Business
Customs Intercepts Stolen Tanker In Borno
Officers and men of the Borno/Yobe command of the Nigeria Customs Service (NCS) recently intercepted a stolen articulated petroleum tanker with registration number XT 862 KRD.
our reporter reports that the vehicle was intercepted at Gamboru, a town bordering Nigeria, Cameroun, Niger and the Republic of Chad.
The Comptroller of NCS in the state, Alhaji Mohammed Biu, who paraded the two drivers of the vehicle, told newsmen in Maiduguri that the vehicle was apprehended while trying to cross to Chad.
“After a thorough investigation, the drivers told NCS that the owner of the vehicle employed them to transport it from Lagos to the Republic of Chad on payment of Nl 0,000,” Biu said.
He, however, handed over the vehicle with the drivers to the Divisional Police Officer of Gwange, Maiduguri, Mohammed Idris, a deputy superintendent of police, for further investigation.
Biu appealed to the public to always furnish the command with useful information that would lead to the arrest of people with questionable character at the border areas of the state.
Business
NCAA Certifies Elin Group Aircraft Maintenance

Business
SMEDAN, CAC Move To Ease Business Registration, Target 250,000 MSMEs

Business
Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
-
News4 days ago
Nigeria At 65: With Unity, We Can Overcome Any Obstacle ~ Fubara
-
Sports3 days ago
San Siro on course for demolition after sale to Inter and AC Milan approved
-
Rivers3 days ago
MOSIEND Hails DELGA Chair Over Inclusive Leadership
-
News4 days ago
Fubara Wades Into Emuoha LG, Workers Conflict ….As NULGE Suspends Strike.
-
Sports3 days ago
2026 W/Cup: FIFA Docks Points From S’Africa . Nigeria Still In Jeopardy
-
Rivers3 days ago
VC Reveals Impact Of AI Among Scholars
-
News4 days ago
PENGASSAN-Dangote dispute reduced power generation by 1,100MW, NISO alleges
-
Sports3 days ago
2026 World Cup: FIFPro sounds alarm over ‘extreme’ conditions