By Seun Ibiyemi The Corporate Affairs Commission (CAC) has warned accredited insolvency practitioners in Nigeria to complete their accreditation renewal by December 1, 2026, or risk automatic suspension and loss of eligibility to handle insolvency-related assignments. The commission also directed all accredited practitioners, including those whose certificates have not expired, to undergo fresh registration as…
By David Oluwatosin Renaissance Africa Energy Company Limited has partnered with 13 banks to provide $4.1 billion and ₦435 billion in financing to indigenous oil and gas contractors, in a move aimed at accelerating production growth and strengthening local industry capacity. The Renaissance Vendors Financing Scheme (RVFS) was unveiled at a Memorandum of Understanding (MoU)…
Africa Finance Corporation (AFC) has appointed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, as Chairman of its Board of Directors, in a move that places Nigeria’s apex bank chief at the helm of the pan-African infrastructure financing institution. Cardoso succeeds Ireti Samuel-Ogbu, who served as the corporation’s board chair and will…
By Seun Ibiyemi The Federal Government has unveiled Project Nigeria, a portfolio of 65 bankable investment opportunities valued at $78.5 billion, as it seeks to attract domestic and international institutional investors to critical infrastructure and industrial development. The investment pipeline was presented on Wednesday at the Nigeria Investors Forum, held on the sidelines of the…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has defended the Federal Government’s fuel price relief initiative through the Nigerian National Petroleum Company Limited (NNPC), insisting that the intervention does not amount to a reversal of Nigeria’s petroleum subsidy removal policy. The organisation said the initiative was a temporary response to…
By David Oluwatosin Vice-President Kashim Shettima has criticised former Anambra State Governor Peter Obi over his economic assessments of Nigeria and his continued claim that he won the 2023 presidential election. Shettima made the remarks on Wednesday during the inauguration of the All Progressives Congress (APC) Presidential Campaign Council at the State House Banquet Hall,…
By Seun Ibiyemi President Bola Ahmed Tinubu has said he will not accompany the All Progressives Congress (APC) Presidential Campaign Council to every campaign event ahead of the 2027 general elections, citing the demands of governance, financial obligations and Nigeria’s economic responsibilities. Tinubu made this known on Wednesday during the inauguration of the APC Presidential…
By Seun Ibiyemi The National Agency for Food and Drug Administration and Control (NAFDAC) conducted 213 raids, sealed 179 establishments and recorded 52 arrests between January and August 2026 as part of efforts to curb the circulation of substandard, falsified and unsafe regulated products in Nigeria. The agency disclosed this in its eight-month enforcement report…
By Seun Ibiyemi Nigeria’s Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has held talks with Ghana’s Minister for Fisheries and Aquaculture Development, Emelia Arthur, on strengthening bilateral cooperation to combat illegal fishing and promote sustainable management of fisheries resources across the West Central Gulf of Guinea. The meeting took place in Accra on…
Nigeria’s National Single Window (NSW) platform has processed 156,026 licences, permits and certificates since its launch on March 27, 2026, as the Federal Government advances plans to expand the digital trade facilitation system to cover export-related services. The project team disclosed this on Tuesday during a stakeholder engagement with the press in Abuja, where it…
