By Seun Ibiyemi Skyway Aviation Handling Company Plc (SAHCO) has strengthened its passenger accessibility services with the acquisition and deployment of a high-capacity AmbuLift, becoming the only aviation ground handling company in Nigeria to own and operate the specialised equipment. The AmbuLift is designed to provide safe, dignified and efficient embarkation and disembarkation assistance to…
By Seun Ibiyemi The Maritime Anti-Corruption Network (MACN) has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for reforms aimed at improving transparency, accountability and integrity in Nigeria’s maritime sector. The network said the reforms had contributed significantly to the improved business environment and greater transparency currently being witnessed across the sector. Chief Executive…
By Seun Ibiyemi The National Drug Law Enforcement Agency (NDLEA) has signed a Memorandum of Understanding (MoU) with the National Drug Enforcement Authority (NDEA) of the United Arab Emirates (UAE) to strengthen intelligence-sharing and joint operations against drug trafficking along the Nigeria-UAE corridor. The agreement was signed on Saturday, September 26, 2026, on the sidelines…
By Seun Ibiyemi The Federal Government has commissioned a 581kWp interconnected solar mini-grid with 1.4MW battery storage capacity in Oke-Oyi Community, Ilorin East Local Government Area of Kwara State, as part of efforts to expand reliable electricity supply to rural communities. The project, commissioned by the Minister of Power, Joseph Tegbe, is designed to provide…
By Seun Ibiyemi The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has called for inclusive investment in Nigeria’s fisheries sector, stressing that new investments must improve the livelihoods of artisanal fishers rather than displace the millions of Nigerians who depend on the sector. Oyetola made the call when he received a delegation of…
…Project to develop 15 ferry routes, dredge 140km waterways, upgrade 25 terminals By Seun Ibiyemi The Lagos State Government is investing €410 million in the Omi-Eko project to transform the state’s inland waterways into a modern, integrated public transportation network and ease pressure on the road system. The Special Adviser to the Lagos State Governor…
The naira strengthened across Nigeria’s foreign exchange markets on Wednesday, as increased trading activity in the official market and rising external reserves continued to support the local currency. In the parallel market, the naira appreciated to N1,375 per dollar from N1,383 on Tuesday, gaining N8. Similarly, the local currency strengthened in the Nigerian Foreign Exchange…
Nigeria produced approximately 307 million barrels of crude oil and condensate between March and August 2026, with daily output rising to a six-month peak of 1.74 million barrels per day (bpd) in June. Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that combined crude oil and condensate production averaged about 1.67 million bpd…
By David Oluwatosin A United States-based lobbying and advisory firm working for former Vice-President Atiku Abubakar has announced plans to file a $36 million federal lawsuit against President Bola Tinubu and Femi Fani-Kayode in the United States. Von Batten-Montague-York, L.C. said it had been cleared and authorised to proceed with the proposed action, which it…
The Securities and Exchange Commission (SEC) will on October 19, 2026, convene key stakeholders in Nigeria’s capital market for its National Capital Market Conference, where the Nigerian Capital Market Master Plan 2.0 (NCMMP 2.0) and the National Savings Scheme will be unveiled. The conference, scheduled to hold at the Banquet Hall of the Presidential Villa,…
