FG launches VehCAP to tackle unsafe vehicle imports

The Federal Government has launched a new vehicle conformity regime aimed at eliminating unsafe and substandard automobile imports, declaring that no vehicle will be allowed into Nigeria without certification under the SON–NADDC Vehicle Conformity Assessment Programme (VehCAP).
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Falade assumes role as NLNG’s MD/CEO

The statement indicates that before his appointment as Managing Director and Chief Executive Officer of NLNG, Falade served as Managing Director of Brunei LNG Sendirian Berhad, a position he assumed in April 2024.

IWD: MTN promotes female leadership

Institutions worldwide have been urged to deepen their commitment to advancing women and to inspire young girls to pursue leadership roles.

CBN orders banks, fintechs to submit Cybersecurity report in 3 weeks

By Elizabeth Adegbesan The Central Bank of Nigeria has directed banks and other financial institutions to submit detailed reports on their cybersecurity frameworks within three weeks, in a move to strengthen oversight and safeguard the financial system against rising digital threats. In a circular to Deposit Money Banks (DMBs), Payment Service Banks, Microfinance Banks, fintechs and […]

FGN Bonds record 4% oversubscription in March auction

By Elizabeth Adegbesan The Federal Government of Nigeria (FGN) bond auction in March 2026 saw strong investor demand, recording a 4.28% oversubscription, the Debt Management Office (DMO) disclosed yesterday. Investors bid N931.5 billion for bonds worth N750 billion, though total allotments fell 7.4% to N485.49 billion, down from N524.28 billion in February. Three instruments were offered […]

We must urgently tackle Africa’s $88bn illicit financial flows — Edun

Emma Ujah, Abuja Bureau Chief Nigeria and other African countries must urgently address the $88 billion in annual Illicit Financial Flows (IFFs), the Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun, has said. Speaking at the opening of the 5th Sub-Committee on Tax and IFFs of the African Union’s Specialized Technical Committee […]

Nigeria’s oil exploration drops 45% on limited activities

By Udeme Akpan, Energy Editor Nigeria’s oil exploration declined by 45 per cent month-on-month (MoM) in February 2026, driven by reduced upstream activities. Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that the nation’s rig count  a key indicator of upstream oil and gas activity  fell to 22 in February 2026, down from 40 recorded […]

Rabiu, Elumelu drive industrial growth as BUA foods hits N1.77tn revenue

Nigeria’s industrial and financial heavyweights, The Founder and Chairman of BUA Group, Abdul Samad Rabiu, and Chairman of United Bank for Africa, UBA  Tony Elumelu  have moved to deepen   partnership to drive Nigeria’s industrial growth.  In line with the partnership, the Rabiu recently hosted Elumelu, and his executive management team at BUA Group’s corporate headquarters in […]

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