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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.
Tag: 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...
FirstBank Hosts Nigeria Economic Outlook 2026
By ebosele@hotmail.com. – FirstBank has concluded plans to host Nigeria Economic Outlook 2026 on Tuesday, 6 January 2025.City Business News reports that the theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous ...
2026: SEC To Prioritise Mobilisation Of Long Term Funds, Others
The Securities and Exchange Commission (SEC) has said that it is prioritizing the mobilisation of long-term capital to bridge Nigeria’s infrastructure and sectoral gaps while also streamlining regulatory frameworks and aggressively facilitating the issuance ...
Tinubu: New Tax Laws To Commence Jan 1 As Planned
The new tax laws, including those that took effect on June 26, and others scheduled to commence on January 1, 2026, will be implemented as planned, President Bola Tinubu has declared.The president disclosed this in a statement on Tuesday.Tinubu described...
Okpebholo Seeks Stronger Italy–Edo Collaboration
Edo State Governor, Senator Monday Okpebholo, has called for deeper collaboration between Edo State and Italy, describing cultural exchange as a strong platform for economic growth, mutual understanding, and sustainable development.The governor made the call d...
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...
Investors Sustain Optimism As Equities Gain N257b
The Nigerian equities market sustained a positive performance on Monday as investors added N257 billion to their portfolios.The continued uptick was as a result of increased interest in stocks like Aluminium Extrusion Industries, International Energy Insurance...
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...