FG sends Passport intervention team to UK to clear pending applications
By Omeiza Ajayi ABUJA: The Federal Government has deployed a dedicated Passport Intervention Team from the Nigeria Immigration Service NIS Headquarters to the United Kingdom, as part of ongoing efforts to ease and streamline passport applications for Nigerians in the diaspora. According to the Service, Minister of Interior, Dr Olubunmi Tunji-Ojo, gave the directive to […]
Nigeria’s FDI jumps 148% despite Africa’s investment decline
By Yinka Kolawole Nigeria emerged as one of Africa’s strongest foreign investment performers in 2025, recording a 148 per cent increase in Foreign Direct Investment (FDI) inflows despite a sharp decline across the continent, according to the UN Trade and Development (UNCTAD) World Investment Report 2026. The report showed that global FDI rebounded by six per […]
Nigerians are increasingly borrowing to build houses — CBN
·Other lendings rise, lenders report low default rates By Elizabeth Adegbesan Credit for house purchase by households increased to 9.6 index points in the second quarter of 2026 (Q2’26), indicating that Nigerians are intensively borrowing to purchase personal houses. The Central Bank of Nigeria, CBN, disclosed this yesterday in its Credit Condition Survey Report for Q2’26 […]
SEC launches campaign to recover unclaimed dividends, inherited assets
By Obas Esiedesa The Securities and Exchange Commission (SEC) has launched a nationwide campaign to help investors and beneficiaries recover unclaimed dividends and inherited investments, as part of efforts to strengthen investor protection and reduce dormant assets in Nigeria’s capital market. The initiative which was unveiled in Abuja through the Probate/Unclaimed Monies Awareness and Investor Clinic, […]
Nigerian Breweries’ revenue up 9% to N804 bn
… restores retained earnings to positive By Peter Egwuatu Nigerian Breweries Plc, Nigeria’s foremost brewing company, has announced a strong performance for the first half of the 2026, recording a group revenue of N804 billion, representing a 9% increase over the N738 billion reported in the corresponding period of 2025. The company has also restored its […]
Truck owners seek refunds over cancelled E-Call-Up bookings
By Godwin Oritse The Association of Maritime Truck Owners (AMATO) has demanded an urgent review of the Electronic Call-Up (ETO) system following recurring cancellations of paid truck bookings, describing the practice as unfair and contrary to consumer protection laws. AMATO said truckers incur avoidable losses whenever bookings expire due to operational delays beyond their control, forcing […]
