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.

“The reforms are yielding many positive signals, which many international organisations have acknowledged”

ABUJA — Nigerian human rights lawyer and activist,  Deji Adeyanju has strongly condemned recent statements credited to controversial Islamic cleric Sheikh Yahya Jingir, describing his rhetoric as divisive and a direct threat to Nigeria’s corporate existence. In a statement released to the press, Adeyanju warned that the cleric’s utterances against Christians are capable of fueling […]

By Emmanuel Elebek The Federal Government has appointed Chemist Akwaowo Idongesit Reuben as Acting Registrar/Chief Executive Officer of the Institute of Chartered Chemists of Nigeria, ICCON. ICCON is a parastatal of the Federal Ministry of Health and Social Welfare responsible for regulating the teaching, learning and professional practice of chemistry in Nigeria. A letter conveying […]

The naira opened the new week relatively steady against the United States dollar across both the official Nigerian Foreign Exchange Market and the parallel market, with traders monitoring liquidity conditions and Central Bank interventions.

Enugu State government has commenced the construction of three new 33KV electricity feeders to end prolonged power outages and provide improved, stable and reliable electricity supply to communities in four local government areas.

The Nigeria Revenue Service, NRS, has said the Nigerian economy is showing strong signs of recovery and accelerated growth following a series of “painful” reforms implemented by President Bola Tinubu.

The Debt Management Office, DMO, has said the federal government spent N3.14 trillion on servicing its domestic debt in the first quarter (Q1) of 2026.

By Rosemary Iwunze Cornerstone Insurance Plc has introduced a new Voicebot capability for its AI-powered virtual assistant, CiCi, further strengthening its commitment to delivering faster, smarter, and more convenient customer service through digital innovation. The new feature allows customers to interact with CiCi using their voice, making it easier to access selected insurance services through […]

Only six of Nigeria’s biggest listed banks rewarded shareholders with a combined N1.27 trillion dividend for the 2025 financial year, while five other profitable lenders were barred from making payouts after failing to meet the Central Bank of Nigeria’s prudential requirements.

The farmer, whose identity was not disclosed, is a resident of Mbagena Council Ward in Kastina-Ala LGA, where suspected local bandits have allegedly been terrorising residents and imposing ransom demands on members of the community.