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NSIB probes Bonny Anchorage vessel collision

NSIB probes Bonny Anchorage vessel collision

By Efe Onodjae  The Nigerian Safety Investigation Bureau, NSIB, has commenced investigation into the collision involving container vessel, MV Maersk Valparaiso, and oil tanker, MT Lady Martina, at Bonny Anchorage in Rivers State. The incident, which occurred on May 20, 2026, has been classified by the Bureau as a “Very Serious Marine Casualty.” In a statement issued […]

Over 100 imported vegetable oil brands dominating local market despite ban — Ikoro

Over 100 imported vegetable oil brands dominating local market despite ban — Ikoro

….Accuses Customs, NAFDAC, SON of enforcement failure By Cynthia Alo Despite the retention of vegetable oil on the Federal Government’s prohibition list under the 2026 fiscal policy measures, the National Chairman of the Vegetable/Edible Oil Producers Association of Nigeria (VEOPAN), Okey Ikoro, said the local market is still dominated by more than 100 imported oil brands, […]

NGX Group advocates stronger capital market integration into monetary policy framework

NGX Group advocates stronger capital market integration into monetary policy framework

By Peter Egwuatu  Group Managing Director/CEO, Nigerian Exchange Group (NGX Group), Temi Popoola, has urged the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) to treat capital market development as a macroeconomic necessity, arguing that the effectiveness of monetary policy increasingly depends on the depth, liquidity, and coherence of Nigeria’s financial markets. Popoola made this […]

FRSC commends Dangote Cement on new transport safety policy

FRSC commends Dangote Cement on new transport safety policy

By Yinka Kolawole The Federal Road Safety Corps (FRSC) has commended Dangote Cement Plc for delivering measurable and transformative improvements in road safety, noting a significant decline in articulated truck crashes across Nigeria following the introduction of innovative transport safety policies and operational reforms. The Corps described Dangote Cement as a benchmark for transport management and […]