By Rukayat Moisemhe The Lagos Building Investment Company (LBIC) Plc has reported a 43 per cent increase in profit before tax to N1.655 billion for the 2025 financial year. The Chairman of the Board, Mr Hakeem Ogunniran, said this at the company’s 21st Annual General Meeting (AGM) on Tuesday inContinue Reading
By Ibukun Emiola Stakeholders in Nigeria’s power sector have called for accelerated delivery of the Ikere Gorge Hydropower Project, describing it as critical to improving electricity supply and driving economic growth. They made the call in Ibadan during a UK PACT stakeholder engagement workshop on the imperatives for fast-tracking theContinue Reading
By Vivian Emoni Abuja, May 5, 2026 (NAN) The Ministry of Industry, Trade and Investment, has reaffirmed its commitment to collaborate with the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and other relevant stakeholders to enhance Nigeria’s investment climate. The Minister, Dr Jumoke Oduwole, made the commitment during a courtesyContinue Reading
By Isaiah Eka Dr Paul Adalikwu, the Secretary-General, Maritime Organisation of West and Central Africa (MOWCA), says regional collaboration will help to unlock great opportunities in the maritime sector. Adalikwu made the call in Oron, Akwa Ibom during a regional exchange visit to the Maritime Academy of Nigeria (MAN). TheContinue Reading
By Martha Agas The Sea and Empowerment Research Centre (SEREC) has called for a sustained professional governance structure in the Nigeria Customs Service (NCS) to forestall institutional regression. SEREC made the call in its executive brief issued to newsmen by its Head of Research, Dr Eugene Nweke, on Monday inContinue Reading
By Taiye Olayemi The equities market gained N26.185 trillion in April, driven by improved crude oil outlook and strong corporate earnings that boosted investor sentiment. Market capitalisation rose from N129.809 trillion at the beginning of the month to N155.994 trillion, representing a 20.17 per cent increase, while the All-Share IndexContinue Reading
By Olawunmi Ashafa Chief Executive Officer, Office of the Tax Ombud, Dr John Nwabueze, says ongoing tax reforms are creating a faster, cost-free and accessible pathway for resolving disputes without litigation. Speaking at an interactive session with business editors in Lagos, Nwabueze said the ombud office serves as an independentContinue Reading
The Ministry of Petroleum Resources says Nigeria remains committed to the principles and objectives of the Declaration of Cooperation between the Organisation of the Petroleum Exporting Countries (OPEC) and its allies under OPEC+.Continue Reading
By Fabian Ekeruche Harde Business School, an emerging EdTech platform, says it is bridging a critical gap in access to quality education by offering flexible, technology-driven, skill-based training targeted at underserved populations. The Co-founder and Chief Executive Officer of the institution, Mr Dami Oguntunde, disclosed this during a courtesy visitContinue Reading
Dr Billy Gillis-Harry, an energy expert, says the United Arab Emirates’ (UAE) exit from the OPEC signals the need for Nigeria to reassess its oil strategy and prioritise national economic interests.Continue Reading
