Customs, World Bank Conclude Post-Clearance Audit Reform Mission

Customs, World Bank Conclude Post-Clearance Audit Reform Mission

By Zainab Uzomah|Abuja The Nigeria Customs Service (NCS) and the World Bank Group have concluded a two-week technical assistance mission aimed at strengthening Post Clearance Audit (PCA) operations and improving revenue assurance, compliance management and trade facilitation. The programme, conducted under the World Bank's Accelerated Revenue Mobilisation Reform (ARMOR) initiative, held from June 1 to 12 and focused on modernising customs audit practices in line with international standards. Speaking at […]

June 22, 2026 10

NEWS

Customs, World Bank Launch Audit Capacity-Building Programme

By Zainab Uzomah| Abuja The Nigeria Customs Service (NCS), in partnership with the World Bank Group, has commenced a two-week technical assistance mission aimed at strengthening its Post Clearance Audit (PCA) system to improve revenue assurance, compliance management and trade facilitation. The programme, being held at the Customs Headquarters in Abuja under the Accelerated Revenue Mobilisation Reform (ARMOR) Programme, will run from June 1 to June 12. Speaking at the […]

June 8, 2026 13

NEWS

FG, World Bank Launch SPIN Project to Boost Irrigation, Power, and Food Security in Nigeria

By Toffa Momoh | Abuja The Federal Government, in collaboration with the World Bank, has launched the Sustainable Power and Irrigation for Nigeria (SPIN) Project aimed at strengthening irrigation development, improving dam safety, and expanding sustainable power generation to boost food security and economic growth across states in the country. Speaking at the official flag-off and the second meeting of the project’s Steering Committee in Abuja on Tuesday, the Minister […]

March 11, 2026 32

NEWS

First Bank -Army move to deepen partnership for greater operational efficiency

By Zainab Uzomah|Abuja The Chief of Army Staff says stronger collaboration between the military and the financial sector is vital for sustaining national security and economic stability. According to a statement signed by the Acting Director of Army Public Relations, Appolonia Anele, Lieutenant General Waidi Shaibu made the remarks on Thursday while receiving the Group Managing Director and Chief Executive Officer of FirstBank Group, Olusegun Alebiosu, during a courtesy visit […]

February 27, 2026 25

NEWS

Army aviation expansion vital to Nigeria’s security strategy, says army chief

The Chief of Army Staff says the expansion of the Nigerian Army’s aviation wing is a key part of efforts to counter the country’s evolving security threats. Lieutenant General Waidi Shaibu spoke in Abuja on Thursday during a visit by the Permanent Secretary of the Ministry of Defence, Richard Pheelangwa, to Army Headquarters. He said sustained policy support and predictable funding were essential to fully harness the operational impact of […]

February 27, 2026 71

NEWS

Tinubu Appoints IBB’s Son as Bank of Agriculture Chairman

President Bola Ahmed Tinubu has approved the appointment of Muhammad Babangida, son of former military President Ibrahim Babangida, as the Chairman of the newly revamped Bank of Agriculture (BOA). The announcement was made in a statement issued by Bayo Onanuga, Special Adviser to the President on Information and Strategy. According to Onanuga, Babangida's appointment is among several others approved by the President, which include seven other chairmen and heads of […]

July 18, 2025 56

NEWS

World Bank may approve $500m loan to Nigeria today

The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday) to boost rural access and agricultural marketing in the country, The PUNCH reports. According to information obtained from the Washington-based institution on Thursday, the loan is for the Rural Access and Agricultural Marketing Project—Scale Up. It is designed to bridge the gap between rural communities and the broader […]

December 13, 2024 117

BUSINESS

Customers drag First Bank over frequent debits

Some customers of First Bank Plc have taken to social media to drag the bank over what they described as unnecessary debits from the money-keeping giant. In several reactions on their Facebook page, @First Bank of Nigeria Limited on Sunday, the customers expressed their frustration over uncountable debits from the bank in the last two weeks. One of the customers, Udoh Blessing, who reacted to the bank’s latest post on […]

September 30, 2024 95

BUSINESS

UPDATED: World Bank okays $1.57bn loan for Nigeria

The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to support the Federal Government in strengthening human capital through better health for women, children and adolescents. It added that the approved projects would also help build resilience to the effects of climate change, such as floods and drought, by improving dam safety and irrigation. […]

September 30, 2024 109

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