Category: News

Whistleblowers, under the aegis of the Citizens Whistleblowers Coalition (CWC), have petitioned President Bola Ahmed Tinubu, calling for a full investigation into Mediterranean Shipping Company (MSC)’s alleged unfair business practices. The coalition accused MSC of economic sabotage and judicial subversion, citing unfair container deposit charges, illegal detention of shipments, and excessive demurrage charges. The petition, […]

Chams Holding Company Plc said it is set for a significant transformation, rebranding and restructuring its operations to position itself for future growth and expansion. As part of this strategic move, shareholders have approved a name change to Chams Corporation Plc, the launch of a rights issue and private placement, and a comprehensive corporate restructuring […]

Ecobank Group’s unaudited financial results for the first half (H1) of 2025 show a profit before tax of $398 million and net revenue of $1.1 billion. The Group’s results, released on the Nigerian Exchange, showed strong growth and improved efficiency despite economic challenges in key markets. Gross earnings grew nine per cent to $1.482 billion […]

Local cable manufacturers, under the Cable Manufacturers Association of Nigeria (CAMAN), have confirmed the expansion of investment influence in Nigeria’s oil and gas industry. The group cited the successful implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act as key to their success story. President of the association, Bukola Adubi, while speaking […]

As most Nigerians battle economic hardship, leading to low disposable income, no fewer than nine million motorists drive their vehicles without valid insurance papers on Nigerian roads, LEADERSHIP can exclusively reveal. This is even as some motorists nationwide are now reducing their vehicle insurance coverage as economic hardship bites harder. However, low motor insurance subscriptions […]

The president and chairman of the Council of the Chartered Institute of Stockbrokers (CIS), Oluropo Dada, has called on the federal government to implement structural reforms in Nigeria’s financial ecosystem to enable sustainable capital formation and drive long-term economic growth. Speaking at the CIS Workshop themed ‘Capital Formation in Nigeria: Strengthening Industry, Institutions and Markets […]

The Corporate Affairs Commission (CAC) has threatened to delist 100,000 companies from its register over prolonged inactivity and non-compliance with statutory requirements under the Companies and Allied Matters Act (CAMA). The move is part of the Commission’s efforts to sanitise Nigeria’s corporate registry and ensure that only active and compliant entities remain in the system. […]

The Organised Private Sector (OPS) has warned that the ongoing Lagos power outage will significantly increase costs for alternative energy, potentially hitting N2 trillion by the end of this year. This will disrupt businesses and households and drive up the prices of manufactured goods. Recall that Lagos and parts of Ogun State are facing a […]

Ahead of the November 8, 2025, Anambra State governorship election, Ozo Jeff Nweke, candidate of the Action Alliance (AA), has pledged that his administration, if elected, will prioritise the well-being of the common people, particularly those living in the streets and labourers. He described the governance culture in the state and nation at large as […]

Delta State government has said the Compressed Natural Gas (CNG) filling stations in Asaba and Warri are on course as construction of the CNG stations is underway. The state government signed a Memorandum of Understanding (MoU) with NIPCO to set them up. The commissioner for Transport, Mr. Onoriode Agofure, made this known in Asaba while […]