By Seun Ibiyemi The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dayo Mobereola, has reaffirmed that Nigerian youths will play a central role in driving the country’s Marine and Blue Economy agenda, declaring that Nigeria’s ambition to become Africa’s “Blue Giant” depends on the active participation of the younger generation. Mobereola made…
By Seun Ibiyemi The National Inland Waterways Authority (NIWA) has intensified its campaign on marine safety and environmental protection in the Federal Capital Territory (FCT), sensitising waterfront communities on safe navigation and the need to protect the nation’s inland waterways as the rainy season reaches its peak. The awareness campaign, organised by the NIWA Abuja…
By Seun Ibiyemi The Central Bank of Nigeria (CBN) imposed N430 million in penalties on financial institutions in 2025 for delays in resolving customer complaints and failure to comply with regulatory directives, reinforcing its tougher stance on consumer protection and regulatory compliance in the banking sector. The sanctions were disclosed in the apex bank’s 2025…
With less than three weeks to the August 15 governorship election in Osun State, the Ooni of Ife, Enitan Ogunwusi, has expressed concern over rising political tension in the state, calling on the Independent National Electoral Commission to conduct a free, fair and credible election capable of restoring public confidence and preserving peace. The monarch…
The Federal Government has fulfilled another major promise to Nigeria’s Super Falcons by presenting each member of the squad with the keys to a three-bedroom apartment ahead of the team’s opening match at the 2026 Women’s Africa Cup of Nations (WAFCON) in Morocco. The symbolic presentation was conducted on Tuesday in Rabat by officials of…
By Seun Ibiyemi The Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have signed a Memorandum of Understanding (MoU) to accelerate the deployment of sustainable digital infrastructure by integrating renewable energy solutions with telecommunications infrastructure across Nigeria. The partnership was formalised during the NCC–REA Stakeholder Workshop held at the NCC Annex Office Auditorium…
By Seun Ibiyemi The Nigeria Customs Service (NCS) has reaffirmed its commitment to coordinated border management and regional trade integration following a high-level benchmarking mission to the Beitbridge Border Post between Zimbabwe and South Africa. The five-day mission, supported by the African Export-Import Bank (Afreximbank), brought together the Comptroller-General of Customs, Adewale Adeniyi, alongside the…
By Seun Ibiyemi Nigeria LNG Limited (NLNG) has generated more than $150 billion in cumulative revenue and remitted over $10 billion in taxes to the Federal Government since commencing operations 37 years ago, reinforcing its position as one of Nigeria’s largest corporate contributors to public revenue. The company’s Managing Director and Chief Executive Officer, Adeleye…
…Challenge commission to exceed 2026 target by 20% By Seun Ibiyemi The House of Representatives has commended the Securities and Exchange Commission (SEC) for strengthening its financial sustainability through prudent cost-cutting measures and improved internally generated revenue, while challenging the capital market regulator to surpass its 2026 revenue target by at least 20 per cent….
Petrol depot prices fell across Nigeria’s major fuel distribution hubs on Tuesday as marketers implemented fresh price cuts of up to ₦23 per litre, reflecting intensifying competition in the downstream petroleum sector amid improved product availability. An analysis of the mid-day depot price report showed that marketers across Lagos, Warri, Calabar and Port Harcourt either…
