By Seun Ibiyemi The Nigerian naira closed the trading week ended June 5, 2026 in a broadly stable but structurally fragile position, reflecting a foreign exchange market still balancing persistent demand-side pressures against intermittent policy-driven support and improving but uneven dollar liquidity. A closer analysis of market activity shows that the apparent stability in the…
By Seun Ibiyemi President Bola Tinubu has assured Nigerians that his administration will intensify efforts to alleviate economic hardship, tackle insecurity and secure the release of all persons held captive across the country. The President gave the assurance in a message delivered by the Secretary to the Government of the Federation (SGF), Senator George Akume,…
By Seun Ibiyemi Heirs Energies Limited has received international recognition for its landmark US$750 million financing transaction, with the company’s Chief Executive Officer, Mr. Osa Igiehon, praising financing partners, advisers and stakeholders whose support made the deal possible. The financing facility was recently recognised as the Best Oil & Gas Deal of the Year at…
By Seun Ibiyemi Nigeria has said it will leverage the €59 million West Africa Sustainable Ocean Programme (WASOP) to intensify the fight against illegal, unreported and unregulated (IUU) fishing while strengthening marine resource management and ocean governance. The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, disclosed this during a meeting with the European…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has called on the House of Representatives to reject the proposed Sugar-Sweetened Beverage (SSB) Tax Bill, warning that the legislation could undermine Nigeria’s manufacturing sector, threaten jobs, and worsen the cost of doing business. In a statement issued on Sunday, the Chief Executive…
By Seun Ibiyemi Sahara Group Foundation has commissioned a new Sahara Go Recycling Hub in Masaka, Nasarawa State, extending structured recycling access to communities in Northern Nigeria. Delivered in partnership with the Nasarawa State Waste Management Authority (NASWAMSA), the hub marks a significant step in scaling practical, community-driven sustainability solutions across the country. The Sahara…
By Seun Ibiyemi The NNPC Foundation, the Corporate Social Responsibility arm of NNPC Limited, has donated and commissioned a state-of-the-art 1.5 Tesla Magnetic Resonance Imaging (MRI) machine at the National Orthopaedic Hospital (NOH), Dala, Kano State, in a move aimed at strengthening healthcare delivery and improving access to advanced diagnostic services. The facility, which was…
By Seun Ibiyemi The National Inland Waterways Authority (NIWA) has reaffirmed its commitment to maintaining clean, safe and sustainable inland waterways as Nigeria joined the rest of the world to commemorate the 2026 World Environment Day. The Acting Managing Director and Chief Executive Officer of NIWA, Umar Yusuf Girei, made the commitment in a statement…
By Seun Ibiyemi The Lagos State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has arrested four suspected members of a cross-border criminal syndicate and rescued 24 victims from illegal camps in Itoga, Badagry, in what authorities described as a major breakthrough in the fight against human trafficking and related crimes. The suspects,…
…as Meren Energy deepens nigeria investment commitment The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2026 Licensing Round will commence no later than the third quarter of 2026 following approval by the Minister of Petroleum Resources, signaling the Federal Government’s continued drive to attract investment into Nigeria’s oil and gas sector. The…
