By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has commended the Federal Government’s presentation of its economic reform scorecard, saying the reforms have delivered measurable macroeconomic gains but must now translate into improved productivity, jobs, incomes and living standards. In a statement signed by its Chief Executive Officer, Dr Muda Yusuf,…
Dangote Transport has taken another major step towards improving road safety with the launch of a state-of-the-art Driver Monitoring Control Room that allows drivers operating its trucks to be monitored in real time while on transit across Nigeria. The innovative facility, located at the Dangote Transport operational base in Ibese, Ogun State, was recently showcased…
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has claimed that President Bola Tinubu will relocate Nigeria’s capital from Abuja to Lagos if he wins the 2027 presidential election. Ayodele made the claim in a video shared on X while speaking about Tinubu’s bid for a second term under the platform of the…
The Presidential Working Group on the National Policing Bill has reminded stakeholders that the extended deadline for submitting memoranda and position papers on the proposed legislation expires at 5:00 p.m. on Friday, August 21, 2026. Chairman of the Working Group and Chief of Staff to President Bola Tinubu, Rt. Hon. Femi Gbajabiamila, disclosed this in…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given the 31 companies that emerged provisional winners of 37 oil and gas blocks in the 2025 licensing round 60 days to complete payment of signature bonuses and other post-award requirements. The commission issued the directive as part of the next stage of the licensing process, warning…
By Seun Ibiyemi The Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have commenced investigations into the utilisation of the N12bn Federal Government intervention fund released to the Nigeria Football Federation (NFF) for outstanding payments to national team players and officials. The fund was approved by…
The Federal Government has announced plans to sanction underperforming electricity distribution and generation companies as part of a broader reform programme aimed at improving power supply and driving industrial growth. Minister of Power, Joseph Olasunkanmi Tegbe, disclosed the plan in a policy brief presented by his Special Adviser, Martins Olajide, at the Nigerian Economic Summit…
Guaranty Trust Holding Company Plc (GTCO) has secured approval from the Nigerian Exchange Limited (NGX) to extend the deadline for publishing its audited half-year financial statements for the period ended June 30, 2026. The new deadline has been set for September 30, 2026, subject to GTCO obtaining the required regulatory approval before releasing the results…
United Bank for Africa (UBA) Plc has appointed Ibrahim Ajimasu Puri as a Non-Executive Director of the bank, subject to approval by the Central Bank of Nigeria (CBN). The appointment was disclosed in a regulatory filing with the Nigerian Exchange Limited (NGX) on Thursday and signed by the Group Company Secretary and Legal Counsel, Bili…
First City Monument Bank (FCMB) has unveiled plans to deepen its agritech strategy by deploying artificial intelligence-powered advisory services in major Nigerian languages to improve access to finance, information and support for smallholder farmers. The bank disclosed this in its Agritech Alumni Impact Report covering 2018 to 2026, stating that it would continue to support…
