The Nigeria Ports Economic Regulatory Agency (NPERA) has formally commenced operations as the statutory economic regulator of Nigeria’s ports, with a mandate to promote fair tariffs, faster cargo clearance, greater competition and a more predictable business environment. The commencement follows President Bola Ahmed Tinubu’s assent to the Nigeria Ports Economic Regulatory Agency Bill, 2026, which […]

The colonial-era introduction of bingo to Nigeria is nearly two centuries old, and the game has survived every social and technological transition since. The current online form is just the latest adaptation of a format that has proven unusually durable.

The National Inland Waterways Authority (NIWA) has ordered waterfront owners, tank farm operators and boat operators to stop dumping waste into the nation’s inland waterways, warning that the practice is threatening navigation, aquatic life and the development of Nigeria’s blue economy. NIWA gave the warning in Lagos during the launch of a nationwide inland waterways […]

According to the CP, the suspects invaded the AIT premises, which is currently off-air, and carted away master control room transmission equipment valued at approximately ₦150 million.

Osun State governor, Ademola Adeleke, has denied reaching any agreement with the African Democratic Congress (ADC) ahead of last Saturday’s governorship election. Adeleke said ADC was not part of the political alliance that backed his bid for re-election before, during or after the poll. The governor’s clarification followed a statement by ADC National Publicity Secretary, […]

The North East Development Commission (NEDC) has commissioned a world-class fertility centre and a maternity complex with more than 40 labour rooms at the University of Maiduguri Teaching Hospital (UMTH), Borno State. The facilities were commissioned on Tuesday by the Minister of State for Regional Development, Uba Maigari Ahmadu, who described the fertility centre as […]

The founder of Silverbird Group and former senator, Ben Murray-Bruce, has called on President Bola Tinubu to address the poor performance of Nigeria’s government-owned refineries and ensure they become productive and commercially viable. Murray-Bruce expressed concern that despite Nigeria’s vast crude oil reserves and the huge sums committed to reviving the Port Harcourt, Warri and […]

The Naira on Tuesday further appreciated at the official market, trading at N1,343.32 to the US dollar. The post Naira appreciates further against dollar appeared first on Vanguard News.

The Independent National Electoral Commission (INEC) has reaffirmed its commitment to conducting a free, fair, credible and transparent 2027 General Election as it hosted a delegation from the International Republican Institute (IRI) for its Pre-Election Assessment Mission (PEAM) in Abuja. The IRI delegation, led by its President, Dr Dan Twining, is in Nigeria from August […]

Under the NTA, gains derived by a non-resident from the disposal of chargeable assets are taxable in Nigeria where the asset is located in Nigeria or deemed to be located in Nigeria. The post 30% CGT, indirect transfer rules raise tax stakes for investors appeared first on Tribune Online.

According to him, the ability of investors to enter and exit positions efficiently, competitive bid-offer spreads and effective price discovery are equally critical measures of market strength. The post NGX, Stanbic IBTC push market making, securities lending to deepen equity liquidity appeared first on Tribune Online.

Major rating firm, Moody, has raised concerns that persistently high oil prices or fuel rationing could weaken broader economic activity and ultimately weigh on energy demand. However, Moody expects earnings growth for Exploration and Production (E&P) and integrated oil companies to remain elevated through 2026, supported by higher commodity prices and modest production growth. Moody’s […]

By Afadapakuro ‎ ‎The political history of Osun State cannot be told without mentioning former Governor Ogbeni Rauf Aregbesola and the role he played in building the political structure that brought the All Progressives Congress (APC) to prominence in the state. ‎ ‎As governor, Aregbesola pursued a number of projects and policies that, in the […] The post Aregbesola Built the Structure, Oyetola Divided the House. appeared first on OsunDefender.

American oil major, Chevron has confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0, offshore Angola. The well is operated by wholly owned subsidiary Cabinda Gulf Oil Company Limited.  The discovery marks the beginning of a new phase of work, says Kevin McLachlan, Chevron’s vice president of exploration. The […]

A new report has revealed that the disruption of oil supplies following the near-complete closure of the Strait of Hormuz has driven a sharp increase in profits for major oil and gas companies. The World Oil report said higher fossil fuel prices had boosted earnings across the industry, particularly in the United States and Europe, […]