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FG rehabilitating Eastern ports, NPA assures stakeholders

FG rehabilitating Eastern ports, NPA assures stakeholders

By Efe Onodjae The Nigerian Ports Authority (NPA) has dismissed claims that the Eastern Ports have been neglected, saying the Federal Government (FG) is investing in infrastructure upgrades to restore their competitiveness and attract more cargo traffic. Manager of the Rivers Port Complex, Kenechi Okaeze, gave the assurance during an interactive session with members of the […]

Sterling financial records 31% revenue growth in H1’26

Sterling financial records 31% revenue growth in H1’26

…Balance sheet nears N5 trillion By Babajide Komolafe Sterling Financial Holding Company Limited has recorded a 31.5 per cent growth in gross earnings to N279. 6 billion in the half-year ended 30 June 2026 over the corresponding period in 2025. The parent company of Sterling Bank disclosed this in its unaudited results for the half-year ended […]

Group backs NNPCL GCEO, faults calls for resignation over security spending

Group backs NNPCL GCEO, faults calls for resignation over security spending

By Gift ChapiOdekina, Abuja A civil society organisation, Nigeria Citizens’ Watch for Good Governance (NCWGG), has rejected calls for the resignation of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bashir Bayo Ojulari, describing the demand as unfounded. The group said allegations over the company’s expenditure on energy security […]

Stock market reverses rally as investors lose N1.3trn in one week

Stock market reverses rally as investors lose N1.3trn in one week

… Despite N11.1trn July gain By Peter Egwuatu  Nigeria’s stock market reversed course last week as widespread profit-taking erased N1.261 trillion from investors’ portfolios, ending the week in negative territory after a sustained rally. The decline followed renewed selling pressure across major banking, industrial and consumer goods stocks as investors cashed in on the strong gains […]

Delta’s contract consistency boosting investor confidence — UTM FLNG boss

Delta’s contract consistency boosting investor confidence — UTM FLNG boss

The Group Managing Director and Chief Executive Officer of UTM FLNG Limited, Dr Julius Rone, has commended the Delta State Government for maintaining consistency in honouring contractual agreements, describing it as a major factor in attracting long-term investments. Rone spoke at the Delta State Economic and Investment Summit with the theme, “Harnessing Our Strengths, Unlocking […]