By Seun Ibiyemi The Federal Government has disclosed plans to expand the Integrated National Security and Waterways Protection Infrastructure, known as the Deep Blue Project, as part of efforts to strengthen maritime security and boost Nigeria’s blue economy, while also increasing local fish production to reduce and eventually eliminate fish imports. The Minister of Marine…
By Seun Ibiyemi Prominent northern leaders and technocrats have called on the New Nigerian Development Company (NNDC) to reposition itself as a modern investment engine capable of driving economic revival, job creation, and sustainable development across Northern Nigeria. The call was made at the close of a two-day strategic retreat organised by the Board and…
By Seun Ibiyemi Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has bagged the Vanguard Newspapers’ 2025 Energy Innovation and Reform Icon of the Year Award. The award, which celebrates Nigerians making notable impacts across various fields, was received on his behalf by the company’s Executive Vice President, Business Services, Sophia Mbakwe,…
The Sports Writers Association of Nigeria (SWAN), Lagos State Chapter, has rejected claims suggesting the existence of an “Acting Chairman” within the association, insisting that Ambassador Olatutu Oladunni remains its duly elected and substantive chairman. In a statement signed by the Secretary of SWAN Lagos Chapter, Comrade Bello Omotunde, the association described as misleading a…
By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPCL) has denied claims circulating in some quarters that it is selling refinery scrap materials, equipment, or components to individuals and private companies, describing the reports as false and misleading. In a public notice issued on Friday in Abuja, the company said it had not authorised…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has formally approached the appellate court to challenge the recent Federal High Court ruling on the Dawes Island marginal field, in a move aimed at protecting investments and preserving stability in Nigeria’s oil and gas sector. The commission’s decision to file an application for leave to appeal followed…
The Tinubu Media Support Group (TMSG) has commended the Federal Government’s swift decision to reduce import tariffs, describing it as a strategic move to cushion the rising cost of living on Nigerians following the ongoing Persian Gulf crisis. In a statement jointly signed by its Chairman, Emeka Nwankpa, and Secretary, Dapo Okubanjo, the group said…
By Seun Ibiyemi Mixed reactions have continued to trail President Bola Tinubu’s request for Senate approval of a fresh $516 million external loan to finance sections of the Sokoto–Badagry Super Highway. The President had written to the Senate, seeking approval for a $516,333,070 loan expected to be sourced from Deutsche Bank. The letter, addressed to…
By Seun Ibiyemi The Nigeria Customs Service (NCS) has strengthened its strategic engagement with the Royal Malaysian Customs Department in a renewed push to enhance international customs cooperation, trade facilitation, and border security. This development followed an official visit by the Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, to the headquarters of the Royal Malaysian…
By Seun Ibiyemi The Nigerian equities market extended its positive run on Thursday, adding about N2.093 trillion to investors’ wealth as sustained buying interest in blue-chip stocks continued to drive market gains. The rally was largely supported by strong demand for stocks such as UAC of Nigeria, Unilever Nigeria, Trans-Nationwide Express, Tantalizers, and Dangote Sugar…
