs and Nyanya. Apart from the experienced financial experts at the branch, it is equipped with unique physical and technological infrastructures that will ensure convenient transactions…

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Access Bank: Cost Benefits of Lagos Marathon

By Bayo Bernard Strong and reliable Deposit Money bank, Access Bank Plc. has made immense contributions to the nation’s economy over the years, but one major area of priority to the bank currently is Nigeria’s burgeoning tourism sector. Therefore, when Governor Akinwumi Ambode of Lagos state announced the commencement of preparations for the fourth edition of the Access Bank Lagos City Marathon, the joy of many athletes within and outside the country knew no bounds, because for them time has come to smile to the banks again. The annual marathon…

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Fidelity Bank: Okonkwo, The Maverick CEO

By Bayo Bernard Nnamdi Okonkwo the Managing Director and Chief Executive Officer of Fidelity Bank Plc is not a politician, but the suave speaking banker understands money politics unlike his contemporaries in the financial and banking sector who have apparently failed to school themselves in this very rare discipline. There’s this story of a south east governor, who at a point lost favour with his godfather. Because of his closeness to Okonkwo, this notable politician had expected the Fidelity Bank boss to join him in his atrocious battle against his…

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Customs: Women Rice Smugglers On Prowl In Seme

By Bayo Bernard At the time Nigerian and Republic of Benin diplomats met in Cotounou on October 1, 2018 to mark Nigeria’s 58 Independence, a number of very daring women smugglers were also busy plotting how to smuggle banned foreign rice into the country. To them, the diplomats may be concerned with how to facilitate bilateral relations between the two countries, on their part, they will busy themselves on how to improve strategies to outwit security agents working along that route to prevent smuggling of foreign parboiled rice into the…

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Customs: We Said So

By Bayo Bernard On August 20, The Source magazine published a story titled “Customs Mulls Promotion of Officers: Comptroller Musa Tops List.” The magazine had predicted that the former Area Controller of Apapa Command, Comptroller Musa Jibrin was among deserving officers penciled down for promotion by the Comptroller General of Customs, Col.  Hameed Ali(rtd). It was also mentioned in the story that another shake-up was imminent in the service, few weeks after the NCS management redeployed over 70 officers across the country. Thus less than 50 days after that publication,…

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Osun: EFCC To Drop Case Against Omisore

By Bayo Bernard Senator Iyiola Omisore, may have used his trump card to wriggle out of his graft case with the Economic and Financial Crimes Commission, EFCC, at least for now. On July 3, 2016 the former deputy governor of Osun state and candidate of the Social Democratic Party, SDP in the September 22 governorship election in the Sunshine State, as the state is popular, was arrested and later detained by the anti-graft agency over alleged N1.3b National Security Adviser, NSA cash receipt. He was later released on bail following…

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Sifax, Bayelsa State Partner On Transport Sector Development

By Bayo Bernard Indigenous Aviation and Maritime giant Sifax is currently working with Bayelsa state, to ramp up the state’s maritime and aviation potentials. The oil producing state will complete a cargo airport within a year and also working on constructing a seaport. The government said its partnership with the private sector was important as paucity of funds has limited the capacity of the lithoral state to raise huge capital investment required to develop these areas on its own. The top management team of the state’s Investment Promotion Agency (BIPA),…

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Customs: FG Prepares Officers As Trade With China Expands

By Bayo Bernard On Friday September 14, three top officers of the Nigerian Customs Service, NCS alongside the Consul General of the People’s Republic of China in Nigeria, took flight ET900 from the Murtala Muhammed Airport in Lagos, to Addis Ababa, Ethiopia, from where they eventually connected a five-hour hectic flight to Beijing. The officers who were on the trip to the People’s Republic of China, are Aminu Dahiru, coordinator Zone A of NCS, Muhammed Uba Garba, Area Controller of Seme command and Comptroller Baba Abdullahi Musa, Controller Tin can…

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