By Seun Ibiyemi The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has led a high-powered management delegation to the Dangote Refinery and Petrochemical Complex in Ibeju-Lekki, Lagos State, for talks aimed at strengthening collaboration between both energy giants. The visit, which featured a guided tour of the facility, culminated in a…
By Seun Ibiyemi Conoil Plc has announced the resignation of its Company Secretary, Mr. David Lanre-Leke, effective September 8, 2025. In a notice issued to shareholders, the Nigerian Exchange Limited (NGX), and the investing public, the company confirmed the development and expressed appreciation to Lanre-Leke for his services during his tenure. “The Board and Management…
By Seun Ibiyemi The Nigerian naira showed a mixed performance in foreign exchange markets over the weekend ending Friday, February 20, 2026, as differing dynamics in the official and parallel segments shaped its trajectory. Data from market sources on Friday showed that the naira appreciated in the parallel (informal) market, strengthening to about ₦1,340 per U.S….
By Seun Ibiyemi Nigeria’s total public debt increased to N153.29tn as of September 30, 2025, reflecting a steady rise in both domestic and external borrowings within three months, according to data released by the Debt Management Office on Friday. The DMO disclosed that the debt stock grew from N152.40tn as of June 30, 2025, to…
By Seun Ibiyemi The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN)Executive order: Tinubu direct oil, gas revenue remittance to federation account has described the Federal Government’s Executive Order No. 9 as a reform-driven measure that will strengthen accountability and enhance investor confidence in Nigeria’s energy sector. National President of PETROAN, Dr Billy Gillis-Harry,…
By Adeyemi David Nigeria’s trillion-naira stocks are tightening their grip on the equities market, with just 25 companies accounting for N111.11 trillion out of the N124 trillion total market capitalisation on the Nigerian Exchange Limited (NGX). Out of 148 listed firms, GTCO tops value chart as equities market gains N1.698trncapital remains heavily concentrated in companies…
By Seun Ibiyemi The Nigerian Air Force (NAF) and the Nigerian Maritime Administration and Safety Agency (NIMASA) have strengthened their operational collaboration NIMASA moves to digitise ship registry, targets global competitivenessto enhance maritime security and safeguard Nigeria’s blue economy. This was disclosed in a statement issued on Friday in Abuja by the Director of Public…
By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency (NIMASA) has unveiled plans to fully NIMASA gets new maritime guard commanderautomate the Nigerian Ship Registry as part of a broader strategy to reposition the country’s flag for global competitiveness. The agency disclosed this at a breakfast meeting with shipowners, boat operators and other maritime…
By Seun Ibiyemi The Comptroller-General of Customs, Adewale Bashir Adeniyi, on Friday handed over 1,650 jerrycans of Premium Motor Spirit (PMS) valued at N40.7 million to the Nigerian Midstream and Downstream Petroleum Regulatory Authority for investigations. Speaking at the handover ceremony in Lagos, Adeniyi said the seized contraband was intercepted at various locations, including Badagry,…
By Adeyemi David The police on Friday arraigned a 32-year-old man, Faseun Ojo, before an Ado-Ekiti Magistrates’ Court for allegedly stealing a mobile phone valued at N170,000. Ojo, who has no fixed address, is facing a one-count charge of stealing. He pleaded not guilty to the charge. The prosecutor, Insp. Olubu Apata, told the court…
