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NIWA moves to clean up waterways, boosts blue economy investment

By Providence Ayanfeoluwa The National Inland Waterways Authority, NIWA, has intensified efforts to unlock the economic potential of Nigeria’s inland waterways with the commencement of a comprehensive clean-up programme aimed at tackling pollution, enhancing navigational safety and attracting investment into the nation’s blue economy. To drive the initiative, Parts Central Limited has been mandated to provide […]

Petrol depot prices fall in Lagos as Dangote holds firm

•Rain Oil leads cuts with N18/litre reduction •Diesel prices crash by up to N70/litre By Udeme Akpan Depot prices of Premium Motor Spirit (PMS), commonly known as petrol, eased across several terminals in Lagos yesterday  as petroleum marketers adjusted prices amid shifting supply dynamics in Nigeria’s downstream oil market. The latest market data showed a […]

Fidson hails BoI, EIB  roles  in expanding pharmaceutical manufacturing

By Etop Ekanem Fidson Healthcare Plc has commended the Bank of Industry (BoI) for providing concessionary financing that has supported the growth of pharmaceutical manufacturing in Nigeria. The commendation followed a visit by delegations from the European Investment Bank (EIB) and BoI to Fidson’s manufacturing facility in Sango-Ota, Ogun State. The visit was part of the […]

Nwosu commends Wike over infrastructure development in Abuja

Former Chief of Staff to a former Imo State governor, Ugwumba Uche Nwosu, has praised the Minister of the Federal Capital Territory (FCT), Nyesom Wike, for what he described as remarkable infrastructural development across Abuja.

Mudslide cuts off access to Obudu Ranch Resort

By Emma Una CALABAR — A section of the road leading to the Obudu Ranch Resort in northern Cross River State has been cut off following a mudslide triggered by torrential rainfall in the area. The collapse occurred when part of a hillside gave way and crashed onto the road connecting the resort base to […]

Nigeria loses N3.2trn annually to transport inefficiencies — Expert

By Providence Ayanfeoluwa There are indications that Nigeria loses N3.2 trillion annually ($4billion) to transport inefficiencies,  including gridlock, poor modal integration and logistics fragmentation. The Chairman of Global Transport Policy (GTP), Dr. Oluwasegun Musa, said this in his remark at the 2026 Annual GTP conference in Lagos. He said that the country’s logistics cost as a […]

Dollar to Naira exchange rate today, June 23, 2026

The Nigerian naira traded at relatively stable levels against the United States dollar on Tuesday, June 23, 2026, across both the official and parallel foreign exchange markets, as market participants continued to monitor liquidity conditions and foreign exchange demand.

Terrorism financing, arms supply major security challenge — Anthony Sani

By Ibrahim Hassan-Wuyo Former Secretary-General of the Arewa Consultative Forum (ACF), Anthony Sani, has identified the sources of funding and weapons for terrorist groups as one of the most critical challenges confronting Nigeria’s efforts to tackle insecurity. Speaking on the increasing sophistication of terrorist operations, Sani said the persistent question of how insurgents acquire arms […]

SEC partners Rwanda to accelerate African market integration

By Peter Egwuatu The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with Rwanda’s Capital Markets Authority (CMA), aimed at deepening cooperation and accelerating integration of African capital markets. Speaking at the signing ceremony in Abuja, Director-General of SEC, Dr. Emomotimi Agama, stressed the need for greater collaboration among African markets. […]

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