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Investor confidence soars as WealthBridge secures double rating boost

Investor confidence soars as WealthBridge secures double rating boost

WealthBridge Asset Management Limited, a subsidiary of WealthBridge Financial Services (Holdings) Limited, has received an upgraded investment ratings from Nigeria’s leading credit agencies, Agusto & Co., and DataProLimited affirming its growing market leadership, operational strength, and investor confidence.

Traxport, Vecturis sign agreement to transform Nigeria’s rail transport

Traxport, Vecturis sign agreement to transform Nigeria’s rail transport

By Godwin Oritse Vecturis, a Belgian rail operations and management company, has signed a Technical Support and Investment Agreement (TSIA) with Nigeria’s Traxport Rail Services Ltd. The agreement marks a key step in Vecturis’ commitment to supporting modern, efficient, and sustainable rail freight operations in West Africa. Through the partnership, Vecturis will provide technical expertise and […]

Apapa Customs ahead of smugglers with intelligence —Olomu

Apapa Customs ahead of smugglers with intelligence —Olomu

By Providence Ayanfeoluwa The Customs Area Controller of Apapa Port Command, Comptroller Babatunde Olomu, has said the Command was committed to staying ahead of smugglers by leveraging intelligence and ensuring strict enforcement of regulations to prevent the importation of prohibited items. Speaking at a meeting with the Director, Inspection and Enforcement Directorate of the National Agency […]

Electricity: DisCos’ monthly revenue drops by 4.9% to N182.11bn

Electricity: DisCos’ monthly revenue drops by 4.9% to N182.11bn

By Obas Esiedesa and Ediri Ejoh Monthly revenue collected by electricity distribution companies (DisCos) dropped in June to N182.11 billion, 4.93 percent below N191.57 billion recorded in May, latest data from the Nigerian Electricity Regulatory Commission (NERC) has indicated. The figures contained in the ‘Commercial Performance of Distribution Companies Factsheet for June 2025’ released by the […]

NIMASA moves to reduce maritime air pollution through MARPOL enforcement

NIMASA moves to reduce maritime air pollution through MARPOL enforcement

By Godwin Oritse MARITIME operators within Nigerian territorial waters are under increasing pressure to comply with international environmental standards, as the Nigerian Maritime Administration and Safety Agency (NIMASA) intensifies enforcement of the International Convention for the Prevention of Pollution from Ships (MARPOL), particularly Annex VI, a section of the convention initiated by International Maritime Association, IMO. […]

Nigeria’s production output yet to match her potential — NNPCL

Nigeria’s production output yet to match her potential — NNPCL

…as Osifo calls for workers’ safety By Johnbosco Agbakwuru ABUJA — THE Group Chief Executive Officer, GCEO, of the Nigeria National Petroleum Company Limited, NNPCL, Engr. Bayo Ojulari, on Wednesday said despite abundant reserves, Nigeria’s oil production has not matched her potential and called for a change of that narrative. This is as the President of […]

Experts’ line-up for gas investment forum

Experts’ line-up for gas investment forum

By Udema Akpan The 2025 edition of the Gas Investment Forum (GIF), will serve as a central platform for strategic dialogue around Nigeria’s gas monetization agenda and energy-driven industrialisation efforts. Accordingly, experts such as Ms. Olubukola Arowolo Verheijen, Special Adviser to President Bola Ahmed Tinubu on Energy; Ed Ubong, Coordinating Director of the Decade of Gas […]

NIIRA 2025: Uninsured petroleum tanker, filling station owners face imprisonment

NIIRA 2025: Uninsured petroleum tanker, filling station owners face imprisonment

By Rosemary Iwunze   At the backdrop of  frequent losses of lives and property to petroleum tanker fires, the immediate implementation of the Nigerian Insurance Industry Reform Act, NIIRA, 2025 has mandated all petroleum tankers plying the highways to get insured against third party losses going forward. Also, all petroleum and gas refilling stations and installations […]

USA’s oil exports to Nigeria, others drop to 3.3m bpd

USA’s oil exports to Nigeria, others drop to 3.3m bpd

By Udeme Akpan, Agams-Emuobe Oghenemairo & Ime-Udoma Richmond THE United States of America oil exports to Nigeria and other African nations dropped for the fifth month to 3.3 million barrels per day, bpd in July 2025. The Organisation of Petroleum Exporting Countries, OPEC, disclosed this in its August 2025 Monthly Oil Market Report, MOMR, without providing details. […]