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 […]

By Elizabeth Adegbesan Economic activity in Nigeria expanded for the second consecutive month in July 2026 as the Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI) rose to 51.1 points, although the industrial sector remained in contraction. The CBN disclosed this in its latest PMI report, stating that the composite PMI edged up from the […]

By Peter Egwuatu The Nigerian stock market has sustained its positive momentum on Week-on-Week, WoW, as renewed buying interest in blue-chip stocks outweighed widespread profit-taking across the broader market. The benchmark, Nigerian Exchange (NGX) All-Share Index, ASI, closed marginally higher by 0.1%    at 245,573.60 points from 245,283.68 the previous week, arising from sustained institutional demand […]

By Theodore Opara Nigeria must move beyond policy announcements and urgently implement a coordinated six-point roadmap to turn growing interest in electric vehicles (EVs) into mass adoption, Metropolitan Electric Limited has said. The company’s Chief Executive Officer, Olugbenga Obadina, made the call during his presentation at the 3rd Nigeria Auto Industry Summit, organised by the […]

The Executive Director of CEPRSD, Dr Cletus Okpe, gave the commendation in a statement on Sunday, saying the emergence of 31 successful companies for 37 oil and gas blocks demonstrated the credibility of the bidding process and growing investor interest in Nigeria’s upstream sector.