AVA Capital set for NGX listing to strengthen market visibility
By Peter Egwuatu AVA Capital Plc, an integrated financial services group with operations in investment banking, asset management, securities trading and trusteeship, is set to list on the Nigerian Exchange Limited (NGX) by way of Listing by Introduction on Friday. According to a statement made available to Vanguard, the listing is a strategic transition into the […]
FG, GENCOs sustain disagreement over electricity sector debt
•We are already settling the debts amounting N4trn – FG•It’s N7trn, no payment has happened – GENCOs By Ediri Ejoh The Federal Government has said it is offsetting the power sector’s debt, which it said has risen to about N4 trillion. This came as the Generation Companies, GENCOs, fault the claims, insisting that the sector […]
APMT Apapa, key driver of Nigeria’s export trade — Kapito
By Godwin Oritse Nigeria’s largest container terminal, APM Terminals Apapa, has expressed its role in driving the nation’s export growth through strategic investments in infrastructure, technology and operational efficiency. Speaking at an Export Management Workshop organised by Lagos Business School in Lagos, the Chief Commercial Officer of APM Terminals Apapa, Mr. Westtar Kapito, said: “APM Terminals […]
Fuel Supply: NMDPRA grants new import permits to seven oil marketers
By Udeme Akpan, Energy Editor Nigeria’s downstream petroleum regulator has approved a fresh round of fuel import permits for major oil marketers as concerns grow over domestic supply level. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) issued the new approvals to selected marketers for the third quarter of 2026, covering the importation of […]
Cardoso launches CBN Naira Ambassadors Club
•Urges Nigerians to protect currency By Emma Ujah, Abuja Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has launched the CBN Naira Ambassadors Club, a campaign aimed at promoting respect for and proper handling of the Naira among young Nigerians. Speaking at the inauguration of the club, comprising secondary school students in […]
Net forex inflow falls 24% to $6.92bn
ByElizabeth Adegbesan Net Foreign exchange (forex) into the economy fell by 24 per cent, month-on-month, MoM to $6.92 billion in February from $9.22 billion recorded the previous month. The Central Bank of Nigeria, CBN disclosed this in its monthly economic report for February 2026. The report showed that the decline in net forex was driven by […]
