The Minister of Marine and Blue Economy, Adegboyega Oyetola, has inaugurated the Governing Board of the Nigerian Shippers’ Council. The ceremony was held at the Minister’s Conference Room at the Ministry in Abuja. In his address at the event, Oyetola described the inauguration as a significant milestone in strengthening institutional governance and accountability within Nigeria’s…
Nigeria’s government has hired a U.S. lobbying firm to nurture ties with the Trump administration and counter what it says is misinformation from Christian Evangelical groups and others that minimises its efforts to protect the country’s Christians. U.S. President Donald Trump redesignated Nigeria “a country of particular concern” in November, promising military action if it…
About 13 years after the last study, telecom sector regulator, the Nigerian Communications Commission (NCC) said it has hired a consulting firm, PricewaterHouseCoopers (PwC), to conduct an independent, data-driven study on the level of competition in the nation’s telecom sector. Head, Competition and Tariff at the NCC, Mrs Omotayo Mohammed, in her opening remarks at…
The Nigerian Ports Authority (NPA) is bolstering the national economy through trade facilitation, infrastructural development, and operational efficiencies. A fresh $60 million investment in green port initiatives by the President Bola Tinubu administration is set to transform port operations in the country by driving a renewed focus on local content development. Data from last year…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will on January 14, this year determine its procedures for the assessment of the 2025 Licensing Round. This was contained in the announcement of Lagos pre-bid conference the commission issued yesterday. NUPRC said: ” The focus areas of the upcoming pre-bid conference include: The implementation timetable, the bid…
The National Agency for Science and Engineering Infrastructure (NASENI) has launched an Inter-Agency Innovation Competition and Awards targeted at Ministries, Departments and Agencies (MDAs) of the Federal Government to promote local solutions, collaboration and technological advancement. NASENI said the initiative is designed to harness innovative ideas from public servants that can drive technological progress and…
Manufacturers have raised the alarm over Nigeria’s current average lending rate of 36.6 per cent, which they described as “high and restrictive.” They lamented that the asphyxiating lending rate of 36.6 per cent has forced a reduction in credit access to the manufacturing sector to N7.72 trillion as at March 2025, down from N8.53 trillion…
Desirous of enhancing energy security and economic growth, the Chief Executive, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Saidu Aliyu Mohammed, alongside members of his management team, has paid a courtesy visit to the Nigerian Electricity Regulatory Commission (NERC) in Abuja. According to a post on the X, formerly Twitter, handle of the…
Non-member states of the Organisation of Petroleum Exporting Countries called OPEC+ opted for caution on Sunday, keeping its oil output policy unchanged after a short, tightly focused meeting that deliberately avoided the mounting political crises involving several of its members. The decision points to how the alliance is navigating one of its most complex operating…
