By Monday Ajogun The Onitsha River Port Manager, Mr Martins Osazuwa, says the port can generate N10 billion annually if fully operational. Osazuwa disclosed this in Onitsha while speaking with the News Agency of Nigeria (NAN). He confirmed a barge recently berthed at the port—the first in 2025. He saidContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) has commended President Bola Tinubu for signing the 2025 Nigerian Insurance Industry Reform Act (NIIRA) into law. The chamber described it as a major milestone for the nation’s insurance sector. Speaking at a stakeholders’ meeting in Abuja on Thursday,Continue Reading
By Muhyideen Jimoh President Bola Tinubu has nominated Mr Abdullahi Garba Ramat as Chairman/Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC). This is contained in a statement by Presidential Spokesperson, Mr Bayo Onanuga, on Thursday in Abuja. Ramat, 39, is an electrical engineer with a PhD in StrategicContinue Reading
By Rukayat Moisemhe The Minister of Innovation, Science and Technology, Mr Uche Nnaji, and industry stakeholders have stressed the need for innovations and partnerships in advancing a sustainable manufacturing sector and creating real opportunities for Nigerians. They stated this at the ninth Nigeria Raw Materials Expo and eighthContinue Reading
By Rukayat Moisemhe Minister of State for Industry, Sen. John Enoh, says the National Industrial Policy prioritises technology adoption, equipment financing, and power integration to support manufacturing sector innovation. The minister said this at the 2025 edition of the Nigeria Manufacturing and Equipment (NME) and Nigerian Raw Materials (NIRAM) expoContinue Reading
By Lucy Ogalue The Federal Government is intensifying efforts to ensure Nigerians get fair value for their money through accurate quantity measurements in goods and services. The Permanent Secretary in the Ministry of Industry, Trade and Investment, Amb. Nura Rimi, said this on Wednesday in Abuja. Rimi, represented by MrContinue Reading
By Taiye Olayemi The Nigerian Insurers Association (NIA) has commended President Bola Tinubu for assenting to the Nigerian Insurance Industry Reform Act (NIIRA) 2025. Its Chairman, Mr Kunle Ahmed, in a statement on Wednesday, described (NIIRA) 2025, as a pivotalContinue Reading
By Taiye Olayemi Ms Prisca Soares, Chairman of the Almond Insurance Industry Awards Panel of Judges, has urged stakeholders in the insurance industry to embrace the reforms outlined in the Nigerian Insurance Industry Reform Act (NIIRA) 2025. Soares spoke at a news conference unveiling nominees forContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS) says total capital importation in Nigeria stood at 5642.07 million dollars in the first quarter of 2025. The NBS said this in its Nigeria Capital Importation 2025 first quarter report released in Abuja. The report said that the first quarter figure wasContinue Reading
By Muhyideen Jimoh President Bola Tinubu has signed the Nigerian Insurance Industry Reforms (NIIR) Bill 2025 into Law, marking a major step toward strengthening the financial sector and driving a one trillion dollar economy. This is contained in a statement by Presidential Spokesperson, Mr Bayo Onanuga on TuesdayContinue Reading
