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The Nigeria Deposit Insurance Corporation (NDIC) and the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) have deepened collaboration to strengthen the implementation of insolvency laws and promote effective business rescue practices aimed at enhancing financial stability in Nigeria. Managing Director of NDIC, Mr. Thompson Sunday, disclosed this when he received a delegation from ...
Lagos will be taking a deep plunge into its aquatic endowment, making plans to explore its ocean’s troves. The State said its new focus was to harness the many potentials inherent in the Blue Economy. Speaking at the ongoing 2025 Lagos International Climate Change Summit holding at Lagos Intercontinental Hotel in Victoria Island, Governor Babajide Sanwo-Olu declared ...
The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has hailed the Lagos–Calabar Coastal Highway as a project that will unlock new economic frontiers for the Southwest region. Speaking at the Southwest Citizen-Government Engagement Summit held in Akure, Ondo State recently, Oyetola described the project as a transformative infrastructure initiative that will redefine connectivity ...
By Matthew Denis The Governor of Kaduna State, Mal. Uba Sani, has commended the Chartered Institute of Transport Administration of Nigeria (CIOTA) for its role in regulating and setting professional standards, including training and development programs, to enhance the skills and knowledge of transport professionals, paving the way for increased investment in the transport sector. ...
The Ministry of Petroleum Resources, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian National Petroleum Company Limited (NNPC) have jointly opposed a bill seeking to establish the National Commission for the Decommissioning of Oil and Gas Installations (NC-DOGI), 2024. The united opposition was delivered at a public hearing organized by the House of ...
..calls for stronger federal–state partnership to boost digital transformation …Says over 130m Nigerians now online as ICT contributes 17% to GDP …NGF pledges collaboration to expand digital inclusion nationwide The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa CCIE, has urged state governors to strengthen collaboration with the federal government in ...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has renewed its commitment to developing and revamping downstream infrastructure across the country, emphasising the need for enhanced collaboration and efficiency within the sector. This was contained in a statement signed by Mr Andy Odeh, Chief Corporate Communications Officer, NNPC Ltd, and made available to newsmen on ...
By Matthew Denis, Abuja Lady Ada Chukwudozie, the Chairman of the Manufacturers Association of Nigeria (MAN) has decried the high interest rates and policy instability as factors affecting the Nigerian manufacturing sector. Lady Chukwudozie, who spoke to newsmen at the 2025 Annual Directors' Conference in Abuja on Thursday, stressed that drastic steps must be taken to ...
The Chairman of Heirs Holdings, United Bank for Africa (UBA), and Transcorp Group, Mr Tony Elumelu, has cautioned that inconsistent government policies and lack of trust are discouraging investors from Africa. He made the statement on Wednesday while delivering the keynote address titled “Private Sector Leadership at the Forefront of Africa’s Economic Transformation” at the ...
The Federal Government has expressed strong dissatisfaction with the quality of work executed by China Civil Engineering Construction Company (CCECC) on the rehabilitation of the Enugu–Port Harcourt Expressway (Aba-bound section), citing poor construction practices and non-compliance with approved standards. The Minister of Works, Sen. Dave Umahi, made this known during an inspection of ongoing federal ...
By Sofiyyah Layole Transcorp Hotels Plc has sustained its strong financial momentum into Q3 of 2025, ended September 30, 2025, reporting a 49 per cent rise in revenue to ₦72.31 billion from ₦48.49 billion recorded in the corresponding period of 2024. According to its unaudited financial results for the period disclosed to the Nigeria Exchange Group ...
By Seun Ibiyemi The Naira closed the trading week on a downward trajectory, depreciating to N1,475.35 per U.S. dollar at the official foreign exchange market on Friday. Data released by the Central Bank of Nigeria (CBN) confirmed this figure, which represents a 0.29 per cent decline, or a N4.32 loss, from Thursday’s exchange rate of ...
...says Directors must look beyond short-term fixes for survival By Olakunle Oke The Annual Directors’ Conference (ADC) has evolved into one of Nigeria’s most influential business events, bringing together key players from the public and private sectors to shape national economic direction, Otunba Bimbo Ashiru, Chairman of the National Planning for the 2025 ADC has ...
Nigeria has intensified its engagement with major international development partners in a renewed effort to attract foreign investments and strengthen its economic growth framework. This follows a high-level bilateral meeting between officials of the Federal Ministry of Finance and representatives of the Japan International Cooperation Agency (JICA) and the Multilateral Investment Guarantee Agency (MIGA), held ...
By Olakunle Oke The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Central Bank of Nigeria (CBN) for its proposed directive mandating banks to refund customers for failed Automated Teller Machine (ATM) transactions within 48 hours. In a statement issued on Monday and signed by the Director of Corporate Affairs, Ondaje Ijagwu, the ...
By Seun Ibiyemi President Bola Tinubu has formally petitioned the House of Representatives for legislative approval to raise a total of $2.34 billion in external capital, a move critical to funding the 2025 budget deficit and executing key debt management strategies. Speaker of the House of Representatives, Hon. Abba Tajudeen, read the president’s request on ...
Ogun State Governor, Prince Dapo Abiodun, on Tuesday, inaugurated the first commercial flight of the Gateway International Airport, Ilishan Remo. The aircraft owned by Valuejet, with registration number 5N-BXS and 90 passengers on board, departed the airport at 10:10 a.m. to Abuja. Speaking at the airport located along the Iperu-Ilisan road in the Ikenne Local ...
The Corporate Affairs Commission (CAC) has announced the opening of Customer Service Desks nationwide for one week to commemorate 2025 Customer Service Week. The Registrar-General/CEO, CAC, Hussaini Ishaq Magaji stated this in Abuja while declaring open the 2025 Customer Service Week. Hussaini Ishaq Magaji represented by the Director Customer Service Department, Julius Deinma Anga said ...
By Seun Ibiyemi Polaris Bank Plc has restated its commitment to exceptional customer experience as it joins the global celebration of the 2025 Customer Service Week, themed “Mission: Possible.” The annual event, held from October 6 to 10, celebrates customer service professionals and their vital role in driving customer satisfaction and business growth. Speaking at ...
By Seun Ibiyemi Polaris Bank has reaffirmed its commitment to delivering exceptional customer experiences as it joins global celebration of the 2025 Customer Service Week, with the theme: “Mission: Possible”. The annual global event, which runs from Oct. 6 to Oct. 10 is dedicated to recognising the vital role of customer service professionals and the ...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has officially flagged off its annual Customer Service Week for the year 2025, embracing the global theme “Mission: Possible” to reaffirm its unwavering commitment to making the impossible possible for its customers across Africa and beyond. Every year, Customer Service Week celebrates the vital role of ...
Chairman of the Independent National Electoral Commission (INEC), Prof Mahmood Yakubu, has urged the National Assembly to urgently pass amendments to the nation’s electoral laws, warning that delays could derail preparations for the 2027 general elections. Yakubu issued the warning on Thursday in Abuja while receiving the European Union (EU) Election Observation Follow-up Mission led ...
By Seun Ibiyemi Access Bank Plc has launched the 2025 edition of its flagship Womenpreneur Pitch a Ton, offering over N17.5 million in grants to female entrepreneurs across Africa, alongside mentorship, business training, and networking opportunities. Applications for this year’s programme opened on September 19, 2025, and will close on October 3, 2025. The initiative, ...
