CBN grants JPMorgan approval-in-principle to establish merchant bank
The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as JPMorgan Merchant Bank Nigeria Limited.
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 […]
Foreign portfolio inflow drops 30.7% to N50.48 bn in July
The Foreign Portfolio inflow on the Nigerian stock market has dropped by 30.7% to N50.48 billion in July 2025 against N72.82 billion in June 2025.
Anoh CNG Park: Catalysing Nigeria’s energy transformation
The project will be rolled out in a strategic first phase covering 10 hectares of prime industrial land.
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
…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 […]
