The Nigerian Immigration Service (NIS) Ilela border command has thwarted an attempted human trafficking operation, rescuing two underage girls and arresting a 25-year-old woman, Rukaya Hassan. The Command Public Relations Officer (CPRO), Mohammed Abdullahi, announced the rescue in a statement…
By Olaseinde Gbenga, Abuja and Esther Agbo The Minister of State Petroleum Resources (Gas), Hon. Ekperikpe Ekpo as revealed that the Ministry has declared the Decade of Gas Initiative, aimed towards transforming Nigeria into a gas-powered economy by 2024 He…
Investors on Tuesday recouped losess from Monday’s trading gaining N25.72bn. The market gain was fueled by strategic buying interests in NAHCO (+3.74%), FIDSON (+9.26%), ZENITHBANK (+2.59%), UBA (+2.25%), GTCO (+1.88%), NB (+0.34%), UCAP (+0.18%), and 16 others. Consequently, investors gained…
Conoil Plc has declared A profit after tax of N9.87 billion in 2023 financial year, about 99 percent growth from N4.96 billion declared in 2022. According to the company’s audited financial statement for 2023, the company posted a revenue of…
By Seun Ibiyemi The Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), Mohammed Bello Koko has stated that the economic policies of President Bola Ahmed Tinubu which have attracted global applause, are responsible for the transformation…
The revival of Nigeria’s interest in energy transition, power, climate change and green economic solutions has raised high expectations within the extractive industries. The recent constitution of a Presidential Committee on Climate Action and Green Economic Solutions and the appointment…
By Seun Ibiyemi The Minister of Marine and Blue Economy, Adegboyega Oyetola will be representing Nigeria at the third edition of the Blue Economy Conference (BEC2024), which is scheduled to take place in Dar es Salaam from July 4th to…
Wema Bank, the pioneer of Africa’s first fully digital bank, ALAT, has charged stakeholders to prioritise digital empowerment for MSMEs as a measure for championing a sustainable MSME ecosystem in Nigeria. The charge was made at the International MSMEs Day…
The Securities and Exchange Commission (SEC) has announced plans to impose a N1 million penalty on banks failing to submit complete capital raise applications in line with banking sector recapitalisation guidelines. In a statement released, SEC emphasised that banks must…
The Kwara State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has arrested three individuals involved in various criminal activities, including theft, burglary, and fraud. The arrests were announced in a statement by the command’s spokesman, Ayoola Michael…
