How “Sex for Cash” thrives among tertiary institutions By Adeyemi David About 80 per cent of female students in many tertiary institutions across Nigeria are reportedly involved in “sex for cash” practices as they struggle to cope with rising tuition fees, soaring living costs, and dwindling family support. Findings by BusinessPointer reveal that some students…
By Adeyemi David The National Agency for Food and Drug Administration and Control (NAFDAC) has sealed no fewer than 18 warehouses in Bida, Niger State, after uncovering large quantities of expired food and beverage products valued at over ₦100 million. The affected warehouses, located around Ndazabo White House along Minna Road and behind Bida Modern…
By Seun Ibiyemi The National Inland Waterways Authority (NIWA) has announced new strategies aimed at improving its operational system and enhancing collaboration with key stakeholders as part of efforts to boost efficiency and accountability. Speaking at a post event Press Conference at NIWA Headquarters Lokoja, the Acting Managing Director, Umar Yusuf Girei, while answering questions…
By Adeyemi David The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has strongly opposed President Bola Tinubu’s Executive Order directing the Nigerian National Petroleum Company Limited (NNPC) Limited to remit oil and gas revenues directly into the Federation Account. At a press conference in Lagos on Thursday, PENGASSAN President, Festus Osifo, described…
By Seun Ibiyemi Nigeria has agreed to serve as the pilot country for the formal implementation of the Regional Record of Authorised Fishing Vessels in West Africa, a move the government says reflects its belief that credible leadership must be matched by practical action to combat illegal fishing and strengthen marine governance across the Gulf…
Former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has expressed deep sorrow over the passing of the Senator representing Rivers South-East Senatorial District, Senator Barry Mpigi. In statement released by Dakuku Peterside media team, he described the late Senator as a committed public servant whose contributions to the development of…
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has urged developing economies to pursue coordinated reforms in digital cross-border payments to drive inclusive growth, enhance financial stability, and deepen global financial integration. Speaking at the 2026 G-24 Technical Group Meetings (TGM) in Abuja, Cardoso stressed that efficient and modern payment systems…
The Chief of the Naval Staff, Vice Admiral Idi Abbas, has approved the appointment of Commodore Reginald Odeodi Adoki as the new Commander of the Maritime Guard Command (MGC) at the Nigerian Maritime Administration and Safety Agency (NIMASA). Commodore Adoki takes over from Commodore H.C. Oriekeze, who has been redeployed. This was disclosed in statement…
By Adeyemi David The Nigeria Customs Service (NCS) has recorded a major revenue and trade facilitation breakthrough under its Authorised Economic Operator (AEO) Programme, with revenue generated by certified entities rising from ₦1.222 trillion before certification to ₦1.585 trillion after certification. This represents an increase of ₦362.79 billion, or 29.68 per cent growth, for the…
The Federal Airports Authority of Nigeria (FAAN) has announced the cessation of all cash transactions across its operations nationwide, effective February 29, 2026, in compliance with the Federal Government’s cashless policy directive. The decision, which received approval from the Federal Executive Council, mandates that all financial and business transactions conducted by the agency be processed…
