The Nigeria Maritime Admisnistration and Safety Agency, NIMASA, has expressed the imperative of a sustained partnership across the Nigeria’s security agencies together with the NIMASA in providing adequate security for the country’s maritime ecosystem. Speaking at the C4i capability demonstration and graduation ceremony of the security personnel in Lagos, NIMASA’s Director General, Dr. Dayo Mobereola, […]

…as Reserves hit $50b By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, along with other monetary rate parameters. Briefing the media on the outcome of the 305th Monetary Policy Committee (MPC) committee, in Abuja, yesterday, the Governor of the CBN, Mr. Olayemi […]

The Olokola seaport project has already received backing from host communities, whose leaders expressed optimism over its economic potential

By Peter Egwuatu The Securities and Exchange Commission, SEC has announced the transition to a T+1 settlement cycle for equities and commodities transactions with effect from Monday June 1, 2926.   The Commission in a notice, outlined  a comprehensive framework that all capital market operators and relevant stakeholders are encouraged to adopt in preparation for this significant […]

By Udeme Akpan Nigeria’s oil exploration and drilling activities declined by 41.7 per cent in April 2026, following reduced upstream operations and investment activities. According to the May 2026 Monthly Oil Market Report, MOMR, of the Organization of the Petroleum Exporting Countries, Nigeria’s rig count – a major indicator of upstream oil and gas activities – […]