By Seun Ibiyemi The Nigerian Railway Corporation (NRC) has increased the number of trips on the Abuja-Kaduna Train Service (AKTS) corridor in response to growing passenger demand. The Chief Public Relations Officer of the corporation, Mr. Callistus Unyimadu, disclosed this in a statement issued on Tuesday in Lagos, noting that the new timetable will take…
The Society of Petroleum Engineers Nigeria Council has called for resilience, disciplined execution, and strategic coordination to reposition Nigeria as a leading player in the global oil market. The Chairman of the Council, Mr. Francis Nwaochei made the call ahead of the 2026 Oloibiri Lecture Series and Energy Forum (OLEF), scheduled for April 9 at the…
The fundamental rights enforcement suit filed by former Kaduna State Governor, Nasir El-Rufai, against the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and four others suffered a setback on Tuesday due to failure to serve the respondents. The matter, which came up before Justice Joyce Abdulmalik of the Federal High Court, Abuja, could…
By Seun Ibiyemi The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called for urgent measures to consolidate and strengthen Nigeria’s domestic refineries through the provision of adequate and consistent crude oil supply, citing escalating geopolitical tensions in the Middle East. National President of PETROAN, Dr. Billy Gillis-Harry, made the call on Tuesday…
A 26-year-old man, Victor John, was on Tuesday arraigned before an Ota Magistrates’ Court in Ogun State for allegedly obtaining N1.1 million under false pretence. John, whose residential address was not disclosed, is facing a one-count charge of fraud. He, however, pleaded not guilty to the charge. Read also:NAFDAC secures 40-year jail term for Lagos…
By Seun Ibiyemi The Securities and Exchange Commission (SEC) has revoked the registration of Kensington Agro Trading Limited as a capital market operator with immediate effect. The company, which operated as a Commodity Broker/Dealer and Collateral Manager, lost its licence following regulatory action taken by the Commission in line with its statutory powers. Read also:Weak…
By Adeyemi David Federal Capital Territory (FCT) Minister Nyesom Wike has said the African Democratic Congress (ADC) will not succeed in next year’s elections, while declaring that he will support only candidates who align with President Bola Ahmed Tinubu’s re-election bid. Speaking during his first live media chat of the year at his official residence…
By Seun Ibiyemi African airlines recorded the strongest growth in international passenger demand in January 2026, posting an 11.7 per cent year-on-year increase in revenue passenger kilometres (RPK), according to the latest global passenger demand report released on Monday by the International Air Transport Association (IATA). The figures show that African carriers outpaced all other…
Nigeria’s private sector rebounded into expansion in February, as the Purchasing Managers’ Index (PMI) compiled by S&P Global for Stanbic IBTC Bank rose to 53.2 from 49.7 in January, signalling a renewed improvement in business conditions after a brief contraction at the start of the year. The latest PMI reading, released on Monday and endorsed…
Nigerian Exchange Group (NGX Group) has confirmed the appointment of Ms. Jumoke Olaniyan as its Group Chief Strategy Officer, a move aimed at strengthening executive leadership as the organisation advances its next phase of strategic growth and digital transformation. The Group announced the development on Monday, stating that the appointment would reinforce its drive for…
