With the revocation, CAC said all assets of the companies should be transferred to the parent company, NIPOST.
The Federal Government may soon put up for sale its majority shares in the country’s satellite company, Nigeria Communications Satellite Limited (NIgComSat).
The Nigerian Postal Service (NIPOST) is seeking to collaborate with the Federal Ministry of Interior to use its facilities for the delivery of international passports and other critical documents.
The newly appointed Postmaster General of the Federation and Chief Executive Officer, Nigerian Postal Service (NIPOST), Tola Odeyemi, has vowed to turn the Service into a world-class e-commerce and logistics hub.
President Bola Ahmed Tinubu has reinstated Honorable Sunday Adepoju as the Postmaster General of the Federation and CEO of NIPOST.
NIPOST has said that it is committed to implementing the digital economy agenda of the Federal Government.
In the last four years (2019-2022), the Nigerian government allocated a total of N43.6 billion to the Nigeria Postal Service (NIPOST), but NIPOST's revenue during the same period was only N16.7 billion, indicating significant financial inefficiency.
The latest data from the National Bureau of Statistics reveal Nigerian Postal Service (NIPOST) reported revenues of N3 billion in 2022.
Some Nigerians have pushed forward ideas that will transform the Nigeria Postal Service (NIPOST) into an entity that operates in a manner similar to the Nigerian Inter-Bank Settlement System (NIBSS) and become a powerhouse to drive e-commerce growth.
The Postmaster General of the Nigerian Postal Service emphasized that the recently introduced postal code and address system by NIPOST is poised to yield substantial revenue for the nation and enhance its security.
The new postmaster general of NIPOST is appointed for an initial term of five years
Fresh crisis is brewing between the FG and labour union over the ensuing FIRS-NIPOST controversy over the collection of stamp duty.
