NEWS UPDATE

  • Customs announces lower tariffs on imported vehicles, sets ₦11tn revenue goal
    by Sharon Eboesomi on July 7, 2026 at 6:27 am

    The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has told lawmakers that the import duty on used vehicles has been reduced from 15 per cent to five per cent. In comparison, the rate for new vehicles has been cut from 20 per cent to 10 per cent. The post Customs announces lower tariffs on imported vehicles, sets ₦11tn revenue goal appeared first on Premium Times Nigeria.

  • HBM Nigeria appoints Fatima Akilu, Nella Andem-Ewa as non-executive directors
    by Omotoyosi Idowu on July 6, 2026 at 7:09 pm

    The appointments follow the resignation of Adenike Ogunlesi, an Independent Non-Executive Director, and Elenda Osima-Dokubo, a Non-Executive Director, whose exits took effect on 30 June. The post HBM Nigeria appoints Fatima Akilu, Nella Andem-Ewa as non-executive directors appeared first on Premium Times Nigeria.

  • Federal workers demand N300,000 minimum wage, payment of outstanding arrears
    by Emmanuel Azubuike on July 6, 2026 at 2:33 pm

    The Federal Workers Forum (FWF) has called on the Federal Government to approve a N300,000 national minimum wage, while also demanding the immediate payment of outstanding wage awards, salary arrears and other worker entitlements. The post Federal workers demand N300,000 minimum wage, payment of outstanding arrears appeared first on Nairametrics.

  • Xenophobia: FG issues final evacuation call for Nigerians in South Africa
    by Samuel Daniel on July 6, 2026 at 11:24 am

    Nigeria's Minister of Foreign Affairs, Ambassador Bianca Odumegwu Ojukwu, has issued a final call for Nigerian nationals in South Africa to register for the Federal Government's chartered evacuation flights. The post Xenophobia: FG issues final evacuation call for Nigerians in South Africa appeared first on Nairametrics.

  • SEC clears KoinKoin, GIGX, Blockvault, other VASPs for incubation programme
    by Ripples Nigeria on July 5, 2026 at 8:53 am

    The Securities and Exchange Commission (SEC) of Nigeria has cleared Koinkoin Global Network Limited, GIGX Technologies, Blockvault Custodian Ltd, and six other Virtual Asset Service Providers (VASPs) into its Accelerated Regulatory Incubation Programme (ARIP). The SEC granted the nine entities Approval-in-Principle, allowing them to begin operation within its regulatory sandbox. The Commission which made the The post SEC clears KoinKoin, GIGX, Blockvault, other VASPs for incubation programme appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

  • Nigerian govt reduces import duties on essential goods
    by Ripples Nigeria on July 2, 2026 at 9:50 am

    The Federal Government has announced sweeping reductions to import duties on essential goods, from food staples to passenger vehicles. The new rates aimed at combating the rising cost of living in the country take effect this July The 2026 Fiscal Policy Measures (FPM) was approved by Finance Minister and Coordinating Minister of the Economy, Taiwo The post Nigerian govt reduces import duties on essential goods appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.