Ports and Cargo Handling Services Limited, a subsidiary of SIFAX Group, has attributed its operational rebound in 2025 to a strategic decision to refocus its business on general cargo and break-bulk handling. The company disclosed that the improved performance followed a deliberate repositioning of its terminal after a difficult 2024, during which the loss of…
The Federal Government has issued commendation letters to nine members of the Inter-Ministerial Committee in recognition of their outstanding contributions to Nigeria’s successful election into Category C of the Council of the International Maritime Organization (IMO) for the 2026–2027 biennium. The election was held on 28 November 2025 in London, where Nigeria secured a seat…
…Charges Kebbi command officers on discipline, transit integrity By Adeyemi David The Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi, on Saturday, 7 February 2026, paid homage to the Emir of Gwandu, His Royal Highness Muhammadu Bashar, as part of ongoing efforts by the Nigeria Customs Service (NCS) to deepen collaboration with traditional institutions in strengthening…
The Nigeria Customs Service (NCS) has reaffirmed its commitment to strengthening border security and facilitating legitimate transit trade following the Federal Government’s approval to reopen the Tsamiya Border Corridor in Kebbi State. The development was announced during a high-level stakeholders’ engagement held at the Government House in Kebbi over the weekend. The meeting brought together…
By Adeyemi David The Federal Government has commended the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, for his role in Nigeria’s successful election into Category C of the Council of the International Maritime Organization (IMO) for the 2026–2027 biennium. The Minister of Marine and Blue Economy, Adegboyega Oyetola, conveyed…
By Adeyemi David The Centre for the Promotion of Private Enterprise (CPPE) has cautioned policymakers against imposing compulsory domestic processing requirements on primary products without first establishing adequate local capacity, warning that such measures could distort markets and harm producers. In a policy brief released on Sunday by the Executive Officer of CPPE, Dr. Muda…
Electricity consumers in Lagos and parts of Oyo State are facing renewed power disruptions following a drop in generation caused by gas supply constraints on the National Grid, as well as infrastructure damage linked to a road accident in Ibadan. In separate notices issued on February 7, 2026, Ikeja Electric and Eko Electricity Distribution Company…
By Adeyemi David The Nigerian Exchange Ltd. (NGX) recorded a bullish performance last week as the All-Share Index and market capitalisation rose by 3.84 per cent to close at 171,727.49 points and N110.235 trillion respectively. The latest figures marked an increase from the previous week’s close of 165,370.40 points and N106.153 trillion, translating to a…
By Emmanuel Gbadebo The Registrar-General of Corporate Affairs Commission (CAC), Mr. Hussaini Magaji has disclosed that the commission has deregistered over 400,000 companies from it system in 2025 year. The RG stated this during a “Celebration Walk” organised by the commission in Abuja on Saturday. He said ” we have deregistered over 400,000 companies from…
Skyway Aviation Handling Company Plc recorded a remarkable performance in 2025, with profit before tax soaring to N14.28 billion, more than double the N6.48 billion posted in 2024. The fourth quarter alone contributed N3.9 billion, up from N1.8 billion in Q4 2024, driven by higher quarterly revenue. Full-year revenue rose sharply to N44.4 billion, bolstered…
