NUPRC CEO commits to boosting Women’s participation in maritime, energy industries

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…

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NAFDAC’s 5+5 policy drives surge in foreign investment in pharma sector

By Seun Ibiyemi The National Agency for Food and Drug Administration and Control (NAFDAC) has reported a significant rise in foreign investment in Nigeria’s pharmaceutical sector, attributing the development to the successful implementation of its 5+5 Policy. The policy, introduced in 2018 by NAFDAC’s Director-General, Mojisola Adeyeye, is designed to promote local drug manufacturing by…

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Group commends Ojulari’s reforms, urges fairness in pipeline surveillance contracts

The People’s Wellbeing Association (PWA) has praised the Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd.), Bayo Ojulari, for what it described as landmark reforms that have repositioned the national oil company. The commendation was conveyed in a statement issued on Monday in Abuja by the group’s Head of Communications, Abba Abubakar….

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Saraki calls for unity as PDP moves to rebuild ahead of 2027 elections

Former Senate President Bukola Saraki has reaffirmed his commitment to the reconciliation process within the Peoples Democratic Party (PDP), urging members to unite and reposition the party ahead of the 2027 general elections. Speaking at the PDP 2026 National Convention, Saraki stressed the need for members to rebuild trust, close ranks, and place the party’s…

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NGX records 32.75% drop in trading value amid mixed market performance

By Seun Ibiyemi The Nigerian Exchange Limited (NGX) recorded a significant decline in trading activity for the week, as total transaction value fell by 32.75 per cent, reflecting cautious investor sentiment. A total turnover of 3.950 billion shares valued at N201.312 billion was traded in 359,642 deals during the week, compared to 8.761 billion shares…

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CPPE raises alarm over weak economic impact of bank recapitalisation

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…

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Dele Alabi emerges 24th CIBN president as institute holds 2026 AGM

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,…

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