By Seun Ibiyemi The Federal Government’s N501.02 billion bond issuance has been hailed as a significant milestone in Nigeria’s ongoing power sector reform, aimed at addressing longstanding liquidity challenges and restoring investor confidence. Mr. Bolaji Tunji, Special Adviser on Strategic Communications and Media Relations to the Minister of Power, Adebayo Adelabu, disclosed this in a…
By Seun Ibiyemi The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has disclosed that Nigeria is targeting a seven per cent annual Gross Domestic Product (GDP) growth rate as part of efforts to reduce poverty and drive sustainable economic development. Edun made this known on Monday in Lagos during the…
By Seun Ibiyemi The Sea Empowerment and Research Center (SEREC) has called for the integration of rail transport into Nigerian seaports, stressing that such a move is critical to improving maritime trade efficiency and driving national economic growth. Head Researcher at SEREC, Mr. Eugene Nweke made the call on Monday in Abuja during an interview…
By Seun Ibiyemi The Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Oritsemeyiwa Eyesan has pledged to intensify efforts to promote gender inclusion and empower women across Nigeria’s maritime and energy sectors. She made the announcement on Friday, March 27, 2026, during her keynote speech at the 5th anniversary of the Women in Maritime…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns that Nigeria’s bank recapitalisation exercise, despite being largely successful, is failing to translate into meaningful support for the real economy. In a policy brief released on Sunday by CPPE, Chief Executive Officer, Dr. Muda Yusuf acknowledged the efforts of the…
By Seun Ibiyemi The Chartered Institute of Bankers of Nigeria (CIBN) has elected new national officers following its 2026 Annual General Meeting (AGM) held at the Bankers House in Victoria Island, Lagos. The meeting, attended by members and key stakeholders in the banking and financial services industry, featured the presentation of the Institute’s annual report,…
By Seun Ibiyemi The Nigerian Navy and the Nigeria Customs Service (NCS) have reaffirmed their commitment to enhanced inter-agency collaboration aimed at improving port operations and safeguarding national economic interests. This was highlighted on Thursday as the Commander, Materials Clearing and Inspection Office (MCIO), Nigerian Navy Apapa, Captain U.S. Akoh, led a delegation on a…
By Seun Ibiyemi Nigeria has recorded a major milestone in its digital transformation drive as the National Information Technology Development Agency (NITDA) formally assumed control of the Nigeria Government Enterprise Architecture (NGEA) infrastructure. The handover ceremony, held in Abuja, marks a significant step in advancing digital governance through a strategic partnership between NITDA and the…
By Seun Ibiyemi The Manufacturers Association of Nigeria (MAN) has raised concerns over the potential negative impact of the escalating conflict involving the United States, Israel, and Iran on Nigeria’s manufacturing sector, warning that recent economic gains could be reversed. In a position paper, MAN said the geopolitical tensions have already sent shockwaves across the…
By Seun Ibiyemi The Comptroller-General of Customs and Chairperson of the Council of the World Customs Organization, Adewale Adeniyi, has delivered a historic keynote address at the opening of the 46th Session of the WCO Enforcement Committee in Brussels. The event marked the first time in the committee’s 43-year history that its opening session was…
