Category: Economy

Nigeria Regains FTSE Frontier Market Status
April 8, 2026 No Responses

Nigeria Regains FTSE Frontier Market Status

Nigeria has been restored to Frontier Market status by FTSE Russell, marking a major milestone in the country’s return to global investment indices and signalling fresh opportunities for international investors.The reclassification from “Unclassified” to “Frontier Market” was approved by the...
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Customs, PEBEC Align On Strategy To Improve Port Efficiency
April 8, 2026 No Responses

Customs, PEBEC Align On Strategy To Improve Port Efficiency

The Nigeria Customs Service (NCS), in collaboration with the Presidential Enabling Business Environment Council (PEBEC), has launched a results-driven reform agenda to improve operational efficiency and enhance Nigeria’s trade competitiveness through better-...
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Shippers’ Council Signs 2026 Performance Bond, Lists 2025 Achievements
April 7, 2026 No Responses

Shippers’ Council Signs 2026 Performance Bond, Lists 2025 Achievements

The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council (NSC), Dr. Akutah Pius has signed the Council’s 2026 Sectorial Performance Bond at the just concluded stakeholder’s’ engagement in Lagos.The signing of the 2026 performan...
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Tinubu Approves ₦3.3trn Power Sector Debt Settlement
April 5, 2026 No Responses

Tinubu Approves ₦3.3trn Power Sector Debt Settlement

President Bola Ahmed Tinubu has approved a comprehensive payment plan to settle longstanding debts in Nigeria’s power sector, marking a major step toward stabilising electricity supply across the country.The initiative, implemented under the Presidential Pow...
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Tinubu To Commission Gateway Airport, State Airline, Customs Facility
April 3, 2026 No Responses

Tinubu To Commission Gateway Airport, State Airline, Customs Facility

President Bola Tinubu will, on Saturday, April 4, 2026 embark on an official visit to Ogun State for the commissioning of major infrastructure projects, including the Gateway International Airport in Iperu.The airport, described as an ambitious initiative, is ...
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Edun Commends NUPRC As Oil Production Hits 1.84mbpd, Urges Push To 2mbpd
April 3, 2026 No Responses

Edun Commends NUPRC As Oil Production Hits 1.84mbpd, Urges Push To 2mbpd

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for steering Nigeria’s petroleum sector to a production level of 1.84 million barrels per day.Edun gave t...
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NADDC Hosts Earthoc Energy, Explores Clean Energy Partnership
April 2, 2026 No Responses

NADDC Hosts Earthoc Energy, Explores Clean Energy Partnership

The National Automotive Design and Development Council (NADDC), on Thursday received a delegation from Earthoc Energy Limited at the Council’s Headquarters in Abuja, to discuss progress and partnership opportunities in advancing Nigeria’s clean energy ...
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Pi-CNG Partners FRSC On CNG, EV Adoption, Safety
April 2, 2026 No Responses

Pi-CNG Partners FRSC On CNG, EV Adoption, Safety

By ebosele@hotmail.com The Executive Chairman of the Presidential Initiative on Compressed Natural Gas (Pi-CNG), Ismaeel Ahmed, has announced a strategic collaboration with the Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, aimed at adv...
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Oyetola: National Shipping Carrier Project Records Major Milestone
April 2, 2026 No Responses

Oyetola: National Shipping Carrier Project Records Major Milestone

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced significant progress toward the refloating of a national shipping carrier, marking a major step in strengthening Nigeria’s maritime industry.Oyetola made the disclosure on Thursday du...
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LAMATA MD Showcases Lagos’ Strategic Transit Vision
March 31, 2026 No Responses

LAMATA MD Showcases Lagos’ Strategic Transit Vision

The Lagos Metropolitan Area Transport Authority (LAMATA) took center stage at the EU-Africa Business Summit, as its Managing Director, Engr. Mrs. Abimbola Akinajo spotlighted the agency’s over 20-year journey in transforming urban mobility in Lagos.Speaking ...
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Oyetola Seeks Stronger Regional Ties, Investment in Fisheries Sector
March 31, 2026 No Responses

Oyetola Seeks Stronger Regional Ties, Investment in Fisheries Sector

Photo Caption: L-R: Nigeria’s Minister of Marine and Blue Economy and Chairman, Fisheries Committee for the West Central Gulf of Guinea, Dr. Adegboyega Oyetola, CON; Director General, National Fisheries and Aquaculture Authority Liberia, J. Cyrus Saygbe ...
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FG, Access Bank Reaffirm Commitment To Women Empowerment
March 30, 2026 No Responses

FG, Access Bank Reaffirm Commitment To Women Empowerment

The Federal Government (FG) has reiterated its commitment to empowering women as key drivers of the nation’s creative economy, with a focus on expanding access to finance, skills development and leadership opportunities.The Minister of Art, Culture, Tourism ...
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At Enugu Trade Fair, NPA Targets Export Expansion, Eastern Ports Upgrade
March 29, 2026 No Responses

At Enugu Trade Fair, NPA Targets Export Expansion, Eastern Ports Upgrade

The Nigerian Ports Authority (NPA) has unveiled a comprehensive strategy to boost Nigeria’s non-oil exports, anchored in infrastructure renewal, export process simplification, and the full automation of port operations.Speaking at the 37th Enugu Internationa...
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NCDMB Lauds ESSO On $23m New Logistics Base At LADOL
March 27, 2026 No Responses

NCDMB Lauds ESSO On $23m New Logistics Base At LADOL

The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics Base, describing the project as a major demonstration that Nigeria has becom...
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