By Seun Ibiyemi President Bola Ahmed Tinubu has commissioned a newly constructed Federal Operations Unit (FOU), Zone ‘A’ office complex of the Nigeria Customs Service in Iperu, Ogun State, marking a significant step in the Service’s expansion and reform agenda. Speaking during the ceremony held on Saturday, the Comptroller-General of Customs, Adewale Adeniyi, said the…
By Seun Ibiyemi The Chairman of the African Petroleum Regulators Forum (AFRIPERF) and Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan has outlined a vision for Africa’s energy future centered on unity, stronger institutions, and cross-border collaboration. Eyesan presented her agenda during her maiden Executive Committee Meeting of AFRIPERF, held virtually…
By Seun Ibiyemi The Minister for Finance, Wale Edun has praised the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for boosting Nigeria’s daily oil production to 1.84 million barrels per day, calling the achievement “fantastic” and urging continued progress toward the two million barrels per day target. Edun made the remarks during a visit by NUPRC…
By Seun Ibiyemi The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has called on Nigerians to exercise extraordinary religious tolerance as Christians celebrate the Easter season. In a statement issued on Friday by the Director of Media and Public Affairs at the Ooni’s Palace, Moses Olafare, the monarch described Easter as a period symbolising…
By Seun Ibiyemi Nestlé Nigeria Plc’s iconic brand, MAGGI, has announced rising music sensation Qing Madi as the face of its latest campaign, “Me & MAGGI: So Good Together,” aimed at connecting with younger consumers through food, music, and shared experiences. The unveiling took place at Nestlé Nigeria’s Head Office in Lagos and marks MAGGI’s…
By Seun Ibiyemi President Bola Ahmed Tinubu on Saturday commissioned a series of landmark projects in Ogun State, including the Federal Operations Unit, Zone A, the anti-smuggling arm of the Nigeria Customs Service – featuring a multi-billion naira new office building at Iperu. He also inaugurated the Customs Training College housed within the same facility….
NEM Insurance Plc has reported a profit before tax of N27.98 billion for the 2025 financial year, representing a 17 per cent decline from the N33.70 billion recorded in 2024. The performance was disclosed in the company’s audited financial statements for the year ended December 31, 2025, reflecting the impact of rising claims, reinsurance costs,…
The Oyo State Government, in partnership with First City Monument Bank (FCMB), has disbursed ₦1.5 billion in collateral-free loans to 1,000 young agripreneurs to boost food production and support youth-led enterprises. The funding was delivered under the Easylift programme in collaboration with the Mastercard Foundation. It combines ₦500 million contributed by the state government with…
By Seun Ibiyemi Berger Paints Plc has released its audited 2025 financial results on the Nigerian Exchange Limited, reporting a pretax profit of N2.4 billion, representing a 116.43 per cent year-on-year increase. The strong performance was driven by improved revenue, with total sales rising by 19.93 per cent to N12.9 billion from N10.8 billion recorded…
By Seun Ibiyemi Wema Bank Plc has reported a profit before tax of N221.8 billion in its audited financial results for the 2025 financial year, representing a 116.44 per cent increase compared to N102.5 billion recorded in 2024. The audited figure is slightly lower than the previously released unaudited profit of N222 billion, reflecting marginal…
