CPPE warns of fragile inflation gains as energy, food costs surge

By Seun Ibiyemi The Centre for the Promotion of Private Enterprise has warned that Nigeria’s recent progress in moderating inflation remains fragile, citing renewed pressures from rising energy, food and transportation costs. In its policy brief on the March 2026 inflation report, the Chief Executive Officer, CPPE, Dr. Muda Yusuf said the latest data released…

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Police arrest nine in Sango-Ota over traffic violations, road obstruction

By Seun Ibiyemi Operatives of the Ogun State Police Command have arrested and arraigned nine persons for traffic violations and obstruction of public highways in Sango-Ota. The arrests were carried out by officers of the Sango-Ota Division as part of the ongoing “Operation No Traffic Gridlock,” in compliance with the directive of the Commissioner of…

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Ikeja LG Chairman launches 2026 revenue drive, seeks corporate compliance

By Seun Ibiyemi The Executive Chairman of Ikeja Local Government, Akeem Olalekan Dauda, has commenced the 2026 revenue drive with visits to key companies within the council area. During the engagements, Dauda emphasised the importance of prompt payment of rates and taxes, noting that compliance remains vital for sustaining development and delivering quality services to…

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Nigeria positioned to lead africa’s blue economy growth — NPA

The Managing Director and Chief Executive Officer of the Nigerian Ports Authority, (NPA), Abubakar Dantsoho, has said Nigeria is at the forefront of Africa’s blue economy growth, driven by ongoing reforms and increased private sector participation. Dantsoho stated this on Wednesday while speaking at the Blue Economy Investment Summit in Abuja, noting that the country’s…

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NDIC finalises plans to wind down 89 failed microfinance, mortgage banks

By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation of 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) following their acquisition by new owners. This was disclosed in a statement issued on Wednesday and signed by the corporation’s Head of Communication and Public Affairs, Mrs….

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Customs CG Adeniyi pledges multimedia centre, radio station for NIJ

By Seun Ibiyemi The Comptroller-General of the Nigeria Customs Service, Bashir Adeniyi, has pledged to construct a multimedia resource centre and establish a campus radio station for the Nigerian Institute of Journalism. Adeniyi made the commitment on Wednesday in Lagos during his acceptance speech after being conferred with a fellowship award at the institute’s special…

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