FG signs 2026 performance contract to boost trade, investment, industrial growth

The Federal Ministry of Industry, Trade and Investment has signed a 2026 performance contract and adopted a communiqué aimed at accelerating industrial growth, expanding trade and attracting investment as part of efforts to drive Nigeria’s economic transformation. The resolution was reached at the end of the ministry’s two-day 2026 Management Retreat held in Abuja, according…

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Troops neutralise suspected terrorists in Kaduna airstrike

By Seun Ibiyemi Troops conducting air support operations under Operation FANSAN YANMA have reportedly neutralised several suspected terrorists following a precision airstrike on a hideout in Giwa Local Government Area of Kaduna State. According to security sources cited by security analyst Zagazola Makama, the operation was carried out on Monday at about 5:10 p.m. after…

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NIMASA partners ILO training centre to strengthen maritime human capacity development

By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to human capacity development as a critical pillar for building a globally competitive maritime industry, following the signing of a Memorandum of Understanding (MoU) with the International Training Centre of the International Labour Organisation (ITC-ILO) in Turin, Italy. Speaking at…

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IGP urges police to take fight to criminals, unveils six-pillar security blueprint

The Inspector-General of Police (IGP), Kayode Egbetokun, has urged frontline police officers across the country to adopt a more offensive approach in combating insecurity, stressing that proactive operations against criminal elements would help deter bandits and other violent offenders. The IGP gave the charge on Wednesday during an interactive session with officers and men of…

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Investors lose N984bn as profit-taking triggers stock market decline

By Seun Ibiyemi Investors on the Nigerian Exchange Ltd. (NGX) lost N984 billion on Monday as widespread profit-taking, particularly in financial stocks, dragged the equities market into negative territory. The bearish sentiment saw the market capitalisation decline by 0.63 per cent, dropping from N156.969 trillion recorded on Friday to N155.985 trillion. Similarly, the benchmark All-Share…

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Customs to launch special operations against vegetable oil smuggling, records ₦1.3bn seizures

By Seun Ibiyemi The Nigeria Customs Service (NCS) has announced plans to intensify its crackdown on the smuggling of vegetable oil into the country through intelligence-driven special operations aimed at protecting local industries, preserving jobs, and strengthening Nigeria’s agricultural value chain. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this during a meeting with stakeholders in…

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NIMASA, Malta ship registry explore partnership to advance Nigeria’s ship registry

By Seun Ibiyemi The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola, has held strategic discussions with the Registrar General of Shipping and Seamen of the Malta Ship Registry, Mr. Ivan Tabone, on knowledge sharing and capacity building to support the modernization of the Nigerian Ship Registry. The engagement…

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