NCAA orders airlines to comply $10,000 currency declaration rule

The Nigeria Civil Aviation Authority has ordered all international airlines flying into Nigeria to comply with the $10,000 currency declaration rule. The authority said the rule is required for passengers to declare cash or negotiable instruments above the limit, as part of efforts to strengthen anti-money laundering compliance. According to the NCAA, the directive, referenced […]

Benue Assembly demands action over murder of indigene at Obudu in Cross River

The Benue State House of Assembly Tuesday condemned the killing of Ternenge Ikpanor, an indigene of Mbaduku Vandeikya Local Government Area by a mob at Obudu, Cross River State. They equally called on the State Governor Hyacinth Alia to liaise with his Cross River State counterpart Bassey Otu to bring a lasting solution to the […]

CBN retains interest rate at 27.5% in latest policy

The Monetary Policy Committee of the Central Bank of Nigeria CBN has retained the Monetary Policy Rate at 27.5 percent. The MPR is used to benchmark interest rates in the country and the decision is the third time the regulator is retaining the MPR in 2025. The Governor of the apex bank, Olayemi Cardoso, announced […]

Livestock ministry will boost Nigeria’s economic potential says Akume

The Secretary to the Government of the Federation (SGF), Senator George Akume, CON, has said the establishment of the Ministry of Livestock Development by the Asiwaju Bola Ahmed Tinubu administration underscores its commitment to tapping into the vast economic potential of the livestock sector. Speaking at the Annual Blueprint Impact Series and Awards Ceremony in […]