By Philip Yatai Minister of the Federal Capital Territory, Nyesom Wike, has urged indigenous companies to invest in life-impacting Corporate Social Responsibility (CSR) initiatives in their host communities for mutual benefit. Wike gave the advice on Friday in Port Harcourt while inaugurating the Corporate Office of Giolee Global Resource Ltd,Continue Reading
By Rukayat Moisemhe Mrs Ngozi Oyewole, the Chairperson of Wood Sectoral Group of the Manufacturers Association of Nigeria (MAN), says 2026 will be a turning point for Nigeria’s wood and furniture manufacturing sector following Federal Government’s ban on export of raw wood. Oyewole said this in an interview with theContinue Reading
By Martha Agas The Nigeria Customs Service (NCS) says it has begun procedures for granting safe passage to personal vehicles temporarily imported or transiting through Nigeria by international travelers. NCS`s Comptroller-General(C-G), Bashir Adeniyi, made the announcement on Wednesday in a statement by the service`s spokesperson, Abdullahi Maiwada, published on allContinue Reading
By Taiye Olayemi The Nigerian stock market on Wednesday sustained its bullish sentiment, adding N409 billion to investors’ portfolios, according to figures from the Nigerian Exchange Ltd. The positive performance was driven by renewed investor interest in Okomu Oil, Union Dicon Salt, Seplat, NCR Nigeria, Mc Nicholas and 30 otherContinue Reading
By Taiye Olayemi Universal Insurance Plc has outlined plans to focus on digital innovation, product expansion and stronger partnerships in 2026 as part of efforts to enhance its revenue base. The Managing Director of Universal Insurance, Dr Japhet Duru, disclosed this during the firm’s 2026 Annual Thanksgiving and PrayerContinue Reading
By Grace Alegba Nigeria’s economy is stabilising but remains fragile, requiring sustained reforms to unlock its full potential, says Dr Yemi Kale, Afreximbank’s Chief Economist. Kale spoke on Tuesday at the Nigeria Economic Outlook 2026 hybrid event organised by FirstBank in Lagos. The event was themed ‘The Great Calibration: MasteringContinue Reading
By Grace Alegba The Managing Director of First Bank of Nigeria Ltd., Mr Olusegun Alebiosu, says Nigeria is entering 2026 with stronger economic momentum as reforms begin to stabilise markets, lift investor confidence and unlock new growth opportunities. Alebiosu spoke on Tuesday at the Nigeria Economic Outlook 2026, a hybridContinue Reading
By Constance Athekame The Nigerian Electricity Regulatory Commission says electricity distribution companies collected N570.25 billion in the third quarter of 2025, reflecting improved revenue performance across the power sector nationwide during the reporting period. NERC said the amount was collected from N706.61 billion billed to customers, indicating substantial recovery ofContinue Reading
LOTUS Bank appoints Ajani-Lawal as new chief executiveContinue Reading
By Kadiri Abdulrahman Nigeria Revenue Service (NRS) says its replacement with the defunct Federal Inland Revenue Service (FIRS) will overhaul the architecture of the country’s revenue administration. The Executive Chairman of NRS, Dr Zacch Adedeji, said this in a television interview monitored from Abuja. The News Agency of Nigeria (NAN)Continue Reading
