By Seun Ibiyemi The Nigerian Shippers’ Council (NSC) has reiterated the need for comprehensive stakeholder consultations before the implementation of a proposed 30 per cent increase in shipping tariffs. Speaking at a one-day stakeholders’ forum on Tuesday, the Executive Secretary of the Council, Akutah Pius, said the earlier suspension of the tariff hike in March…
By Seun Ibiyemi The Olubadan, Oba Rashidi Ladoja has dismissed allegations linking him to a purported plot to remove Governor Seyi Makinde from office, describing the claims as false and misleading. In a statement issued by his media aide, Adeola Oloko, the monarch cautioned against dragging the revered Olubadan stool into partisan politics. Oba Ladoja…
Guinness Nigeria Plc has crossed the ₦1 trillion market capitalisation threshold on the Nigerian Exchange Group, signalling strong investor confidence and sustained growth momentum. The company disclosed this in a statement issued on Tuesday, noting that its market capitalisation stood at approximately ₦1.01 trillion as of April 10, while its enterprise value rose to about…
By Seun Ibiyemi Nigeria’s importation of Premium Motor Spirit (PMS), commonly known as petrol, surged by 96.7 per cent in March 2026, even as domestic supply recorded a steady increase, according to the latest data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The data highlights evolving dynamics in Nigeria’s downstream petroleum sector,…
The governorship candidate of the All Progressives Congress (APC) in Ogun State for the 2027 election, Solomon Adeola, has commended President Bola Tinubu for his commitment to fairness and inclusiveness in the political process. Adeola, who represents Ogun West Senatorial District in the Senate, made the remarks on Tuesday in Abeokuta in a statement following…
By Seun Ibiyemi Operatives of the Ogun State Police Command have arrested 146 suspects during a coordinated, intelligence-driven security operation tagged “Operation Keep Sagamu Safe,” carried out in collaboration with other security agencies and community stakeholders. The operation, conducted in the early hours of April 13, 2026, took place across identified flashpoints within Sagamu, where…
By Olutayo Irantiola Recently, the parking rate at the Multi-Storey Car Park at the Murtala Muhammed Airport Terminal 2 (MMA2), operated by Bi-Courtney Aviation Services Limited (BASL) and managed by Balosh, was arbitrarily increased. Overnight parking, which used to be six thousand naira (N6,000) only, was increased to fifty thousand naira (N50,000) only. What is…
Nigeria’s education and business communities will converge on Friday, May 8, for a grand two-day centenary celebration honoring Emeritus Professor Otonti Nduka, one of Africa’s foremost pillars of education and a tireless champion of values-based learning. Recognized as a Distinguished Professor of the Century by the National Universities Commission (NUC) and former President of the…
Nigeria’s insurance sector recorded strong growth in the fourth quarter of 2025, with gross premium rising to N2.301 billion, driven largely by oil and gas business and expanding annuity funds. The figures were contained in a report released by the National Insurance Commission in Abuja on Monday. According to the commission, the performance reflects the…
Nigeria and Morocco are set to sign an intergovernmental agreement in 2026 for the proposed $25 billion gas pipeline project linking both countries, marking a major step forward in the transcontinental energy initiative. The development was disclosed by Amina Benkhadra, head of National Office of Hydrocarbons and Mines, who said the agreement would formalise cooperation…
