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May 25, 2025 No Responses

NLNG MD: Gas Must Replace Dirtier Fuels To Drive Energy Transition In Africa

The Managing Director and Chief Executive Officer of NLNG, Philia Mshelbila has called for deliberate efforts for the displacement of dirtier fuels, like biomass, by natural gas to drive energy transition in Africa.Mshelbila made the call during a panel session...

May 25, 2025 No Responses

Listed Firms Declare N1.1trillion Dividend In 2024

The Securities and Exchange Comission (SEC) has said that listed companies declared dividends totaling N1.1trillion to shareholders in 2024.The Director-General of SEC, Dr Emomotimi Agama, disclosed this at the first quarter Capital Market Committee (CMC) meet...

May 25, 2025 No Responses

FG To Dredge Lekki Port Channel

The Nigerian Federal Government(FG) has approved maintenance dredging of the $1.5bn Lekki Deep seaport channel from its present 16.5metres to 17metres in the first instance as it targets 19meters depth.Speaking at the weekend during a visit toLekki port, the M...

May 25, 2025 No Responses

Nigeria Customs Intercepts 65 Stolen Canadian Vehicles

The Royal Canadian Mounted Police (RCMP) International Special Services has commended the Nigeria Customs Service (NCS) for its unwavering commitment to safeguarding borders and disrupting transnational organised crime through strategic partnerships and intell...

May 24, 2025 No Responses

Shippers’ Council Boss Lauds PR Unit, Urges Greater Commitment

The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council (NSC), Dr. Akutah Pius, has commended the Council’s Public Relations Unit for its impressive performane.Dr. Akutah made the commendation at the opening ceremony of th...

May 24, 2025 No Responses

Customs Impounds 49, 000 Litres of PMS

The Nigeria Custom Service (NCS) has intensified its anti-smuggling operations in Nigeria’s northeastern corridor, intercepting Premium Motor Spirit (PMS) and vehicles with a total Duty Paid Value (DPV) of over ₦63 million.According to Customs, the success...

May 23, 2025 No Responses

NLNG At WGC In Beijing, Harps On Fleet Upgrades, Policy, Trade Routes

NLNG Manager, Commercial Contract Management, Tolu Longe, at the 2025 World Gas Conference (WGC) in Beijing, China, harped on current debates session on ‘LNG Shipbuilding and LNG Transportation’.During the session, she explored the critical interse...

May 23, 2025 No Responses

Exclusive Toyota Motor Show Holds In Lagos

All is now set for the second edition of Toyota Motor Show scheduled to hold in Lagos, between May 27th and June 1st, 2025.The five-day exclusive programme, (excluding Friday 30th May), specially put together by Toyota (Nigeria) Limited, will take...

May 23, 2025 No Responses

Customs Partners Cross-River On Economic Growth

The Nigeria Customs Service (NCS) and Cross River State are collaborating to propel economic growth.In his remarks during a meeting with the Executive Governor of Cross River State, Prince Bassey Otu, at the Customs Headquarters in Abuja, the Comptroller-Gener...

May 22, 2025 No Responses

Court Winds Up Illegal Capital Market Firm

Justice C.J. Aneke of the Federal High Court sitting in Ikoyi , Lagos, on Thursday, May 22, 2025, ordered the winding up of a fraudulent collective investment scheme firm, CJC Markets Limited, over failure to register with the Securities and...

May 22, 2025 No Responses

Aderogba Emerges President/CEO, Regional Maritime Development Bank

The Minister of Marine and Blue Economy, Adegboyega Oyetola has announced that President Bola Ahmed Tinubu has given approval for Nigeria’s hosting of the long-awaited Regional Maritime Development Bank (RMDB) and appointed a Nigerian, Mr. Adeniran Aderogba,...

May 22, 2025 No Responses

TEBA Foundation To Honour Expatriate Entrepreneurs With Awards

A Non-Governmental Organisation(NGO),TEBA Foundation for Humanity has commended the contributions of expatriates to the growth of Nigeria’s Gross Domestic Product (GDP).The foundation in order to further encourage the expatriates irrespective of their countr...

May 22, 2025 No Responses

Dangote Refinery Reduces PMS Price

Dangote Petroleum Refinery & Petrochemicals has announced another reduction of N15 in the price of its Premium Motor Spirit (PMS).As a result of this reduction, Nigerians will now purchase the product at the following prices: N875 per litre in Lagos;...

May 21, 2025 No Responses

NLNG Boss In China, Seeks Gas Development Diversity

The Managing Director/ Chief Executive Officer, NLNG, Philip Mshelbila, has reiterated call for diversity of gas development globally.The NLNG boss spoke at the 29th World Gas Conference (WGC2025) in Beijing, China, contributing to a high-level conversation on...