Shippers’ Council Blocks Questionable N52bn Forex Repatriation, Resolves N2bn Trade Disputes

The Nigerian Shippers’ Council (NSC) has stopped foreign firms from repatriating N52 billion in suspicious foreign exchange claims at the country’s seaports, a move aimed at protecting the national economy from irregular financial outflows. The council announced this during the International Chamber of Commerce (ICC) Nigeria Post-AGM Talk held in Lagos on Thursday. It also […]

Stock Market Investors Gain N12.47trn In July

The Nigerian equities market has recorded a substantial gain in July 2025, with investors gaining a whopping N12.474 trillion. This impressive growth is attributed to the market’s bullish trend, which is driven by price appreciation in large—and medium-capitalized stocks. Analysts noted that Nigeria’s equities market sustained its positive trajectory through the month in anticipation of […]

NAMA Conducts Simulation Exercise For Air Emergency Response At Abuja Airport

The Nigerian Airspace Management Agency (NAMA) has carried out a simulation exercise at the Nnamdi Azikiwe International Airport, Abuja, to test the country’s preparedness to respond in case of an air emergency. The exercise also aligns with the International Civil Aviation Organisation (ICAO) regulations. At the debriefing after a demonstration and response to an induced […]

SIM Registration: Telcos Resume NIN Verification Services For Subscribers

Telecommunications outfits across the country can now verify their subscribers’ National Identification Number (NIN) during New  SIM registration, SIM swap, SIM migration, and welcome back SIM. To this end, the National Identity Management Commission (NIMC) has successfully migrated all Telecommunications firms to a new NIN verification platform, NINAuth. This development marks a significant step forward […]

NASD Elects Olayimikah Bolo As Chairman

NASD Plc has elected Olayimikah Bolo as its new  board chairman. Bolo succeeds Kayode Falowo, who will retire at the Annual General Meeting on August 26, 2025. The development follows recent directives from the Securities and Exchange Commission (SEC) to enhance corporate governance practices among public companies and capital market operators. Bolo, a seasoned capital […]

MTN Nigeria Adopts Customer-Centric Approach For Growth

MTN Nigeria has reaffirmed its commitment to providing authentic subscriber experiences, prioritising customer-centric innovation and digital empowerment. Through its Customer Engagement Day (CED) initiative, MTN Nigeria engaged with customers, gathering feedback and insights to improve services and meet evolving needs. From immersive tech demos to authentic conversations with MTN’s leadership, the event provided an unforgettable […]

Gov Yusuf Nominates Yahya As New Chair Of Kano Anti-Corruption Commission

Kano State governor, Abba Yusuf has nominated Saidu Yahya as the Executive Chairman of the State Public Complaints and Anti-Corruption Commission (PCACC). Yahya’s nomination followed the tenure expiration in June of the outgoing chairman, Barrister Muhuyi Magaji Rimin Gado. The nomination was contained in a statement by the Governor’s spokesperson, Sunusi Bature Dawakin Tofa. Yahya, […]

Oil Marketers Seek FG’s Mediation In Dangote’s Direct Products Sale Plan

The Nigerian Oil and Gas Suppliers Association (NOGASA) has called on President Bola Ahmed Tinubu to intervene in the Dangote Refinery’s plan to distribute petroleum products directly to end-users. The association warns that the move could destabilise the downstream sector and lead to mass job losses. Speaking at a stakeholders’ meeting in Abuja, NOGASA president,  […]

Federal Gov’t Approves N68.7bn To Light Up 8 Universities, Hospitals, Rural Businesses

The federal government has approved contracts worth N68.7 billion for two major power initiatives. These initiatives aim to provide reliable electricity to universities, teaching hospitals, and rural businesses as part of its push to transform Nigeria’s power sector. Minister of Power, Adebayo Adelabu, announced the approvals on Thursday after the Federal Executive Council (FEC) meeting […]