By Seun Ibiyemi After years of shaping maritime discourse on global platforms, renowned maritime policy expert and former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, is set to make a highly anticipated return to the Nigerian maritime conference circuit as a keynote speaker at the 8th WISTA Africa Regional…
By Seun Ibiyemi The Transportation Correspondents Association of Nigeria (TCAN) has announced plans to honour outstanding contributors to Nigeria’s transportation sector at its 2026 Annual Transport Summit through the presentation of the Champions of Transport Industry Development (CoTID) awards. The summit, scheduled for September 24, 2026, will be held at Radisson Hotel & Suites, Lagos,…
By Seun Ibiyemi Nigeria’s oil and gas production remains unaffected despite the ongoing industrial action by workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which has disrupted administrative operations at the commission’s offices nationwide. The assurance came on Monday as members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) continued…
…as Nigerian firms dominate sector By Seun Ibiyemi Renaissance Africa Energy Company has emerged as Africa’s leading independent oil and gas producer, reinforcing Nigeria’s growing dominance in the continent’s upstream petroleum sector. The ranking was contained in a new report by global energy intelligence firm Wood Mackenzie and published in The Edge, which listed Renaissance…
Investors on the Nigerian Exchange Limited (NGX) lost N1.811 trillion on Monday as widespread profit-taking across major stocks pushed the equities market into negative territory on the first trading day of June. The sharp decline came as the capital market commenced trading under the newly introduced T+1 settlement cycle, a reform aimed at improving market…
The governorship candidate of the All Progressives Congress (APC) in Osun State, Mr. Bola Oyebamiji, has expressed confidence that he will emerge victorious in the August 15 governorship election, declaring that he looks forward to returning to pay homage to President Bola Ahmed Tinubu as the next governor of the state. Oyebamiji made the declaration…
…as capital market reforms boost investor confidence By Seun Ibiyemi Nigeria’s Assets Under Management (AUM) have surged from N3.2 trillion to N10 trillion within two years, underscoring growing investor confidence and the positive impact of reforms in the country’s capital market, the Securities and Exchange Commission (SEC) has said. The Director-General of SEC, Dr. Emomotimi…
By Seun Ibiyemi The Lagos State Police Command has dismissed as false and misleading reports circulating on social media alleging that armed bandits invaded communities in Ibeju-Lekki, Imota, Oke-Afo and other parts of the state. The Command described the viral claims as unfounded and designed to create fear, panic and anxiety among residents, assuring the…
By Seun Ibiyemi President Bola Ahmed Tinubu has commended the Nigerian Navy for its seven decades of service in safeguarding the nation’s maritime domain, describing the Service as a critical pillar of Nigeria’s security architecture and economic growth. The President gave the commendation on Monday at the 2026 International Fleet Review held at the Eko…
By Seun Ibiyemi The Nigerian naira strengthened against the United States dollar at the official foreign exchange market on Monday, continuing its recent recovery amid improved liquidity and sustained interventions by the Central Bank of Nigeria (CBN). Data from the Nigerian Foreign Exchange Market (NFEM) showed that the naira closed at N1,366.79 per dollar, compared…
