By Martha Agas The Minister of Solid Minerals Development, Dele Alake has said that the removal of fuel subsidy by the President Bola Tinubu’s administration in 2023 stopped Nigeria’s economy from crashing. Alake stated this at the 2026 Nigeria Revenue Service- Ministry of Solid Minerals Development (NRS-MSMD) Joint Stakeholder SensitisationContinue Reading
By Constance Athekame The Managing Director of the Niger Delta Power Holding Company, Jennifer Adighije, has announced the restoration of the 450 megawatts Alaoji Open Cycle Power Plant in Abia. The restoration took place after it was shut down in 2023 over gas supply and metering disputes. Mr Emmanuel Ojor,Continue Reading
By Ginika Okoye The Federal Competition and Consumer Protection Commission (FCCPC) has sealed off two estate company offices in the Federal Capital Territory (FCT) over non-compliance with the commission’s order. The estate companies are Ochacho Group Worldwide, owners of Ochacho Real Homes and Ti’Bilon construction, real estate and facility managementContinue Reading
By Grace Alegba The Nigerian Society of Engineers, Ikeja Branch, has launched a career acceleration programme for young engineers to strengthen practical, digital and entrepreneurial skills. The programme, known as NIBCAP, was unveiled during the branch’s 2026 Annual Business Luncheon in Lagos. The luncheon had the theme, ‘Reclaiming the BuiltContinue Reading
By Lucy Ogalue The Federal Government has reiterated its resolve to bolster standardisation, quality assurance, and metrology to drive industrial growth, protect consumers, and spur economic development. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said this at the 2026 World Metrology Day celebration organised by the StandardsContinue Reading
By Taiye Olayemi Shareholders of Seplat Energy have approved a total dividend payout of N113.78 per share for the 2025 financial year. The approval was given at the company’s 13th Annual General Meeting (AGM) held on Wednesday in Lagos. The dividend comprises a final payout of N68.54 and aContinue Reading
Profit By Taiye Olayemi Wema Bank Plc says it is intensifying efforts to join Nigeria’s tier-one banking group in the near term, through strong earnings growth, fresh capital inflows and a strategic expansion drive. Th Managing Director and Chief Executive Officer, Wema Bank, Mr Moruf Oseni, gaveContinue Reading
By Vivian Emoni The Federal Government in collaboration with the Organised Private Sector, has engaged India to develop a trade and investment roadmap for 2027–2032, aimed at advancing Nigeria’s economic diversification goals. Chief Emeka Obegolu, President, Abuja Chamber of Commerce and Industry (ACCI) disclosed this at a track two roundtableContinue Reading
By Taiye Olayemi The National Pension Commission (PenCom) and the Nigeria Labour Congress (NLC) Lagos Council will begin enforcement against pension defaulters under the Contributory Pension Scheme from June 1. The NLC Lagos Council Chairperson, Funmi Sesi, disclosed this after an interactive session organised by PenCom in Lagos. The sessionContinue Reading
By Lucy Ogalue The Federal Government has called for stronger measurement standards and quality infrastructure to support industrial growth, consumer protection and global competitiveness. The Director-General of Standards Organisation of Nigeria (SON), Dr Ifeanyi Okeke, made the call at an event organised to commemorate the 2026 World Metrology Day onContinue Reading
