Apapa Customs reports N2.93tn revenue in 2025

Nigeria Customs ServiceThe Nigeria Customs Service, Apapa Area Port Command, has stated that it collected a total of N2.93tn as revenue in 2025, representing an increase of N573.2bn compared to the N2.35tn collected in 2024, a 24.3 per cent growth.

“The command collected a total of N2.93tn as revenue in 2025, recording an impressive increase of N573.2bn when compared to N2.35tn collected in 2024, representing a 24.32 per cent growth. The performance reinforces Apapa Command’s position as the nation’s leading revenue hub,” the statement read in part.

The Customs Area Controller in charge of the command, Emmanuel Oshoba, attributed the achievement to effective leadership, disciplined manpower, and the strategic deployment of technology under the guidance of the Comptroller-General of Customs, Adewale Adeniyi.

He also commended compliant stakeholders whose lawful trade practices contributed significantly to the revenue growth.

“A major contributor to the success was the deployment of the Unified Customs Management System, also known as B’Odogwu, which enhanced transparency, efficiency, and accountability in cargo clearance processes. Regular performance reviews and timely revenue recovery measures further strengthened collections,” Oshoba stated.

According to Oshoba, in the area of trade facilitation, the command intensified stakeholder sensitisation following the rollout of the Authorised Economic Operator Programme and expanded the One-Stop Shop initiative to ensure faster processing and release of compliant cargoes.

“Efforts are also at an advanced stage to deploy the FS6000 cargo scanning system, a non-intrusive technology capable of scanning up to 200 containers per hour,” he added.

Oshoba highlighted that the command also recorded enforcement successes, intercepting 53 containers laden with illicit drugs and prohibited items, including cocaine, Canadian loud, tramadol, and expired pharmaceuticals with a duty paid value of N12.6bn.

He added that some of the interceptions in the year 2025 were handed over to relevant agencies such as the National Drug Law Enforcement Agency and the National Agency for Food and Drug Administration and Control for further investigation and possible prosecution.

Oshoba expressed optimism that the command would achieve greater revenue milestones in 2026, driven by deeper implementation of B’Odogwu, AEO, and OSS, stronger intelligence-led enforcement, and expanded collaboration with sister agencies.

He assured stakeholders of enhanced engagement with terminal operators, shipping companies, licensed customs agents, freight forwarders, haulage operators, and the media to promote transparency, compliance, and seamless trade at the nation’s busiest port.

Meanwhile, the Nigeria Customs Service, Seme Area Command, said that from January to December 2025, it collected a total of N15.5bn as revenue, marking a remarkable 117 per cent increase when compared with the N7.1bn collected by the command in 2024.

Announcing this in a statement on Wednesday, the Public Relations Officer of the command, Tunde Ayagbalo, stressed that the command recorded unprecedented revenue milestones in 2025, achieving its highest-ever monthly and annual revenue collections since inception.

Ayagbalo stated that in December 2025 alone, the command collected a historic N3.6bn, “the highest monthly revenue on record.”

He added that the record is attributed to the effective rollout of the One-Stop Shop Initiative by the Comptroller-General of Customs, Adewale Adeniyi, which improves the command’s coordination and trade facilitation for stakeholders.

“From January to December 2025, the command generated a total of N15.5bn only, showing a remarkable 117 per cent increase when compared to N7.1bn recorded in 2024,” Ayagbalo said.

The command’s PRO added that the command also maintained robust anti-smuggling operations, in December 2025, intercepting “685 parcels of cannabis sativa, 495 packs of tramadol, and 2,000 packs of Super Power sildenafil tablets, an excessively high-dosage sexual enhancement drug, through intelligence-led operations, enhanced patrols, risk profiling, and inter-agency collaboration.”

Ayagbalo reiterated that in alignment with the CGC’s directive, the Customs Area Controller in charge of Seme Command, Wale Adenuga, has successfully reduced checkpoints along the Lagos–Abidjan corridor to the two locations approved by the Federal Government, significantly easing legitimate trade, minimising delays, and contributing to the command’s outstanding revenue performance.

Speaking on the achievement, the CAC, Wale Adenuga, warned smugglers that the Seme borders are no longer safe for illicit activities.

“With advanced intelligence, technology, and unwavering vigilance, the officers and men of the command will intercept and prosecute offenders,” he warned.

Jigawa PDP chairmen pass vote of confidence in state leadership, former governor Lamido

The Peoples Democratic Party chairmen across the 27 Local Government Areas of Jigawa State have passed a vote of confidence and support in the leadership of the state chairman, Babandi Gumel, and former governor Sule Lamido.

Following ongoing leadership rifts within the party at the national level, with factions jostling for control and calling for changes in the party’s leadership, the chairmen of the party made their declaration and their position known.

Recall that the PDP Board of Trustees had on Friday announced the suspension of Lamido over allegations of anti-party activities and inflammatory statements during recent internal crises in the party.

The endorsement by the Jigawa chairmen is widely seen as a boost to his standing following the opposition the former governor and a national chieftain of PDP faced from some factions within the party.

The chairmen made their position known during a special meeting held at the party’s state secretariat in Dutse on Tuesday.

The Chairman of the Dutse Local Government Chapter and Forum Chairman, Sa’adu Barwa, while speaking on behalf of the chairmen of the party, explained that they remained firmly committed to the party and its leadership in the state.

He further explained that the PDP chairmen of Jigawa State, reaffirm their allegiance to the party and its leadership, assuring that they will not be swayed by the ongoing crisis within the party.

He urged party members to remain calm, united and focused, stressing that the success of the PDP will depend on collective effort.

The chairmen, according to Barwa, urged all PDP members to remain united and focused on the party’s goals, saying that they will overcome their challenges and emerge stronger.

The Chairman of Hadejia Local Government Area and Vice Chairman of the forum, Adamu Muhd, also described the declaration as a testament to the chairmen’s loyalty to the party.

According to him, “We are committed to working with the state chairman and our national leader to ensure the success of the PDP in Jigawa State.”

Muhd enjoined other party members to emulate the chairmen by standing to show loyalty and support with the party and its leadership, believing that unity was critical to the future of the PDP.

The PDP state chairman, Babandi Gumel, had earlier expressed appreciation to the chairmen for their support and pledged to continue steering the party towards electoral success in the state.

Represented at the meeting by his deputy, Umar Danjani, the chairman reaffirmed the loyalty demonstrated by the chairmen.

The chairman stated that the party appreciated the unwavering support of their chairmen, saying that they will continue to work tirelessly to ensure the success of the PDP in Jigawa State.

The meeting had in attendance prominent PDP stakeholders, including former lawmakers and party leaders, who also expressed support for the party’s leadership

Wike vs Fubara: Rivers crisis will consume APC – Austin Okai makes predictions

A Chieftain of the African Democratic Congress, ADC, Comrade Austin Okai has predicted that the rift between the Minister of the Federal Capital Territory, Nyesom Wike and the Rivers State Governor, Siminalayi Fubara will consume the ruling All Progressives Congress, APC.

Wike and Fubara resumed their face-off recently as the Minister vowed to frustrate the governor’s re-election bid.

Fubara, who is now a member of the ruling party, however, has the backing of some APC top leaders.

But Wike urged the party stalwart to steer clear of Rivers State politics, a comment that triggered war of words between him and national leadership of the ruling party.

Speaking during an interview on TVC News on Tuesday, Okai predicted that the crisis will escalate to other parts of the country.

He said, “Wike did not just attack the APC National Secretary, he attacked the NSA and all of them. For over a decade, the crisis of ruling parties usually starts from Rivers State.

“What you see happening in Rivers will consume APC except the president summons a political courage and call the FCT Minister to order. He has declared that his political survival depends on Rivers State and we don’t know the agreement between him and the president.

“Wike is talking tough even more than the APC National Chairman, NSA and the Chief of Staff to the President. Wike is talking more than the president himself”.

FCT seals orphanage over alleged child trafficking

The Federal Capital Territory Administration has sealed Divine Hope Orphanage and Less Privileged Home in Kagini over allegations of illegal child trafficking and other child welfare violations.

 

The Director of Child Development at the FCT Women Affairs Secretariat, Idris Attah, confirmed the action in an official statement issued on Monday. He said the facility was shut to allow for a thorough investigation into its activities.

 

According to the statement, the proprietress of the orphanage, Grace Ebele Chibuzor, allegedly fled with an unspecified number of children to an unknown location without notifying the Child Development Department of the FCT Women Affairs Secretariat.

 

“This is to inform FCT residents and the general public that Divine Hope Orphanage and Less Privileged Home, Kagini, Abuja, has been sealed with effect from Monday, January 5, 2026, pending the outcome of investigations into its activities concerning children,” the statement said.

 

Preliminary investigations have linked the orphanage to a recent case involving four siblings who were allegedly taken from Ado in Nasarawa State and moved to Gwagwalada in the FCT.

The children, Joefreey Kasal Asoja, 11, David Mtsewe Asoja, 7, Joy Elsan Asoja, 4, and Joseph Asoja, 2, were reunited with their biological parents on Monday.

 

Further findings also revealed an alleged connection between the orphanage and Anderson Archibong, the Executive Secretary of the National Council of Child Rights Advocates of Nigeria, who is currently at large.

 

Authorities suspect that this relationship may have facilitated the illegal movement of children from states such as Benue and Nasarawa into Abuja for unauthorised fostering and adoption.

 

Attah urged members of the public with useful information on the whereabouts of the missing children or suspects to report immediately to the nearest security agency.

INEC resumes nationwide voter registration

The Independent National Electoral Commission (INEC) has resumed the nationwide Continuous Voter Registration (CVR) exercise, marking the commencement of the second phase of the process.

The exercise resumed on Monday after the first phase ended on December 10, 2025. INEC had earlier opened online pre-registration on August 18, 2025, before commencing physical registration at centres nationwide on August 25, 2025.

According to the commission, 9,891,801 Nigerians began the online pre-registration during the first phase.
However, only 2,572,054 people completed their registration nationwide as of November 28, 2025. This figure comprises 1,503,832 online registrations and 1,068,222 registrations conducted physically at registration centres.

INEC explained that the interval between the two phases was used to carry out statutory activities, including the display of the voters’ register for public scrutiny.

“In line with Section 19 of the Electoral Act 2022, the voters’ register was displayed for claims and objections from December 15 to 21, 2025, at local government offices where the CVR was conducted,” the commission said.

IG deploys newly promoted DIG, 17 CPs

Inspector-General of Police, Kayode EgbetokunThe Inspector-General of Police, Olukayode Egbetokun, has approved the deployment of the newly promoted Deputy Inspector-General of Police, Mohammed Gumel, alongside 17 Commissioners of Police to strategic departments, commands and formations across the country.

A statement issued on Tuesday by the Force Public Relations Officer, Benjamin Hundeyin, said the deployment was aimed at strengthening operational capacity, enhancing leadership effectiveness and improving public safety nationwide.

According to the statement, DIG Gumel has been posted to head the Force Intelligence Department.

It added that Aina Adesola has been deployed to the Delta State Police Command, Umar Hajedia to the Kebbi State Police Command, and Iyamah Edobor to the Bayelsa State Police Command.

“Others include CP Osagie John Agans-Irabor as Commissioner of Police, Anti-Human Trafficking Unit, FCID Annex, Lagos; CP Johnson Babalola as Commissioner of Police, Special Enquiries Bureau, FCID, Abuja; CP Adepegba Adetoye as Commissioner of Police, Marine Unit, Force Headquarters, Abuja; CP Tabitha Bako as Deputy Commandant, Police College, Kaduna; CP Umar Fagge as Deputy Commandant, Police College, Ikeja; CP Audu Bosso as Commissioner of Police, General Investigation, FCID Annex, Kaduna; CP Edwin Ogbeghagha as Commissioner of Police, Community Policing, Force Headquarters, Abuja; and CP Arikpo Ikpi as Commissioner of Police, Investment Office, Department of Logistics and Supply, Force Headquarters, Abuja,” the statement said.

Others deployed include Cyril Obiozo as Commissioner of Police, Maritime Command, Lagos; Samuel Yerima as Coordinator of Courses, Police Staff College, Jos; Alhaji Danlandi as Commissioner of Police, X-Squad, FCID Annex, Kaduna; Richard Gara as Commissioner of Police, Inspectorate, Department of Training and Development, Force Headquarters; Lasisi A. Titilola as Commissioner of Police, Railway Command, Lagos; and Obuagbaka John as Commissioner of Police, Safer Highway, Department of Operations, Force Headquarters, Abuja.

Hundeyin said the Inspector-General urged the newly deployed officers to provide result-oriented leadership, uphold professionalism and integrity, and ensure strict adherence to the rule of law.

Among them were one Assistant Inspector-General of Police elevated to the rank of Deputy Inspector-General of Police, seven Commissioners of Police promoted to Assistant Inspectors-General of Police, and 13 Deputy Commissioners of Police promoted to substantive Commissioners of Police, among others.

NiMet predicts three-day nationwide haze, sunshine

NiMet

The Nigerian Meteorological Agency (NiMet) has predicted haze and sunshine from Wednesday to Friday across the country.

‎NiMet’s weather outlook released on Tuesday in Abuja envisaged sunny and hazy skies over the northern region throughout the forecast period.

According to the agency, sunny and hazy skies are anticipated over the region throughout the forecast period.

‎It anticipated sunny skies over the southern region with patches of clouds over the region and chances of isolated thunderstorms accompanied with light rains over parts of Bayelsa, Rivers, Akwa Ibom, and Cross River states later in the day.

‎”For Thursday, sunny and hazy skies are expected over the northern and central regions during the forecast period while sunny skies with patches of clouds are anticipated over the southern region.

‎”Chances of thunderstorms with ‎light rains are expected over parts of Ogun, Lagos, Rivers, Bayelsa, Akwa Ibom, and Cross Rivers states during the morning hours.

‎”Later in the day, thunderstorms are anticipated over parts of Ondo, Ogun, Imo, Delta, Cross River, Akwa Ibom, Rivers and Bayelsa states,” it said.

According to NiMet, sunny and hazy skies are expected over the northern region on Friday during the morning hours with dust haze over the region during the afternoon and evening periods.

The agency envisaged sunny and hazy skies over the central region during the forecast period.

NiMet predicted cloudy skies over the southern region with sunny intervals over the region in the morning hours with chances of ‎isolated thunderstorms and light over parts of Anambra, Imo, Abia, Edo, Bayelsa, Delta, Cross River, Akwa ‎Ibom and Rivers states.

“Dust particles are in suspension over the North central region; the public should take necessary precaution.

NiMet advised people with asthmatic health condition and other respiratory issues to be take heed of the present weather condition.

‎”Driving under rain should be with caution. Airline operators are advised to get airport-specific weather reports (flight documentation) from NiMet for effective planning in their operations.

‎”Residents are advised to stay informed through weather updates from NiMet. Visit our website www.nimet.gov.ng,” it said.

Consumers pay N1.13tn electricity bill despite blackouts

National gridElectricity distribution companies in Nigeria collected a total of N1.13tn in revenue from their customers over the six months spanning the second and third quarters of 2025 (April to September), according to detailed monthly performance data from the Nigerian Electricity Regulatory Commission.

This is despite repeated complaints of low power supply among electricity consumers and incessant cases of blackouts in many locations nationwide.

During the period under review, the national power grid suffered a total collapse, plunging customers into darkness. At the same time, GenCos (power generation companies) reported a reduction in power generation due to the low gas supply to power plants as a result of unpaid debts.

Despite this, the NERC report on monthly revenue performance and collection efficiency, covering the 11 DisCos, stated that the total revenue collected by all DisCos in 2025/Q3 was N570.25bn out of the N706.61bn that was billed to customers.

This translates to a collection efficiency of 80.70 per cent. In comparison, the total revenue collected by all DisCos in 2025/Q2 was N564.71bn out of the N742.34bn billed to customers, which translated to a 76.07 per cent collection efficiency.

The summation of both quarters indicates that power users paid N1.13tn to the distribution companies as electricity bills for the six months. This means that at an aggregate level, DisCos recorded a 4.63 pp increase in collection efficiency between 2025/Q2 and 2025/Q3.

In 2025/Q3, Ikeja DisCo recorded the highest collection efficiency of 100 per cent, while three other DisCos recorded collection efficiencies greater than 80 per cent: Eko, 88.74 per cent; Benin, 86.44 per cent; and Abuja, 81.60 per cent. Conversely, Kaduna DisCo recorded the lowest collection efficiency at 45.67 per cent.

A comparison of DisCos’ performance shows that Ikeja (+17.58 percentage points), Port Harcourt (+8.83 pp), Yola (+8.72 pp), Abuja (+5.24 pp), Jos (+4.90 pp), Eko (+0.94 pp), and Benin (+0.89 pp) DisCos recorded improvements in collection efficiency between 2025/Q2 and 2025/Q3.

Conversely, the remaining four DisCos recorded declines in collection efficiency, with Kaduna (-2.70 pp) and Ibadan (-1.34 pp) DisCos having the most significant declines across the quarters.

From April to June 2025, N564.67bn was collected, translating to N197.08bn in April, N188.70bn in May, and N178.89bn in June. In the third quarter, when revenue grew to N570.28bn, a sum of N190.52bn was recovered in July, N187.47bn in August, and N192.29bn in September.

The six-month total of N1.13tn reflects a modest increase in absolute collections from Q2 to Q3, despite a decline in total billing between the two quarters. This contributed to the overall improvement in collection efficiency by 4.63 percentage points in Q3 compared to Q2.

The data underscores ongoing efforts by DisCos to enhance revenue recovery amid challenges such as estimated billing, energy theft, and infrastructure constraints. Collections in September 2025 (N192.29bn) represented the highest monthly figure in the period, indicating some stabilisation.

Individual DisCo performances varied widely, with urban-based operators like Ikeja exceeding 100 per cent efficiency in Q3 due to possible legacy recoveries and Eko leading in recovery rates, while northern DisCos such as Kaduna, Jos, and Kano lagged significantly.

“In 2025/Q3, energy accounting and collection efficiencies increased by 1.37 pp and 4.63 pp, respectively, compared to 2025/Q2. Based on historical trends, this increase in efficiencies across the two quarters can be attributed to the decreased energy offtake (-6.08 per cent) during the quarter compared to 2025/Q2.

“It has been observed that there is an inverse relationship between DisCos’ energy offtake and their energy accounting/collection efficiencies. Typically, when DisCos take less energy, they often prioritise areas where they record historically lower energy accounting and collection inefficiencies.

NERC noted that accurate metering is needed to boost collection efficiencies. “The most proven methods to improve energy accounting and revenue recovery are accurate customer enumeration and the installation of end-use customer meters.

“The commission issued the order on the operationalisation of Tranche A of the Meter Acquisition Fund in 2024/Q2. The Order directed DisCos to utilise the first tranche of disbursement from the MAF scheme to procure and install meters for unmetered Band A customers within their franchise areas.

“The first tranche of MAF ended in June 2025 and recorded a total meter installation of 107,461 for Band A customers. Subsequently, the commission issued the Order on the operationalisation of MAF tranche B in September 2025, and the Order provides that DisCos could utilise N28bn out of the funds that have accrued in the MAF for the metering of Bands A and B customers in their franchise area,” the report added.

UBA closes rights issue, raises N157.84bn

United Bank for Africa PlcUnited Bank for Africa has successfully closed its rights issue, raising N157.84bn after the exercise was fully subscribed, the bank announced on Wednesday.

The rights issue offered 3,156,869,665 ordinary shares at N50 per share, on the basis of one new share for every thirteen existing shares held by shareholders on the register as of 16 July 2025.

At the close of the acceptance list on 19 September 2025, UBA initially received 6,404 applications for 4.13bn shares valued at N206.74bn. Following scaling adjustments by shareholders, the final allotment amounted to 3.16bn shares worth N157.84bn, representing 100 per cent subscription of the rights issue.

A breakdown of the subscriptions shows that 6,404 valid applications were received for 3.57bn shares valued at N178.3bn, while 568.7m shares valued at N28.43bn were deemed invalid. Full acceptances accounted for 453.58m shares, and partial acceptances totalled 135.27m shares, resulting in 190.93m shares partially renounced.

During the exercise, a total of 2,568,006,215 shares were renounced and reallocated. Applications for additional shares amounted to 2.98bn shares valued at N148.86bn, of which 2.57bn shares valued at N128.4bn were allotted, following a scale-down by one shareholder.

The Securities and Exchange Commission has cleared the basis of allotment. The PAC Registrars and Investor Services Limited will credit the CSCS accounts of allottees by Friday, 16 January 2026, while surplus subscription monies will be returned by Tuesday, 13 January 2026. Shareholders without CSCS accounts will have shares credited using a Registrar Identification Number in line with SEC directives on dematerialisation of share certificates.

The successful rights issue highlights strong investor confidence in UBA and provides additional capital to support the bank’s operations and expansion initiatives across Africa.

NGX gains N468bn as New Year rally persists

NGXThe Nigerian Exchange extended its positive momentum in the new trading year on Tuesday, as sustained buying interest across key stocks lifted total market capitalisation by about N468bn, reinforcing investor optimism and consolidating the market’s position above the N100tn milestone.

At the close of trading, total equities market capitalisation rose to N102.28tn from N101.81tn recorded in the previous session, reflecting a 0.46 per cent increase in market value within one trading day. The gain underscores continued bullish sentiment following the strong opening to the 2026 trading year.

The All-Share Index advanced by 0.46 per cent, adding 732.86 points to close at 159,951.08 points, compared with 159,218.22 points on Monday. The performance pushed the market’s year-to-date return to 2.79 per cent, highlighting a firm start to the year amid renewed portfolio positioning by investors.

Market activity showed notable improvement, with a total of 758.93m shares exchanged in 54,199 deals, valued at N19.83bn. Compared with the previous trading day, trading volume increased by 9 per cent, while turnover rose by seven per cent, despite a four per cent decline in the number of deals executed.

The increase in volume and value points to stronger participation by investors, particularly in actively traded stocks, even as transactions were concentrated in fewer but larger trades.

In aggregate, 130 listed equities participated in trading during the session. Market breadth closed positive, with 65 gainers against 21 losers, indicating broad investor participation and a generally upbeat sentiment across the market.

Meyer Plc topped the gainers’ chart, appreciating by the maximum 10 per cent to close at N14.30 per share. Jaiz Bank Plc followed with a 10 per cent gain, while Associated Bus Company Plc rose by 9.98 per cent. Multiverse Mining and Exploration Plc also posted strong performance, advancing by 9.94 per cent.

On the losing side, Aluminium Extrusion Industries Plc recorded the steepest decline, shedding 9.96 per cent to close at N21.70 per share. Learn Africa Plc fell by 9.16 per cent, and Oando Plc declined by 7.69 per cent, while United Bank for Africa Plc lost 6.22 per cent.

Trading by volume was led by Linkage Assurance Plc, which recorded 51.6m shares traded. Sterling Bank Plc followed with 49.1m shares, while Access Holdings Plc and Mutual Benefits Assurance Plc recorded volumes of 48.7m and 34.7m shares, respectively.

Market performance during the session was driven largely by activity in heavyweight stocks, including MTN Nigeria Communications Plc, Access Holdings Plc, Guaranty Trust Holding Company Plc, Zenith Bank Plc, and United Bank for Africa Plc, which together accounted for a significant share of market turnover and index movement.

Overall, the equities market closed the session bullish, extending the early-year rally and keeping total market capitalisation comfortably above N100tn. Analysts note that the sustained gains reflect renewed investor confidence, selective bargain hunting, and positioning ahead of expected corporate earnings releases and macroeconomic developments.

Meanwhile, broader market indicators remained supportive. At the close of trading, Brent crude oil traded at $61.82 per barrel, while gold stood at $4,418.82 per ounce on the international commodities market, providing additional context for global risk sentiment.

With market capitalisation now at N102.28tn and trading activity strengthening, the NGX appears set to maintain positive momentum in the early days of 2026, barring any adverse macroeconomic or policy shocks.