Soludo: Delta, Anambra should become Nigeria’s twin growth hubs
*Calls for post-summit investment partnerships*Proposes dress code for future investment summits to drive jobs By Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko Akuopha ASABA—Governor Chukwuma Soludo of Anambra State has called for deeper economic collaboration between Delta and Anambra states, describing both as natural “twin growth hubs” capable of driving regional prosperity, while urging […]
NIMASA reviews ship-port security protocols
By Godwin Oritse In a bid to strengthen security at Nigerian ports, the Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced a review of security protocols governing interactions between ships and port facilities. In a notice issued to all maritime security stakeholders, NIMASA stated that all vessels are required to submit their Security-Related Pre-Arrival Information […]
Dangote Refinery ramps up fuel exports as crude shortages, forex squeeze bite
By UdemeAkpan, Energy Editor The Dangote Petroleum Refinery has significantly increased exports of refined petroleum products as inadequate domestic crude oil supply and persistent foreign exchange constraints continue to hamper its operations. This comes as rising global crude oil prices are expected to increase feedstock costs for the 650,000-barrels-per-day refinery, although stronger prices for refined petroleum […]
FG pays N330bn to GenCos, issues N729bn bonds to investors
By Obas Esiedesa The Federal Government yesterday said it has paid about N333 billion to eight electricity generation companies (GenCos) under its power sector debt settlement programme, and launched a second N729 billion bond issuance aimed at clearing more legacy debts and restoring liquidity in the Nigerian Electricity Supply Industry (NESI). Speaking at an investors’ […]
Banks must earn public trust — Oyedele
Says recapitalisation will strengthen resilience NDIC vows to protect depositors By Emma Ujah, Abuja Bureau Chief The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, yesterday urged regulators and operators in the banking sector to strengthen public confidence to support a resilient economy. Speaking at the 2026 International Association of Deposit Insurers […]
External reserves stand at $52bn – CBN gov, Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says Nigeria’s foreign exchange reserves has presently risen to 52.52 billion dollars.
