By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has warned that wage increases alone are no longer enough to protect Nigerian workers from worsening economic hardship, urging a broader welfare strategy to address the country’s rising cost of living. In a policy brief titled “Beyond Wage Increases: Reframing Labour Welfare Priorities…
By Seun Ibiyemi The Nigerian National Petroleum Company (NNPC) Limited has announced the successful completion of the River Niger Crossing on the 130-kilometre Obiafu-Obrikom-Oben (OB3) Gas Pipeline, marking a major milestone in Nigeria’s gas infrastructure expansion. The company said the achievement unlocks the full potential of the OB3 Pipeline, a strategic national asset designed to…
By Chika Chukwudi The long-anticipated disbursement of Nigeria’s Cabotage Vessel Financing Fund (CVFF) marks a defining moment for the nation’s maritime sector. Approved by President Bola Ahmed Tinubu GCFR, the release of the fund signals more than policy execution it reflects a strategic effort to reposition Nigeria as a formidable maritime nation by empowering indigenous…
…posts N67.07bn revenue By Seun Ibiyemi Customer deposits in Wema Bank have surged to N3.29 trillion for the first quarter ended March 31, 2026. This is as the Bank sustained its upward trajectory reporting a significant expansion in its bottom line for the first quarter ended March 31, 2026. Building on a record-breaking 2025 performance,…
By Seun Ibiyemi The Nigerian National Petroleum Company (NNPC) Limited has commissioned and handed over three rehabilitated 100-bed capacity wards at the National Orthopedic Hospital, Igbobi, Lagos, as part of its Corporate Social Responsibility (CSR) initiatives aimed at improving healthcare delivery in Nigeria. The intervention, carried out through the NNPC Foundation Ltd./Gte., the CSR arm…
By Seun Ibiyemi President Bola Ahmed Tinubu has approved the removal of Mr. Saidu Mohammed as the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in what the Presidency described as a decision taken in the public interest. The President also approved the nomination of Mr. Rabiu Abdullahi Umar as…
Cadbury Nigeria Plc has announced the resignation of its director, Mrs. Ibukun Awosika, from its Board of Directors. The company disclosed this in a notice to the Nigerian Exchange Limited (NGX) and the investing public on Wednesday, signed by its Company Secretary, Afolasade Olowe. According to the statement, Awosika’s resignation will take effect from May…
The Senate has confirmed the nomination of Mr. Lamido Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN) and Ms. Peggy Onuwu as an Independent Director on the board of the Nigeria Deposit Insurance Corporation (NDIC). Their confirmation followed the consideration and adoption of the report of the Senate Committee on Banking, Insurance…
By Sodiq Adelakun A Federal High Court in Abuja has barred the Independent National Electoral Commission (INEC) from recognising or taking part in any state congresses organised by committees set up by the factional leadership of the African Democratic Congress (ADC) led by former Senate President, David Mark. In a judgment delivered on Wednesday, Justice…
By Sodiq Adelakun Dr Abdul-Azeez Adediran, popularly known as Jandor, has formally joined the race for the 2027 Lagos State governorship election after purchasing the Expression of Interest and Nomination Forms of the All Progressives Congress (APC). The Lagos4Lagos Movement leader disclosed this in a statement issued on Wednesday in Lagos through his spokesperson, Gbenga…
