The Presidential Initiative on Compressed Natural Gas (Pi-CNG) and Electric Vehicles (EVs) has signed an agreement with You Jie Te Environment Technology Ltd (YJT) to localise the manufacturing of critical energy infrastructure in Nigeria.
Continue Reading
Christmas By Okeoghene Oghenekaro The Director-General, Infrastructure Concession Regulatory Commission (ICRC), Dr Jobson Ewalefoh, has urged Nigerians to embrace love, hope and a renewed sense of responsibility to national development as they celebrate Christmas. Ewalefoh made the call in a Christmas message on Wednesday in Abuja. He described the seasonContinue Reading
By Lucy Ogalue The Federal Government has signed a Memorandum of Understanding (MOU) with RSE Energy Nigeria to provide off-grid and embedded power solutions for industrial clusters across the country. During the signing ceremony on Tuesday in Abuja, the Minister of State for Industry, Sen. John Enoh, said that theContinue Reading
By Taiye Olayemi The Nigerian equities market closed bullish on Tuesday, leading to N578 billion gains for investors. This marks the 9th consecutive bullish session. Gains in stocks like: Aluminium Extrusion Industries, Austinlaz, Custodian Investment, First Holding Company, FTN Cocoa Processors and 24 others drove the market into positive terrain.Continue Reading
By Okeoghene Akubuike The Director-General, Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, says the bureau is committed to strengthening the economy through procurement reforms and implementing the ‘Nigeria First’ policy. Adedokun said this in a statement by Zira Nagga, Head of Press and Public Relations, BPP, in Abuja onContinue Reading
By Taiye Olayemi Agusto & Co. has assigned a “Bbb-” long-term rating with a stable outlook to Universal Insurance Plc, citing the company’s long operating history, improved profitability and sound underwriting performance. The rating agency in a statement on Monday, said the insurer’s strong solvency position, with a margin ofContinue Reading
By Grace Alegba Swede Control Intertek Ltd., an ISO-certified pre-shipment inspection firm, has projected a positive outlook for Nigeria’s export sector in 2026. It also cited stronger compliance, quality assurance, and government reforms as key drivers. Its Managing Director, Mr Folarin Familusi, made the disclosure on Monday during a virtualContinue Reading
Dangote Cement Plc, Gboko Plant, has rolled out a comprehensive social programme aimed at driving sustainable economic empowerment within its host communities. Speaking on Monday at the ceremony in Gboko, the Head of Social Performance of Dangote Cement Plc, Gboko Plant, Dr Johnson Kor, said the social programmes were conceivedContinue Reading
By Taiye Olayemi The Central Securities Clearing System Plc (CSCS) has appointed Mr Shehu Shantali as its new Chief Executive Officer (CEO), effective Jan. 1, 2026, following the receipt of regulatory no-objection. The company said in a statement on Friday that Shantali would succeed Mr Haruna Jalo-Waziri, who is steppingContinue Reading
By Taiye Olayemi Wema Bank has disbursed N120 million in grants to youth-led startups, aimed at solving the nation’s development challenges through technology. The Managing Director of Wema Bank, Mr Moruf Oseni, who reaffirmed the bank’s commitment to youth-led innovation, said sustained investment in technology and talent is critical toContinue Reading
