September 2025 – Page 145

WACT-APM Launches Solar Recycling Plant in Rivers State

11.09.2025

The West Africa Container Terminal-APM Terminals Nigeria, in partnership with Garbage In Value Out, has launched a solar-powered recycling plant in its host community, Onne, Eleme LGA, Rivers State. In a statement on Wednesday, the terminal operator stressed that the move is a major step toward environmental sustainability and community development. “The innovative facility is...

Apapa Customs Chief Prioritizes ICT Modernization Drive

11.09.2025

The new Controller in charge of the Apapa Area Command of the Nigeria Customs Service, Emmanuel Osoba, says the unit is currently at a critical juncture in the ongoing information and communication technology and modernisation efforts within the Service. Osoba, who stated this on Monday in Apapa during his acceptance speech as the new CAC...

Axxela, Evans Industries Sign Power Purchase Agreement in Ni

11.09.2025

Axxela Integrated Power has signed a Power Purchase Agreement with Evans Industries Limited, a manufacturer of home and personal care products in Nigeria. In a statement announcing the deal, it was stated that under the terms of the agreement, Axxela Integrated Power will provide cost-effective, reliable, and integrated power solutions to support Evans Industries’ operations....

Anambra Residents Shouldn’t Pay for Transformers

11.09.2025

The Nigerian Electricity Regulatory Commission has called on electricity consumers in Anambra State to stop fixing or buying transformers, cables or poles, saying this is the sole responsibility of the Enugu Electricity Distribution Company. The Commission asked Anambra residents to report any instances where officials of the Enugu DisCo request payments for transformers, cables, or...

Nigeria’s 2025 Energy Conference: Opportunities & Risks

11.09.2025

Ministers, regulators, and top industry leaders will, on October 9, 2025, converge in Lagos for the Annual NAEC Energy Conference 2025. A statement by the organisers indicated the conference will feature keynote addresses from the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri; the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo; the...

FIRS Partners With EFCC to Enforce tax compliance in Nigeria

11.09.2025

The Federal Inland Revenue Service has said that the Economic and Financial Crimes Commission is key in its drive to enforce voluntary tax compliance. According to a statement from the service on Tuesday, the FIRS Executive Chairman, Dr. Zacch Adedeji, said this during a courtesy visit to the EFCC headquarters in Abuja. The newly signed...

Nigeria Bans Unlicensed Boats to Improve Waterway Safety

11.09.2025

The National Inland Waterways Authority has announced an immediate ban on all loading activities from unauthorised points across the country to curb boat accidents and improve safety on Nigeria’s inland waterways. Speaking during a press briefing in Abuja on Tuesday, the Managing Director of the National Inland Waterways Authority, Bola Oyebamiji, announced the new directives,...

Nigeria Launches €18.3M EU-backed Agriculture Project

11.09.2025

The Federal Government of Nigeria, in partnership with the Government of Germany and the European Union, officially launched the €18.3m EU-VACE TARED Project on Wednesday. The project is a four-year initiative aimed at transforming Nigeria’s agricultural sector through climate-smart practices, job creation, and inclusive value chain development. The EU-VACE TARED (Agriculture Value Chain Facility –...

NAICOM & FinTechs Partner for Insurance Digital Transformati

11.09.2025

The Commissioner for Insurance, Mr. Olusegun Omosehin, has met with the FinTech Association of Nigeria to discuss strategies for driving digital transformation in the Nigerian insurance sector. According to a statement on Wednesday, the meeting highlighted a shared vision to revolutionise the insurance landscape through technological innovation, collaboration, and strategic partnerships. “The FinTech Association, led...

Nigeria Adopts T+2 Settlement: Boosting Investor Confidence

11.09.2025

The Securities and Exchange Commission and the Central Securities Clearing System have said that Nigeria’s transition to a T+2 settlement cycle will significantly boost investor confidence and deepen market liquidity, marking a major step in aligning the nation’s capital market with global best practices. This was disclosed at the webinar titled ‘Advancing Market Efficiency through...