By Seun Ibiyemi The Nigerian Railway Corporation (NRC) has recorded another breakthrough in its ongoing crackdown on railway vandalism with the arrest and prosecution of a suspected track vandal in Lagos. The Managing Director and Chief Executive Officer of the corporation, Kayode Opeifa, disclosed this in a statement issued on Sunday. According to Opeifa, the…
…Calls for National Support By Adeyemi David President Bola Ahmed Tinubu has announced the donation of his entire salary since assuming office to support members of Nigeria’s Armed Forces, including wounded personnel and families of fallen soldiers. The President made the disclosure in a statement on Sunday to mark his 74th birthday, describing the move…
By Seun Ibiyemi The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has pledged that the Peoples Democratic Party (PDP) will be rebuilt to meet the aspirations of Nigerians, even as he criticised governors who defected from the party. Wike, a national leader of the PDP, made the remarks on Sunday at the party’s…
By Seun Ibiyemi The Nigerian Exchange Limited (NGX) recorded a significant decline in trading activity for the week, as total transaction value fell by 32.75 per cent, reflecting cautious investor sentiment. A total turnover of 3.950 billion shares valued at N201.312 billion was traded in 359,642 deals during the week, compared to 8.761 billion shares…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns that Nigeria’s bank recapitalisation exercise, despite being largely successful, is failing to translate into meaningful support for the real economy. In a policy brief released on Sunday by CPPE, Chief Executive Officer, Dr. Muda Yusuf acknowledged the efforts of the…
By Seun Ibiyemi The Chartered Institute of Bankers of Nigeria (CIBN) has elected new national officers following its 2026 Annual General Meeting (AGM) held at the Bankers House in Victoria Island, Lagos. The meeting, attended by members and key stakeholders in the banking and financial services industry, featured the presentation of the Institute’s annual report,…
By Seun Ibiyemi Nigeria is set to deepen reforms in its maritime sector as stakeholders gather for a high-level summit aimed at unlocking the vast potential of the blue economy. The summit follows the 2025 approval by the Federal Executive Council (FEC) of a comprehensive policy framework designed to transform Nigeria into a leading hub…
By Seun Ibiyemi The National Chairman of the All Progressives Congress (APC), Prof. Nentawe Yilwatda, on Saturday paid a condolence visit to former Kaduna State Governor, Nasir El-Rufai, at his residence in Abuja. The visit was aimed at commiserating with the former governor over the death of his mother, Hajiya Umma El-Rufai, who passed away…
By Seun Ibiyemi President Bola Ahmed Tinubu has strongly defended his administration’s decision to end fuel subsidies, describing it as a necessary step to rescue Nigeria’s economy from wasteful spending and set it on a path of sustainable growth. Speaking at the 4th Elective National Convention of the All Progressives Congress held at Eagle Square…
By Seun Ibiyemi The Nigerian Navy and the Nigeria Customs Service (NCS) have reaffirmed their commitment to enhanced inter-agency collaboration aimed at improving port operations and safeguarding national economic interests. This was highlighted on Thursday as the Commander, Materials Clearing and Inspection Office (MCIO), Nigerian Navy Apapa, Captain U.S. Akoh, led a delegation on a…
