By Seun Ibiyemi The Executive Chairman of Ikeja Local Government, Akeem Olalekan Dauda, has commenced the 2026 revenue drive with visits to key companies within the council area. During the engagements, Dauda emphasised the importance of prompt payment of rates and taxes, noting that compliance remains vital for sustaining development and delivering quality services to…
The Managing Director and Chief Executive Officer of the Nigerian Ports Authority, (NPA), Abubakar Dantsoho, has said Nigeria is at the forefront of Africa’s blue economy growth, driven by ongoing reforms and increased private sector participation. Dantsoho stated this on Wednesday while speaking at the Blue Economy Investment Summit in Abuja, noting that the country’s…
By Seun Ibiyemi The Senate, through its Committee on Public Accounts, has summoned the management of the Nigerian National Petroleum Company Limited to appear before it on or before April 29 to account for N210 trillion flagged in audit reports spanning 2017 to 2023. The committee directed the Group Chief Executive Officer, Bayo Ojulari, to…
By Seun Ibiyemi The Airline Operators of Nigeria has warned that domestic flight operations across the country may be suspended from April 20 due to the persistent rise in the cost of aviation fuel, also known as Jet A1. In a notice issued on Wednesday in Lagos, and signed by its President, Abdulmunaf Yunusa Sarina,…
By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation of 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) following their acquisition by new owners. This was disclosed in a statement issued on Wednesday and signed by the corporation’s Head of Communication and Public Affairs, Mrs….
By Seun Ibiyemi The Comptroller-General of the Nigeria Customs Service, Bashir Adeniyi, has pledged to construct a multimedia resource centre and establish a campus radio station for the Nigerian Institute of Journalism. Adeniyi made the commitment on Wednesday in Lagos during his acceptance speech after being conferred with a fellowship award at the institute’s special…
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the ongoing conflict in the Middle East is posing serious risks to global economic stability. Georgieva made this known on Wednesday during a briefing on the global policy agenda in Washington, D.C., where she expressed cautious optimism that the current ceasefire…
Governor Ahmed Ododo of Kogi State on Wednesday inaugurated the Governing Council and Principal Officers of Prince Abubakar Audu University (PAAU), Anyigba, urging them to reposition the institution for global competitiveness. The governor, who was represented by the Secretary to the Kogi State Government (SGS), Mrs. Folasade Ayoade, charged the new management team to work…
By Seun Ibiyemi The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate increased to 15.38 per cent in March 2026.This was contained in the NBS Consumer Price Index (CPI) and Inflation Report for March 2026 released in Abuja on Wednesday. According to the report, the figure represents a 0.32 per cent…
The Nigerian Exchange Group (NGX) has called on Small and Medium Enterprises (SMEs) in Kano to explore opportunities in the capital market as a pathway to business expansion and long-term wealth creation. Speaking on the sidelines of a stakeholders’ meeting themed “Unlocking Growth: Harnessing the Capital Market for SME Growth,” NGX Chairman, Umaru Kwairanga, emphasised…
