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Nigerian Shipowners Seek Funding to Compete Globally

30.01.2026
The Shipowners Association of Nigeria has stated that with improved access to funding through the Cabotage Vessel Financing Fund, Nigerian operators will be better equipped to compete more effectively with foreign operators. The President of SOAN, Sunny Eja, stated this last week during the official launch of the Cabotage Vessel Financing Fund application portal by...
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TRS to ease cargo bottlenecks & boost trade in Nigeria

30.01.2026
The Customs Area Controller in charge of the Federal Operations Unit, Zone A, of the Nigeria Customs Service, Aliyu Gambo, has described the newly launched Time Release Study as a transformative tool that will drastically reduce cargo clearance delays, improve transparency and enhance trade efficiency across Nigeria’s ports and border formations. According to a statement...
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Multi-Trex Gets NGX Nod to Increase Public Shareholding

30.01.2026
Multi-Trex Integrated Foods Plc has secured approval from the Nigerian Exchange to take steps aimed at increasing its public shareholding, following a recapitalisation that left its free float below the Main Board requirement. According to a statement signed by the Company Secretary, Sogunle Adekunle, on Tuesday, NGX Regulation Company granted the company a 24-month moratorium,...
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NCDMB empowers 250 youths with vocational skills training

30.01.2026
The Nigerian Content Development and Monitoring Board, in collaboration with Jake Riley Academy, has trained 250 youths in Lagos in solar installation and other high-demand vocational skills as part of efforts to promote self-reliance and job creation. The beneficiaries graduated on Monday from the NCDMB Lagos Youth Skills Training Programme, a capacity-building initiative designed to...
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NIWA sustains private sector collaboration to boost efficien

30.01.2026
The National Inland Waterways Authority said it is sustaining collaboration with the private sector to enhance efficiency and expand service delivery. According Wednesday’s statement, the Acting Managing Director of NIWA, Yusuf Girei, disclosed this in Abuja when the Permanent Secretary of the Federal Ministry of Marine and Blue Economy, Fatima Mahmood, engaged with the management...
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Customs Transfers N36.5m Expired Goods to NAFDAC

30.01.2026
The Nigeria Customs Service, Kirikiri Lighter Terminal Command, has handed over a 20-foot container carrying 440 bags of expired raw materials with a duty paid value of N36.5m to the National Agency for Food and Drug Administration and Control. This was contained in a recent statement by the Customs Public Relations Officer of the command,...
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Ogun community raises concerns over oil exploration site

30.01.2026
Community leaders and stakeholders from the Ipokia Local Government Area of Ogun State have queried Governor Dapo Abiodun over what they described as conflicting narratives surrounding the approved location for oil exploration in the state, particularly the status of Tongeji Island in the Ogun West Senatorial District. The concerns were raised in a letter addressed...
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New Nigeria Tax Law Boosts Disposable Income for Workers

29.01.2026
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says the new Nigeria Tax Act 2025, which restructured the Pay-As-You-Earn tax for employees, boosted the disposable income of middle- to low-income earners in the country. Oyedele said this on Wednesday during a virtual engagement with key stakeholders organised by the Presidential...
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Nigeria to Buy Satellites to Boost Digital Economy

29.01.2026
The Federal Government has approved the purchase of two new communication satellites to boost Nigeria’s digital infrastructure and support President Bola Tinubu’s plan to grow the economy to $1tn. The Minister of Communications and Digital Economy, Mr Bosun Tijani, disclosed this on Wednesday in Abuja at a press conference to mark Global Privacy Day 2026,...
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South-West States Propose N8.7tn Combined 2026 Budget

29.01.2026
The Development Agenda for Western Nigeria Commission has disclosed that South-West states have proposed a combined budget of about N8.7tn for 2026, with capital expenditure accounting for more than half of total spending. This was disclosed on Tuesday at the Commission’s 2026 Outlook event, where policymakers, economists, and civil society leaders converged to assess how...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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