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NEWS LENS
FG Decorates 492 Deep Blue Project Ambassadors, Plans Expansion To Other Corridors
There are plans underway to expand the Deep Blue Project to vulnerable coastal and maritime corridors across the country,…
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ASSETS & FINANCIALS
Berger Paints Grows Profit 157%, Dividend Up 37.5%
Shareholders of Berger Paints Nigeria Plc have approved a final dividend payout of N1.25 per share for the financial year…
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OIL & GAS
Chinese Investors May Acquire 51% Stake In PH, Warri Refineries
The Nigerian National Petroleum Company Limited is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake…
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OIL & GAS
DisCos Install 241,590 Meters Amid Billing Complaints
Electricity distribution companies installed 241,590 meters across Nigeria in the first two months of 2026 amid ongoing efforts to reduce…
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OIL & GAS
Nigeria’s Oil Exploration Declines 41.7% As Rig Count Falls — OPEC
Nigeria’s oil exploration and drilling activities declined by 41.7 per cent in April 2026, following reduced upstream operations and investment activities.…
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OIL & GAS
Nigeria Oil Firms Surge Under Local Content Policy
Oil operating firms in Nigeria have increased from fewer than 10 before the implementation of local content policies to about…
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NEWS LENS
Customs Digitises Airport Declaration Process To End Delays
The Nigeria Customs Service (NCS), yesterday launched the Simplified Customs Advanced Declaration System (SCADS) at the International Wing of the Nnamdi…
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ASSETS & FINANCIALS
FGN Bond Subscriptions Drop 45% Despite Higher Yields
Investor appetite for Federal Government bonds weakened in May 2026 as total subscriptions dropped by 45.6 per cent month-on-month, despite…
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NEWS LENS
NIMASA Strengthens Inter-Agency Cooperation On Maritime Security
The Director-General of the Nigerian Maritime Administration and Safety Agency, Dr Dayo Mobereola, has stressed the agency’s resolve to strengthen…
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OIL & GAS
Dangote Refinery Reduces Jet Fuel Price To N1,650/litre
The Dangote Petroleum Refinery has dropped the price of jet fuel from N1,750 to N1,650 per litre. The company disclosed…
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ASSETS & FINANCIALS
Food Inflation Spikes Above 20% In 11 States
Food inflation remained above 20 per cent in 11 states in April 2026, even as national food inflation surpassed headline…
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OIL & GAS
Lagos Plans End To Electricity Band Classification
The Lagos State Government says it is planning to phase out the classification of electricity customers into different bands as…
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ASSETS & FINANCIALS
CBN Launches FX Manual, Grants Extractive Firms Full Proceeds Access
The Central Bank of Nigeria (CBN) has launched the 4th Edition of the Foreign Exchange Manual which grants foreign companies…
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OIL & GAS
FMDA Forecasts 16.42% April Inflation Rate Amid Fuel, Food Prices Surge
The Financial Market Dealers Association (FMDA) has projected Nigeria’s headline inflation rate to rise to 16.42 per cent year-on-year in April…
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COMMENTARY
REPORTER’S DIARY: How Lagos State Task Force Made Me ‘Igbobi Landlord’ For Filming Operatives Extorting Suspected ‘Okada’ Operators In Apapa
By OBIAJULU AGU The National Orthopaedic Hospital Igbobi Lagos (NOHIL) occupies more than enough land space along the Igbobi…
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NEWS LENS
Tantita Security Hands Over 15 Gun Boats To Armed Forces
The Tantita Security Services Nigeria Limited has officially handed over 15 newly procured gun boats to the Nigerian Armed Forces,…
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COMMENTARY
₦20 Trillion Is Missing From Nigeria’s Federation Account – Olisa Agbakoba
I want to ask Nigerians one simple question, and I want us to actually answer it together: WHERE DOES OUR…
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NEWS LENS
President Tinubu Charts Africa’s Blue Economy Future
President Bola Ahmed Tinubu on Tuesday declared that Africa must move from “sea blindness” to “ocean sovereignty,” positioning maritime governance…
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NEWS LENS
Apapa Customs Boss Charges Officers On Professionalism, Revenue, Trade Facilitation
The Customs Area Controller (CAC), Nigeria Customs Service, Apapa Area Command, Comptroller Emmanuel Oshoba, has charged officers and men of…
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NEWS LENS
N33.8bn Fraud: Court Jails Ex-Power Minister Mamman 75 Years
Justice James Omotosho of the Federal High Court on Wednesday sentenced former Minister of Power, Saleh Mamman, to 75 years…
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