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Business & Economy
Nigerian Senate Passes NAICOM Repeal and Re-Enactment Bill
The Nigerian Senate has passed a bill seeking to repeal the National Insurance Commission (NAICOM) Act, 1997 and to enact the National Insurance Regulatory Commission Act, 2026.
The…
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Made-in-Nigeria Vehicles With 60% Local Content Excite Osanipin as LAFBART Unveils New Models
Lafbart Innovations & Consulting Ltd. (LAFBART), a leading Nigerian automotive engineering and manufacturing company, has made yet another giant stride towards achieving its vision…
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Adamawa Governor Commissions Rebuilt Yola Modern Market
Adamawa State Governor, Ahmadu Umaru Fintiri has commissioned the reconstructed Yola Market, which he unveiled as the Modibbo Adama Modern Market, Yola (MAMMY), as a major step towards…
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FG Explains Why Kidnappers, Terrorists Remain Hard To Trace Despite NIN-SIM Linkage
The mandatory National Identification Number-SIM connection, which was implemented by the federal government in 2020, was hailed as a game-changer in Nigeria's battle against…
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Oil Prices Hit One-Month High of $86.79 As US-Iran Conflict Escalates
Tuesday saw a dramatic increase in global crude oil prices, reaching their highest point in a month as concerns about potential disruptions to the world's oil supply through the vital…
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Nigeria Customs Seizes N26.57bn Cannabis Concealed Inside Imported Cars At Apapa Port
The Apapa Area Command of the Nigeria Customs Service (NCS) has intercepted a huge consignment of Cannabis Indica with a Duty Paid Value (DPV) of N26.57 billion, hidden inside a…
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UTM Offshore Targets September Final Investment Decision For Nigeria’s First Floating LNG Project
With the financing now secured, UTM Offshore says it is on track to make a Final Investment Decision on Nigeria’s first floating LNG project in September, with construction expected to…
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Solar Now Supplies 20% Of Nigeria’s Electricity, May Reach 50% By 2028 – REA
Solar power generation has grown substantially in recent years to about 20% of Nigeria’s electricity supply and could reach 50% by 2029 if current deployment and private-sector…
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Fuel Price Speculation Forces Nigerian Filling Stations To Shut Down
Speculation hikes in premium motor spirit price have forced some Nigerian filling stations to shut down.
It was Thursday morning showed Total, Emedab and other filling stations are…
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Fitch Warns Oil, Agriculture Expose Nigerian Banks To Climate Risks
Nigerian banks are particularly vulnerable to climate-related risks as significant portions of their loan portfolios are exposed to oil, gas and agriculture, sectors that will…
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