By David Oluwatosin The Federal Government is rerouting sections of the Lagos-Calabar Coastal Highway through the existing East-West Road from Ondo State into Edo State to avoid difficult terrain, address flooding challenges and reduce construction costs. Minister of Works, Dave Umahi, disclosed this on Monday, saying President Bola Tinubu had directed the ministry to use…
By Seun Ibiyemi Dangote Petroleum Refinery and Petrochemicals FZE has extended the closing date of its initial public offering (IPO) by two weeks to October 27, 2026, to allow more investors across Africa to participate in the share sale. The extension, approved by the Securities and Exchange Commission (SEC), moves the deadline from October 13,…
By Seun Ibiyemi The Association of Maritime Truck Owners (AMATO) has called for an urgent police investigation into the alleged assault and degrading treatment of a Nigerian truck driver and his motor boy at the premises of Karma Agric Feed & Foods Ltd along the Lagos-Ibadan Expressway. The association, in a statement signed by its…
The Federal High Court in Abuja has struck out an eight-count forgery charge against Prince Adeniyi Adeyemi, the self-proclaimed Director-General of the alleged Presidential Foreign Investment Promotion Council (PFIPC), following the Federal Government’s decision to discontinue the prosecution. Justice Mohammed Umar terminated the proceedings on Monday after the Director of Public Prosecutions of the Federation…
By Seun Ibiyemi The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has declared that Nigeria is open for business, urging local and international investors to take advantage of opportunities in the country’s oil and gas sector. Lokpobiri said the Federal Government was strengthening the investment climate through reforms, improved regulatory frameworks and…
By David Oluwatosin Vice-President Kashim Shettima has urged northern leaders and residents to support President Bola Tinubu’s re-election bid in 2027, arguing that the region stands to benefit more from the administration’s policies, appointments and development projects. Shettima made the appeal on Monday when he received a delegation of Arewa for Asiwaju (A4A), a northern-based…
By Seun Ibiyemi The Nigeria Civil Aviation Authority (NCAA) has commenced a comprehensive review of its Personnel Licensing (PEL) examinations to align assessment standards with emerging aviation technologies, changing regulations and international safety requirements. The review is aimed at improving the competence of aviation professionals, including pilots, aircraft maintenance engineers and air traffic controllers, whose…
By Seun Ibiyemi The Federal Government has paid N1.23 trillion in legacy debts owed to power generation companies (Gencos) and plans to clear the outstanding balance in 2027, as it intensifies efforts to improve electricity supply and attract investment into the power sector. The Minister of Power, Joseph Tegbe, disclosed this at the Harvard Business…
By Seun Ibiyemi The Federal Government has expressed readiness to partner with Norway on satellite-based surveillance of Nigerian waters to tackle illegal fishing, protect marine resources and safeguard the livelihoods of local fishermen.** The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, disclosed this on Monday when he received Norway’s Ambassador to Nigeria, Svein…
By Seun Ibiyemi Chairman of SIFAX Group, Dr. Taiwo Afolabi has identified exceptional customer experience as a critical driver of business growth, saying companies must build trust, demonstrate responsiveness and sustain strong relationships with customers to secure their loyalty and long-term patronage. Afolabi stated this during the 2026 Customer Service Week celebration at the company’s…
