General News
Nipost Retunes Guidelines for Couriers’ Registration
Nigeria Postal Service (Nipost) has released its updated rules to guide companies and individuals seeking to register courier firms in the country.
Under the new guidelines tagged “Courier Registration”, exclusively obtained by Nigeria CommunicationsWeek, Nipost through the Courier Regulatory Department (CRD) has included the new licensing and renewal fees.
By implication, companies or individuals seeking to float courier firm would henceforth forward application form to the Senior Assistant Postmaster General, CRD, with the licence fee, in bank draft of N2 million for domestic or national operation, or N10 million for international courier operations. This goes with a non-refundable fee of N20, 000.
The document added, “Note that the non-refundable licence fee should be payable to the Postmaster General”.
Thereafter, the inspection team from CRD would visit at least five branches and head office of the prospective courier operator; the success of the inspection entitles the prospective operator to new courier licence.
Under the new fee regime, Nigeria CommunicationsWeek recalled that renewal fee is pegged at N500,000 for domestic operators while their international counterparts are to dole out N2 million.
Other information and/or evidence required from the prospective companies include, but limited to Certified True copy of Certificate of Incorporation; Memorandum/Articles of Association; Company’s Tax Clearance for the last three years (originals to be sighted); Leasehold Certificate or Tenancy Agreement in respect of the company’s registered office and Evidence or information to show capacity to operate courier service including but not limited to indemnity insurance policy of Five Hundred Thousand Naira, capital base of Two Million Naira or a bond of that value.
Others are Names, qualifications and addresses including telephone and/or fax numbers of all Directors of the company; Samples of waybills, labels, bags, tags envelopes, receipts registered trade mark (if any) and other documents that may be required and Partnership, merger, alliance (or such other arrangements) agreements (if any).
Dr. Simeon Emeje, senior assistant postmaster general and head of CRD, had told Nigeria CommunicationsWeek that the new fees are in accordance with the trends of the time, adding that the department is working assiduously to ensure courier industry in Nigeria is properly regulated and in consonance with international best practices.
According to him, with a postal commission highly expected to come on board, courier industry would heave sigh of relief soon, especially in addressing multifaceted issues confronting operators currently.
“The new licencing and renewal fees reflect the current trends in the economy and Nipost is reviewing the fees after 12 years.
“On the courier operators’ challenges, we have had several discussions with them and the complaints are not far from multiple taxations through stickers by local governments, the issue of Lagos traffic law, etc. We hope that with a new Postal Commission coming on board would not just modulate operations in the industry, but it will harness tools of engagement that will enable government at different levels see reasons with the courier operators,” he said
General News
Nigeria Police suspends tinted glass permit enforcement over court injunction

Nigeria Police Force has suspended nationwide enforcement of its tinted glass permit policy, hours before its scheduled rollout, in compliance with a Delta State High Court order.

Tinted glass permit
The policy, set for January 2, 2026, aimed to curb vehicle-related crimes but faced legal challenge from a private citizen against the Inspector-General of Police, the force, and Delta Police Commissioner.
An ex parte injunction issued in December 2025 restrained enforcement pending suit determination, prompting the hold announced by spokesperson Benjamin Hundeyin on January 1.
Police entered appearance, filed preliminary objections, and sought injunction vacation; hearing adjourned to January 20, 2026.
The Nigerian Bar Association condemned initial police plans as “executive recklessness,” accusing disregard for rule of law, while police insisted no permanent bar existed on statutory duties.
IGP Kayode Egbetokun reiterated adherence to law while prioritising public safety via intelligence-led strategies during proceedings.
General News
NDIC Reinforces Full Oversight Compliance to Safeguard Depositors

Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC has consistently remitted the required percentage of its earnings to the Federal Government.

Mr. Sunday made this known during a courtesy visit to the Managing Director/Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, as part of NDIC’s ongoing engagement with key stakeholders following his formal assumption of office in July 2025.
According to him, NDIC takes financial accountability and transparency seriously, stressing that the Corporation complies fully with statutory remittance obligations, including the payment of 20 per cent of gross earnings or 80 per cent of net surplus to the Federal Government, as applicable. He added that NDIC also submits its financial statements ahead of statutory deadlines.
The NDIC MD/CE explained that this culture of compliance aligns with the Corporation’s role as a key institution within Nigeria’s financial safety-net, charged with protecting depositors and promoting confidence in the banking system. He emphasized that adherence to fiscal discipline remains central to NDIC’s credibility and effectiveness.
Mr. Sunday further disclosed that NDIC also complies with the Federal Government’s 50 per cent cost-to-income ratio policy, although he noted that the policy poses operational constraints. He explained that the deductions affect NDIC’s ability to build a strong Deposit Insurance Fund, which is needed to respond effectively to bank failures.
He stressed that international best practices under the Core Principles for Effective Deposit Insurance issued by the International Association of Deposit Insurers (IADI) require deposit insurers to maintain adequate funds to reimburse depositors when banks fail without recourse to government, adding that the NDIC is seeking an exemption to strengthen its capacity in this regard.
Mr. Sunday described MOFI as a critical stakeholder, noting that the Federal Government, through MOFI, holds a 40 per cent equity stake in NDIC. He said sustained collaboration with MOFI is essential to ensuring that NDIC continues to meet its obligations to government while effectively safeguarding depositors’ funds.
In his remarks, Dr. Takang commended the NDIC for its exemplary collaborative spirit and acknowledged the Corporation’s compliance with fiscal regulations. He assured that MOFI would continue to engage the Federal Ministry of Finance on NDIC’s behalf, noting that a strong NDIC is vital to sustaining confidence in Nigeria’s financial system.
Both institutions reaffirmed their commitment to continued cooperation, transparency and accountability, with Mr. Sunday reiterating that NDIC remains focused on balancing regulatory compliance with its overriding mandate of depositor protection and financial system stability.
General News
T2 Backs Youth Excellence as NCBC Wins Bosun Tijani Foundation Basketball Tournament

T2 has reaffirmed its commitment to youth development and excellence through sport as the NCBC basketball team, adopted by the brand, emerged champions of the Bosun Tijani Foundation Youth Basketball Tournament held at the Alake Sports Complex, Ijeja, Abeokuta.

The tournament, organised by the Bosun Tijani Foundation in collaboration with the Ogun State Government and supported by several partners including T2, brought together 12 competitive teams from across Nigeria, positioning basketball as a powerful platform for youth engagement, discipline, and opportunity.
NCBC’s championship run reflected the values T2 seeks to champion, work ethic, intelligence, teamwork, and resilience. The team recorded commanding victories over Team Vision, Warlords, and Elevate before defeating the Ilupjeu Raiders 66–52 in a gripping final.
Commenting on the adoption of the team, Seni Ogunkola, Vice President, Brands and Communication, T2 stated “NCBC embodies the qualities we believe in, exceptional work rate, intelligence on the ball, discipline, and a hunger to excel. By supporting them, T2 is investing in potential, purpose, and the next generation of leaders on and off the court.”
The climax of the event saw His Royal Highness, Oba Adedotun Gbadebo, the Alake of Egbaland, alongside Nigeria’s Minister of Communications and Digital Economy, Bosun Tijani, present the trophy to the victorious team, drawing rapturous applause from spectators. The event was also attended by the Chief of Staff to Ogun State Governor Dapo Abiodun, Mr. Lere Olayinka, and the Ogun State Commissioner for Sports, Honourable Wasiu Isiaka, underscoring strong institutional support for youth-focused initiatives.
Through its participation in the tournament, T2 continues to position itself as a brand that goes beyond sponsorship, championing platforms that unlock talent, inspire ambition, and create lasting social impact for Nigerian youth.
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