Month: August 2025

Three Crowns, a popular milk brand in Nigeria, has launched a campaign to find the Mum of the Year for 2025. This campaign aims to celebrate and honour mothers in Nigeria for their essential roles in their families and to promote healthy nutrition. It will reward exceptional mothers with an all-expenses-paid getaway to Zanzibar, Tanzania. […]

Domestic investors have continued to dominate the Nigerian Exchange Limited’s trading activity, with N1.67 trillion worth of transactions recorded in July 2025, outpacing foreign participation. This development underscores the growing influence of local investors in shaping the Nigerian capital market’s trajectory. Also, the significant increase in the total value of domestic transactions in July 2025 […]

The Tincan Island Port Command of the Nigeria Customs Service (NCS) has set a new revenue record, raking in N16.4 billion in a single day through its newly deployed digital system, B’Odogwu. The landmark feat, recorded on Tuesday, August 19, 2025, represents the highest daily revenue collection in the command’s history. Confirming the development, Comptroller […]

Nigeria’s oil and gas service provider, Kenyon International, has reaffirmed its unwavering commitment to leadership development, youth empowerment, collaboration, and innovation. The firm recently demonstrated its technical capabilities, referencing a recent success in unlocking over 6,000 barrels per day from a previously inaccessible well, as well as the deployment of the company’s proprietary Sleep Lock […]

The Nigerian Maritime Administration and Safety Agency (NIMASA) has vowed to intensify monitoring and enforcement mechanisms to ensure indigenous and foreign shipping companies comply fully with international environmental obligations in Nigerian waters. Thus was disclosed by the director-general of the Agency, Dr Dayo Mobereola, while charging all ships operating within Nigerian waters to ensure strict […]

Despite notable increases in oil and gas production and sales, the Nigerian National Petroleum Company Limited (NNPC) has reported a plunge in its July 2025 profits. The company disclosed in its Monthly Report Summary that July’s Profit After Tax (PAT) stood at N185 billion, marking a dramatic 389.2 per cent crash from June’s PAT of […]

Nigeria has signalled its readiness to compete worldwide by matching the most attractive investment incentives available in the global oil and gas industry. Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, gave this commitment while engaging with international partners keen on re-entering Nigeria’s energy sector. Addressing a delegation from Vaalco Energy, an independent […]

Civil society organisation, BudgIT, has faulted the Federal Ministry of Finance and the Budget Office of the Federation for failing to publish Quarterly Budget Implementation Reports (BIRs), describing it as a violation of the law, established practice, and a reversal of Nigeria’s fiscal transparency gains. The Fiscal Responsibility Act (FRA) 2007 mandates, under Part V, […]

A group, Women in Mining in Nigeria (WIMIN), has launched its National Jewellery Making Competition 2025, which aims to promote Nigerian artistry in Jewellery designs. A premier event within the upcoming Gold and Gemstone Conference and Exhibition (GGCE) 2025. This initiative is designed to celebrate and promote Nigerian artistry in jewellery design, emphasising the use […]

The African Export-Import Bank (Afreximbank) will provide a buffer as it moves to support new transactions across the continent. This is as Africa strives to make energy poverty history by 2030. The bank has made significant investments in Nigeria and other parts of Africa. It’s set to further strengthen this collaboration in Africa, as it […]