Tony Chukwunyem
The country’s Purchasing Managers’ Index (PMI) eased to 53.5 in December 2025 from 53.6 in the preceding month, but still, “signalling a solid monthly improvement in business conditions as 2025 drew to a close,” according…
BAYO AKOMOLAFE
Maritime industry is set to improve significantly this year due to major reconstruction projects and the implementation of a National Single Window policy aimed at boosting efficiency and reducing cargo clearing time among others, BAYO…
Bayo Akomolafe
Nigerian importers are to continue to facing higher logistics costs in 2026 as cargo movement by road is estimated at N1.7 trillion annually, while rail cargo freighting is five per cent or N85 billion. It…
Bayo Akomolafe
Customs agents, under the umbrella of Association of Nigerian Licensed Customs Agents (ANLCA) Western Zone, have opposed the planned increment of local charges by shipping companies, describing it as arbitrary, ill-timed and unjustifiable. Also, the…
Tony Chukwunyem
The total amount of demand deposits in the banking system rose by 2.64 per cent, or N916.45 billion, to N35.62 trillion in November 2025, from N34.70 trillion in the preceding month, latest data released by…
Success Nwogu
Mr. Anthony Chiejina, Group Chief of Branding and Communications at Dangote Group, has been named to the prestigious 2025 Influence 100, reaffirming his status as one of the world’s most consequential communications leaders and the…
Kayode Ogunwale
Seplat Energy Plc has confirmed a major shift in its shareholder structure following the sale of a significant equity stake by founding investor Etablissements Maurel & Prom S.A. In a notification of major holdings released…
Bayo Akomolafe
The Nigerian Maritime Administration and Safety Agency (NIMASA) has granted stakeholders a 30-day window, starting January 5, 2026, for self-audit and voluntary compliance to regularise their operations. The agency warned that failure to comply after…
Kayode Ogunwale
Fidelity Bank Plc has successfully raised N259 billion through a private placement of ordinary shares, significantly strengthening its capital position as Nigerian banks move to meet new regulatory requirements. In a statement released to the…
Sola Adeyemo
The Ibadan Electricity Distribution Company (IBEDC) has announced that no fewer than 22 communities in Ibadan, Ibadan, Oyo State, will experience about three hours of daily power outages due to ongoing road construction works. In…
