32.8Lagos

Tuesday, 5 May 2026

Lagos Seals Lekki Luxury Flats, Brasas Mall, Others

Lagos Seals Lekki Luxury Flats, Brasas Mall, Others

The Lagos State Government has sealed several buildings, shopping malls and hotels for failing to comply with mandatory lift and elevator safety regulations.The...
NCAA Targets PLACI For Safer Cargo Operations

NCAA Targets PLACI For Safer Cargo Operations

The Nigeria Civil Aviation Authority (NCAA), in collaboration with key industry stakeholders, on Monday commenced discussions on the adoption of the Pre-Loading Advance...
Owotuga Foundation Channels N204m Into Education, Donates Hostel

Owotuga Foundation Channels N204m Into Education, Donates Hostel

To honour the enduring legacy of the Late Most Supreme Apostle Matthew Omodayo Owotuga, the foundation established in his name has announced the...

Lagos Seals Lekki Luxury Flats, Brasas Mall, Others

The Lagos State Government has sealed several buildings, shopping malls and hotels for failing to comply with mandatory lift and elevator safety regulations.The enforcement operations, carried out by the Lagos State Safe...

Owotuga Foundation Channels N204m Into Education, Donates Hostel

To honour the enduring legacy of the Late Most Supreme Apostle Matthew Omodayo Owotuga, the foundation established in his name has announced the successful disbursement of N204 million toward community development, acade...

EFCC Arraigns Former SKye Bank Chairman, Tunde Ayeni For N15.6b...

The Economic and Financial Crimes Commission, EFCC, on Monday, May 4, 2026, arraigned a former Chairman, Board of Directors of the defunct Skye Bank Plc, Tunde Ayeni before Justice Jude Onwuzuruike of the Federal Capital...

SCAN Condoles NPA Over Photographer’s Death

The Shipping Correspondents Association of Nigeria (SCAN) has expressed deep sadness over the death of the Nigerian Ports Authority (NPA) official photographer, Paul Erakhifu, popularly known as “Texas.”SCAN extended...

NDDC Sensitises Abia Stakeholders On Procurement Policy Reforms

The Niger Delta Development Commission, NDDC, has extended the sensitisation programme for Niger Delta stakeholders on policy reform and the digitisation of its procurement system to promote transparency, efficiency and ...

Capital Market/Banking

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close up of nigerian naira banknotes in detail

NGX Investors Gain N62bn As Buying Interest Lifts Market

The Nigerian equities market commenced the new month on a bullish note on Monday, with investors recording a gain of N62 billion at the close of the first trading session of May.The positive performance was largely drive...

Shareholders Applaud NGX Group’s ₦2 Dividend, Bonus Issue

Shareholders of Nigerian Exchange Group Plc (NGX Group) have endorsed the company’s 2025 financial results, with strong emphasis on the approved ₦2.00 per share final dividend and a one-for-three bonus share issue, d...

Shareholders Applaud GTCO’s N12.76 Dividend, N500b Capital Milestone

By ebosele@hotmail.com. – Shareholders of Guaranty Trust Holding Company Plc (GTCO) have commended the management of the financial institution for delivering what they described as the highest dividend payout in Ni...

Alleged $6.23b Fraud: Witness Tells Court Funds Were Siphoned from...

A prosecution witness, Chinedu Eneanya, on Monday told Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court, Maitama, Abuja, that a total sum of $6.23 billion was allegedly siphoned from the coffers of t...

Tinubu Appoints Oyedele, Removes Edun As Finance Minister

President Bola Ahmed Tinubu has approved a minor reshuffle of the Federal Executive Council, effecting changes in key ministerial positions.According to a memo signed by the Secretary to the Government of the Federation,...

Maritime

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Nigeria Seeks Fairness In Net-Zero Shipping Drive

Nigeria has called on the global maritime community to prioritise fairness, equity, and adequate support for developing economies in the push toward net-zero emissions in international shipping.Speaking at the 84th sessi...

SCAN Condoles NPA Over Photographer’s Death

The Shipping Correspondents Association of Nigeria (SCAN) has expressed deep sadness over the death of the Nigerian Ports Authority (NPA) official photographer, Paul Erakhifu, popularly known as “Texas.”SCAN extended...

NIMASA’s Director Bags Fellowship Of NIPR

The Director of Administration and Human Resources at the Nigerian Maritime Administration and Safety Agency (NIMASA), Mrs. Moji A. Jimoh, has been formally inducted into the Fellowship of the Nigerian Institute of Publi...

CVFF Disbursement And The Burden Of Responsibility

By Chika Chukwudi The long-anticipated disbursement of Nigeria’s Cabotage Vessel Financing Fund (CVFF) marks a defining moment for the nation’s maritime sector. Approved by President Bola Ahmed Tinubu GCFR, the relea...

Shippers’ Council Seeks Stronger Stakeholder Synergy To Boost Non-Oil Export...

The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC), Pius Akutah, has stressed the need for enhanced collaboration and institutional synergy among stakeholders to accelerate Nige...

Chery, Carloha Target Growth In Nigeria’s Commercial Vehicle Segment

Chery Automobile is ramping up plans to enter Nigeria’s commercial vehicle space, in a strategic move that reflects rising confidence in the country’s automotive market and growing demand for business mobility soluti...

Carloha Nigeria Joins Global Partners At Chery Business Summit In...

Carloha Nigeria, the authorised dealer and distributor of Chery vehicles in the country, is part of Chery International Business Summit from April 22 to 28, 2026, in Beijing, China.The summit, structured alongside Auto C...

CFAO Open Day To Offer Special Deals On Vehicles, Parts,...

CFAO Mobility to host the 2026 edition of its flagship event, the CFAO Mobility Open Day, aimed at showcasing a broad range of innovative mobility solutions.According to a statement issued by the company, the event will ...

NRS Faults Viral Claim Of New Vehicle Tax

The Nigeria Revenue Service has dismissed as false and misleading a viral infographic alleging that the Federal Government has introduced a new vehicle tax effective July 1.In a statement issued by the Special Adviser to...

NADDC, Pi-CNG/EV Deepen Collaboration To Boost Electric Mobility, CNG

The Director-General, National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin, on Thursday, received the Executive Chairman of the Presidential Initiative on Compressed Natural Gas and Elect...

Energy

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Navy Intensifies Crack Down On Oil Thieves

THE Nigerian Navy has intensified its crackdown on crude oil theft and maritime crimes, destroying illegal refining sites and dismantling militant hideouts across Rivers, Bayelsa and Cross River states.The Director of Na...

NUPRC, NLNG Deepen Collaboration To Increase Gas Supply

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyewa Eyesan, has reiterated the Commission’s commitment to fostering a business-friendly environment and advancing the Feder...

Dangote Refinery Recalls Redeployed Engineers

Dangote Petroleum Refinery has approved the recall of engineers previously redeployed across its business units, following what management described as a conditional pardon after internal disciplinary actions linked to o...

Tinubu Nominates Tegbe As Minister Of Power

President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, subject to confirmation by the Senate.The nomination has been transmitted to the Senate for screening and confirmation in accord...

Ikeja Electric Marks World Malaria Day With Community Health Outreach

Ikeja Electric has reaffirmed its commitment to community health and wellbeing with targeted Corporate Social Responsibility (CSR) interventions in Abule – Egba and Odogunyan communities to mark the 2026 World Malaria ...

Photo News

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Photo News

Deputy Governor of Lagos State, Dr. Obafemi Hamzat (left); Governor Babajide Sanwo-Olu (second left) presenting an artistic portrait of the Inspector-General of Police, IGP Olatunji Disu (right) and his wife, Mrs. Mutiat...

Photo News

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho (Left ), on Monday received the Belgian Ambassador to Nigeria, Mr. Pieter Leenknegt, at the NPA Headquarters in Marina, Lagos State.

Photo News

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso (right), and the Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, af...

Photo News

President/Chief Executive, Dangote Industries Limited, Aliko Dangote (Right) with Managing Director, International Finance Corporation, Makhtar Diop, in Washington DC, United States.

Photo News

L-R: Independent Non-Executive Director, Mrs. Olusola Oworo; Managing Director/CEO, Mr. Girish Sharma; Chairman and Independent Non-Executive Director, Prof. Fabian Ajogwu; Independent Non-Executive Director, Mrs. Vivian...

Security/Safety

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Navy Intensifies Crack Down On Oil Thieves

Navy Intensifies Crack Down On Oil Thieves

THE Nigerian Navy has intensified its crackdown on crude oil theft and maritime crimes, destroying illegal refining sites and dismantling militant hideouts across...
Photo News

Photo News

Deputy Governor of Lagos State, Dr. Obafemi Hamzat (left); Governor Babajide Sanwo-Olu (second left) presenting an artistic portrait of the Inspector-General of Police,...
NAF Deepens Strategic Partnership With Canadian Aviation School

NAF Deepens Strategic Partnership With Canadian Aviation School

The Nigerian Air Force (NAF) has intensified efforts to strengthen its operational capability through a strategic collaboration with the International Test Pilots School...

Agriculture

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BoI, RMRDC Seal Pact To Boost Agriculture, Grow GDP

Bank of Industry (BoI) and the Raw Materials Research and Development Council (RMRDC) have sealed a strategic partnership agreement to strengthen Nigeria’s agricultural value-chain and boost country’s Gross...

Okomu CSR: PIND, Edo Agencies Partner On Youth Skills Development

In a move to empower young people in host communities of Okomu Oil Palm Company Plc, the Foundation for Partnership Initiatives in the Niger Delta has signed partnership agreements with the Edo State Board for ...

Pressure Mounts On World Bank To Halt Factory Farming Funding

By Moses Ebosele, ebosele@hotmail.com More than 30 civil society organisations have urged the World Bank Group to halt financing for industrial livestock production and redirect investments toward sustainable, ...

Education

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Owotuga Foundation Channels N204m Into Education, Donates Hostel

To honour the enduring legacy of the Late Most Supreme Apostle Matthew Omodayo Owotuga, the foundation established in his name has announced the successful disbursement of N204 million toward community developm...

NDDC Tasks Students On Civic Responsibility

The Managing Director of the Niger Delta Development Commission, Dr Samuel Ogbuku, has called on students in tertiary institutions across the Niger Delta to obtain their Permanent Voter Cards (PVCs) as a critic...

Tinubu Approves Police Academy In Ogun, Allocates ₦15b Take-Off Grant

President Bola Tinubu has approved the establishment of a new campus of the Nigeria Police Academy in Erinja, Yewa South Local Government Area of Ogun State.The President also approved a special take-off grant ...