As part of efforts to revitalize the Eastern ports, the Federal Government, through the Nigerian Ports Authority (NPA), has awarded the contract for the reconstruction of the dilapidated Escravos Channel at Warri Port, Delta State. Confirming the development, Mr. Ikechukwu Oyenmakara, General Manager of Corporate and Strategic Communication at the Nigerian Ports Authority, stated that […]

By Chidinma Chukwu, Abuja The Director-General of the National Institute for Cancer Research and Treatment (NICRAT), Prof. Usman Malami Aliyu, has said the proposed National Cancer Institute will position Nigeria as a major hub for advanced cancer care, research and innovation in Africa and beyond. Aliyu said the institute, which is expected to be equipped […]

By Chukwunonso Okolo May & Baker Nigeria Plc has warned against fraudulent investment schemes described as M&B Equity Stake, which are being circulated on the internet and promising daily or guaranteed returns. May & Baker disclosed this in a statement signed by Mrs Adetoun Abiru, for Marina Nominees Limited, the Company Secretary. The Company urged […]

By Efe Onodjae Chinese imports from Nigeria surged by 81 per cent year-on-year, YoY to $2.25 billion in the first half of 2026, following China’s implementation of a zero-tariff policy on products from 53 African countries, including Nigeria. The Consul General of China in Lagos, Yan Yuqing, disclosed this at the 2026 Nigeria International New […]

•POS transactions fall 20%, value drops to N59.3trn  •ATM transaction value jumps 64.6% to N26.3trn By Babajide Komolafe Electronic payment transactions, via six channels,  recorded a 2.85 per cent, year-on-year, YoY increase  in value  to N1.053 quadrillion  in the first quarter of 2026, Q1’26 from N1.024 quadrillion in the same period of 2025, Q1’25. This […]