By Seun Ibiyemi The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Lagos State Electricity Regulatory Commission (LASERC) for recent consumer focused reforms aimed at stopping estimated billing within the Lagos electricity market. The Commission particularly welcomed LASERC’s position in the 2025 Lagos Electricity Market Report supporting the enforcement of existing legal provisions…
The Nigerian Shippers’ Council says its dispute resolution interventions in the first quarter of 2026 saved maritime stakeholders more than N348.8 million across the nation’s ports. The Executive Secretary of the council, Pius Akutah, disclosed this on Tuesday during an interview with journalists in Lagos. Akutah said the council received 32 complaints within the period,…
…Says passengers were not abandoned By Seun Ibiyemi The Director-General of the Nigeria Civil Aviation Authority (NCAA), Chris Najomo, has defended Air Peace over its handling of a disrupted international flight service, insisting that the airline complied with aviation regulations and did not abandon passengers. Speaking with journalists in Lagos on Tuesday, Najomo explained that…
By Seun Ibiyemi The Dangote Petroleum Refinery significantly expanded its operations in April 2026, increasing petrol supplies to the domestic market while sustaining strong export volumes, according to the latest factsheet released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The report showed that the refinery exported an average of 15.1 million litres…
By Seun Ibiyemi United Bank for Africa (UBA) Plc has reaffirmed its commitment to advancing Africa’s economic transformation through entrepreneurship, innovation, trade facilitation, and strategic global partnerships at the Africa Forward Summit 2026 held in Nairobi, Kenya. The Summit, themed “Africa–France Partnerships for Innovation and Growth,” convened Heads of State, policymakers, investors, entrepreneurs, and business…
Senator representing Edo North, Adams Oshiomhole, on Tuesday defended his call for the nationalisation of MTN Group and other South African-owned businesses operating in Nigeria, insisting that the protection of Nigerian lives should take precedence over foreign investment concerns. Speaking during an interview on Arise News, Oshiomhole argued that Nigeria should adopt tougher economic measures…
…Says Nigeria’s tax system suffered from structural weaknesses By Seun Ibiyemi Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned that the country can no longer rely heavily on borrowing to finance development, stressing the need for a sustainable fiscal system capable of supporting key sectors of the economy. Oyedele…
By Seun Ibiyemi Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, has taken the country’s blue economy campaign to the Africa Forward Summit in Nairobi, Kenya, where he joined a high-level panel discussion focused on maritime sovereignty and sustainable development. The panel session, themed “Blue Economy — Maritime Sovereignty & Sustainable Valorization,” brought together…
By Wale Afolabi The Federal Government on Monday announced that 16 years remains the minimum age requirement for admission into tertiary institutions across the country, as part of ongoing reforms and policy reviews in the education sector. The Minister of Education, Tunji Alausa, disclosed this during the 2026 Policy Meeting on Admissions to Tertiary Institutions…
Gov. Ademola Adeleke of Osun has approved the deposition of Oba Joseph Oloyede as the Apetumodu of Ipetumodu in Ife North Local Government Area of the state. This is contained in a statement issued on Monday in Osogbo by the governor’s spokesperson, Malam Olawale Rasheed. According to the statement, Oba Oloyede’s deposition followed his conviction…
