New Telegraph

SIFAX Group Sets Sights On West African Expansion In 2026

SIFAX Group Sets Sights On West African Expansion In 2026

SIFAX Group has kicked off 2026 with a bold growth agenda, unveiling an innovation-driven plan aimed at strengthening operations, enhancing technology adoption, and expanding its footprint across West Africa. In a statement, Olumuyiwa Akande, Group…

Customs Earns N731.2bn From Onne Port In 2025

Customs Earns N731.2bn From Onne Port In 2025

The Nigeria Customs Service (NCS), Port Harcourt II Command, Onne Port, has generated a total of N731.2 billion in 2025, surpassing its annual revenue target by 104.46 percent. The command had set a target of…

New NLNG MD To Assume Office In April

The NLNG Board of Directors has approved the appointment of Adeleye Falade as the new Managing Director of the company. He is expected to assume duties in April 2026, joining NLNG from Brunei LNG, where…

Venezuela/US: Oil Prices Rise To $61.30

Venezuela/US: Oil Prices Rise To $61.30

Oil prices jumped by about one per cent yesterday as traders assessed the possible impact on oil flows from the US capture of President Nicolas Maduro of Venezuela which is home to the biggest global…

Banking Stocks Lead Analysts’ Investment Picks For 2026

As investors gear up for a new year of opportunities, financial analysts at AssessWorth have released a curated “Watchlist 2026” featuring 12 Nigerian companies poised for potential growth. The list spans multiple sectors from banking…

NRS, NITDA Accredit Pillarcraft For E-Invoicing

NRS, NITDA Accredit Pillarcraft For E-Invoicing

The Nigeria Revenue Service (NRS), in collaboration with the National Information Technology Development Agency (NITDA), has accredited Pillarcraft Cloud Solutions as an official System Integrator for Nigeria’s e-Invoicing framework, according to a statement. Under the…

‘NNPC’s Debt Cancelation’ll Boost Investment Capability’

‘NNPC’s Debt Cancelation’ll Boost Investment Capability’

A former President of Trade Union Congress, (TUC), Mr Peter Esele, has said that the cancellation of about $1.42 billion and N5.57 trillion being part of the legacy debts, the Nigerian National Petroleum Company Limited…

Transgrid Acquires 60% Controlling Stake In Eko DisCo

Transgrid Acquires 60% Controlling Stake In Eko DisCo

Transgrid Enerco Limited has bought a 60 per cent controlling stake in Eko Electricity Distribution Company valued at approximately N360 billion after completing a Share Purchase Agreement (SPA). New Telegraph gathered that the transaction was…

Aradel Holdings Acquires 40% Equity Interest In ND Western

Aradel Holdings Acquires 40% Equity Interest In ND Western

Aradel Holdings Plc, yesterday, announced that its wholly-owned subsidiary, Aradel Energy Limited, has successfully completed the acquisition of an additional equity interest in ND Western Limited, following the fulfilment of all regulatory and contractual conditions…

Airfares: Stakeholders Decry Opaque Ticket Structure, Seek Transparency

Airfares: Stakeholders Decry Opaque Ticket Structure, Seek Transparency

As the new year takes off, debate surrounding domestic airfares in Nigeria has intensified, with travel agencies, regulators, and lawmakers demanding clarity and transparency. The discussion centres on whether record-high ticket prices— ranging from N400,000…