By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency (NIMASA) has unveiled plans to fully NIMASA gets new maritime guard commanderautomate the Nigerian Ship Registry as part of a broader strategy to reposition the country’s flag for global competitiveness. The agency disclosed this at a breakfast meeting with shipowners, boat operators and other maritime…
By Seun Ibiyemi The Comptroller-General of Customs, Adewale Bashir Adeniyi, on Friday handed over 1,650 jerrycans of Premium Motor Spirit (PMS) valued at N40.7 million to the Nigerian Midstream and Downstream Petroleum Regulatory Authority for investigations. Speaking at the handover ceremony in Lagos, Adeniyi said the seized contraband was intercepted at various locations, including Badagry,…
By Adeyemi David The police on Friday arraigned a 32-year-old man, Faseun Ojo, before an Ado-Ekiti Magistrates’ Court for allegedly stealing a mobile phone valued at N170,000. Ojo, who has no fixed address, is facing a one-count charge of stealing. He pleaded not guilty to the charge. The prosecutor, Insp. Olubu Apata, told the court…
By Adeyemi David 35-Year-Old Arraigned in Ibadan Court Over Alleged N900,000 Theft of Building Materials A 35-year-old man, Aliyu Mohammed, has been arraigned before a Grade A Customary Court sitting in Mapo, Ibadan, over the alleged theft of building materials valued at N900,000. Mohammed was docked on a four-count charge bordering on conspiracy, break-in, malicious…
By Seun Ibiyemi The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has endorsed the recent Executive Order signed by Bola Ahmed Tinubu directing that oilExecutive order: Tinubu direct oil, gas revenue remittance to federation account and gas revenues be paid directly into the Federation Account. The Commission described the directive as a landmark decision that…
By Adeyemi David The Department of State Services (DSS) is set to arraign former Kaduna State Governor, Nasir El-Rufai, N432bn corruption probe: El-Rufai remains in EFCC custody on February 25 over alleged cybercrime offences and breach of national security. Justice Joyce Abdulmalik of the Federal High Court fixed the date for the arraignment after the Chief…
By Seun Ibiyemi Carloha Nigeria, the authorised dealer of Chery vehicles, officially unveiled the Chery Himla pickup brand at a landmark launch event at the Orange Island, Lekki, Lagos on February 19, 2026. The Himla marks Chery’s entry into the Nigerian pickup segment, positioning pickups not just as transport tools but as high-efficiency mobile business…
Ecobank Nigeria has announced the full repayment of its $300 million eurobond, including both the outstanding principal and accrued interest, originally due on February 16, 2026. The repayment marks a major milestone in the bank’s liability management strategy and efforts to strengthen its balance sheet. Following the successful repayment, Ecobank Nigeria said it will prioritize…
By Adeyemi David The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has searched the Abuja residence of former Kaduna State Governor, Nasir El-Rufai, as investigations into alleged financial misconduct continue to unfold. Muyiwa Adekeye, media aide to the former governor, confirmed on Thursday that ICPC officials conducted a search at El-Rufai’s residence on…
By Seun Ibiyemi Guaranty Trust Holding Company Plc (GTCO) emerged as the most traded stock by value on Thursday as the Nigerian equities market extended its bullish rally, delivering a N1.698 trillion gain to investors. GTCO recorded the highest value of traded equities at N6.20 billion, accounting for 16.51 per cent of the total value…
