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NUPRC Commission Chief Executive, Mrs Oritsemeyiwa Eyesan (left) during a visit to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri.
Category: Economy
SIFAX Group Unveils Growth Plan For 2026
By ebosele@hotmail.com SIFAX Group has kicked off the 2026 business year with a bold declaration of intent, unveiling an innovation-led growth strategy designed to strengthen operations, deepen technology adoption and expand its footprint across West Africa.Th...
NGX Market Capitalisation Attains ₦100 Trillion Milestone
Nigerian Exchange (NGX) opened the year on a strong footing, with equities market capitalisation crossing the ₦100 trillion mark, buoyed by renewed investor demand and broad-based gains across listed stocks.Market data showed that equities market capitalisat...
Tinubu Appoints Board Members For NMDPRA, NUPRC
President Bola Ahmed Tinubu has written two letters to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NU...
Kano Assembly Passes ₦1.47tri 2026 Budget
THE Kano State House of Assembly has passed the 2026 Appropriation Bill amounting to ₦1.477 trillion following its consideration during plenary.The passage of the bill followed its second reading and deliberations in the Committee of the Whole at a sitting.....
Customs Steps Up Preparations For Scanner Deployment At Apapa Port
The Nigeria Customs Service (NCS) has stepped up preparations for the operational take-off of its newly installed FS6000 scanning machine at APM Terminals, Apapa, following a working visit by the Deputy Comptroller-General of Customs in charge of ICT, DCG Oluy...
JEX Markets Appoints Ayemhere As MD/CEO
By Moses Ebosele, ebosele@hotmail.com JEX Markets Limited, Nigeria’s energy commodities exchange and market infrastructure company, has announced the appointment of Dr. Blessing Ayemhere as its Managing Director/Chief Executive Officer (MD/CEO), subject to t...
Nigeria’s Digital Economy Revenue To Exceed $18.30b By 2026
The Managing Director/CEO, Arthur Stevens Asset Management Limited, Mr. Olatunde Amolegbehas projected that Nigeria’s digital economy revenue will reach $18.30 billion by 2026, as against $5.09 billion in 2019 and $9.97 billion in 2021.Delivering the keynote...
UBA Partners CIG Motors On $100m Vehicle Financing Scheme
United Bank for Africa (UBA) Plc has unveiled $100 million vehicle finance scheme in collaboration with CIG Motors, Lagride and Lagos State.The initiative is designed to ease the financial burden of purchasing vehicles by offering affordable loan options with ...
CSCS Appoints Shehu Shantali As New CEO
By ebosele@hotmail.com The Central Securities Clearing System Plc (CSCS) has announced the appointment of Mr. Shehu Yahaya Shantali as its new Chief Executive Officer, effective January 1, 2026, subject to the receipt of regulatory no-objection.City Business N...
Ministry Launches ECMS, Deepens Digital Reform Drive
.The Federal Ministry of Marine and Blue Economy on Wednesday launched its Enterprise Content Management System (ECMS), marking a significant milestone in the Ministry’s ongoing digital transformation and institutional reform agenda.The ECMS was jointly unve...
NCS To Sanction Banks Over Delayed Customs Revenue Remittance
The Nigeria Customs Service (NCS) has raised concern over delays in the remittance of Customs revenue by some Designated Banks after reconciliation of collections processed through the B’odogwu platform, describing the practice as a breach of remittance obli...
Carloha Nigeria Unveils End-of-Year Promo With Cash Tower Challenge
By ebosele@hotmail.com Carloha Nigeria has kicked off the festive season with the launch of its much-anticipated End-of-Year Promo, offering customers and automotive enthusiasts an exciting blend of rewards, entertainment and premium vehicle ownership.The prom...
NPA Attains 1,085% Rise In Export Containers In Q3
By ebosele@hotmail.com. — The Nigerian Ports Authority (NPA) has delivered one of its strongest quarterly performances in recent years, recording a dramatic 1,085 per cent surge in export-laden containers as total cargo throughput rose to 33.52 million m...