Business
FG Declares State Of Emergency At Onne Port Over Arms Importation
The Federal Government has declared a state of emergency at the Onne Port in Rivers State following the repeated incidents of importation of dangerous cargo, including arms and ammunition through this port.
The Comptroller General of Customs, Bashir Adeniyi made this announcement during a press conference to disclose the seizures of illegal goods by Nigeria Customs Service, Area 2 command, Onne, in Eleme Local Government Area of Rivers State on Wednesday.
To this effect, the government said it is immediately implementing emergency protocols at Onne Port for the next three months by conducting thorough examinations of all suspected containers in the premises.
Adeniyi, said the recurring happenings pose a peril to national safety and the health of citizens as the Onne Port is increasingly being used as a destination for dangerous and illicit cargo, characterizing it as a disturbing trend.
READ ALSO: Two Suspected Smugglers Remanded For Attacking Customs With Charms
Adeniyi noted, “Earlier today, I joined numerous stakeholders to take a significant step towards the cause of trade facilitation through the inauguration of upgraded facilities provided by the West Africa Container Terminal, Onne.
“As I express delight that trade facilitation is getting traction in Onne Port, I cannot help but call your attention to a grave concern. This has to do with the repeated incidents of national security breaches unfolding in Onne Port. I appreciate your presence, as we all have a shared responsibility in safeguarding our national security.
“As we are all aware, the policy thrust of Mr President supports the re-energising of our business environment to drive faster import clearance and grow our capacity for exports, Our emphasis has been to promote initiatives that speak to trade facilitation and economic development.
“It is a matter of regret that criminal elements in the international supply chain are exploiting our pro-trade stance to commit atrocities bordering on national security breaches
He further stated “The attempts to test our will through the importation of dangerous cargo through this port has necessitated the declaration of a state of emergency in Onne Port, coming on the heels of a seizure of a huge cache of arms a couple of months ago.
“It is disheartening that perpetrators have not backed down on their illegal acts.
He ensured Nigerians that the NCS will persist in being a formidable force in the fight against smuggling and the illicit importation of harmful goods, saying, “We will remain steadfast in our duties to ensure that our nation remains a safe place for all to thrive.”
Business
Naira Records Massive Appreciation Against US Dollar Into Christmas Holidays
The Naira gained massively against the United States dollar in the last three days at the official foreign exchange as trading ended for the Christmas holidays.
Central Bank of Nigeria data showed that the Naira strengthened further on Wednesday to N1,443.37 per dollar, up from N1,449.99 on Tuesday.
This means that since Monday this week, the Naira has recorded a significant N13.18 gain against the dollar, according to the apex bank data.
READ ALSO:Naira Records Depreciation Against US Dollar Across Official, Black Markets
Similarly, at the black market, the Naira traded on Wednesday at N1,490 per dollar, an appreciation from the N1,500 exchanged on Monday but the same rate as on Tuesday.
The uptrend comes amid the rise in the country’s external reserves to $45.24 as of December 23rd, 2025.
DAILY POST reports that the Naira gained against the dollar at the official market on Monday and Tuesday.
Business
Report Any MRS Filling Stations Selling Fuel Above N739 Per Liter — Dangote Refinery To Nigerians
Dangote Refinery has urged Nigerians to report any MRS filling station outlets nationwide selling fuel above the N739 per liter announced price.
The company disclosed this in a statement on Sunday.
The refinery insisted that its petrol being at retail outlets remain N739 per liter while the gantry price is N699.
It further called on other filling station owners to patronize its refined petroleum products at the N699 rate.
“We also call on other petrol station operators to patronize our products so that the benefits of this price reduction can be passed on to Nigerians across all outlets, ensuring broad-based relief and a more stable downstream market.”
READ ALSO:Dangote Sugar Announces South New CEO
Recall that Aliko Dangote, the president of Dangote Refinery, had pegged the retail price of his petrol at a maximum of N740.
DAILY POST reports that MRS filling and other filling stations had reduced fuel prices to between N739 and N912 per liter in Abuja.
However, reports emerged that some MRS filling stations were selling above the N739 per liter announced price benchmark.
Business
Naira Records Significant Appreciation Against US Dollar
The Naira recorded significant appreciation against the United States dollar on Monday at the official foreign exchange market to begin the week ahead of Yuletide on a good note.
The Central Bank of Nigeria’s data showed that the Naira strengthened to N1,456.56 per dollar on Monday, up from N1,464.49 traded on Friday last week, 19th December 2025.
This means that the Naira gained N7.93 against the dollar when compared with the N1,464.49 was exchanged as of Friday, December 19, 2025. DAILY POST reports that Monday’s gain at the official FX market is the first since December 15th.
READ ALSO:
Meanwhile, at the black market, the Naira remained stable at N1500 per dollar on Monday, according to multiple Bureau De Change operators in Wuse Zone 4, Abuja.
The development comes as the country’s external reserves stood at $44.66 billion as of last week Friday.
Metro5 days agoFintiri Pardons Man Sentenced To Death For ‘Killing Herdsman In Self-defence’, Others
- News4 days ago
FULL LIST: Churches That Don’t Celebrate Christmas
- News4 days ago
JUST IN: Kano Lawmaker, Sarki Aliyu Daneji, Dies Hours After Colleague’s Passing
- Metro5 days ago
Petrol Tanker Crashes Into Akpabio’s Convoy, Kills Police Dispatch Rider
- Headline3 days ago
JUST IN: US Forces Bomb Terrorists Camps In Nigeria
- Business5 days ago
Naira Records Significant Appreciation Against US Dollar
- News3 days ago
Okpebholo Slams ₦25bn Libel Suit On Edo PDP Chairman
- Politics5 days ago
PDP Crisis: INEC Rejects Turaki-led NWC
- News4 days ago
OPINION: The Day Friendship Died
- Headline2 days ago
US Dept Of War Shares Video Of Air Strikes In Nigeria
