Ardova-Diadem Energy Acquires 100% of Powergas
By Oluwakemi Kindness Millions of Nigerians who depend on road transportation could gain access to alternative fuel options as the Ardova Plc–Diadem Energy Consortium targets 100 compressed natural gas (CNG) refuelling stations nationwide within 24 months. The plan follows the consortium’s agreement to acquire 100 per cent of Powergas Global Investments Nigeria Limited and Powergas […]
Tinubu Extends 2025 Budget Implementation to December
By Julian Osamoto President Bola Tinubu has signed into law the Appropriation (Amendment) (No. 4) Bill, 2025, extending the implementation of the 2025 budget from September 30 to December 31, 2026. This was contained in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, on Wednesday. The extension followed the […]
SEDC Unviels Enugu Farm Project to Boost Food Production
By Oluwakemi Kindness The South East Development Commission (SEDC) says its new agricultural project in Enugu will create opportunities for smallholder farmers and young people while strengthening food production in the region. The Commission made this known as it flagged off its South East Agro-Development Programme with the development of a 200-hectare integrated model farm […]
NMDPRA Threatens Petrol Stations Over Under-Dispensing
By Mardiyyah Abubakar The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has warned petrol station operators against under-dispensing products, threatening to revoke the licences of persistent or serious offenders. The regulator issued the warning in a circular on Tuesday in Abuja, saying it had identified cases of under-dispensing at retail outlets across the country. […]
IST to Digitalise Processes, Adopt New Rules for Faster Justice
By Oluwakemi Kindness The Investments and Securities Tribunal (IST) is set to adopt new Rules of Engagement and begin digitalising its processes to make capital-market justice faster and easier to access. Chairman of the Tribunal, Hon. Aminu Junaidu, disclosed this when the President of the Chartered Institute of Stockbrokers (CIS), Dr. Fiona Ahmed Ahimie, led […]
NEPZA Tightens Enforcement Against Illegal Container Importation
By Oluwakemi Kindness The Nigeria Export Processing Zones Authority, NEPZA, has announced immediate tougher enforcement against illegal importation of containers into Free Trade Zones, including intensified inspections and closer scrutiny of documentation. NEPZA Managing Director, Dr. Olufemi Ogunyemi, disclosed this in a statement made available to journalists by the Authority’s Head of Corporate Communications, Dr. […]
NSITF Goes Digital, Tackles Structural Challenges — Faleye
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has embarked on a major digital transformation aimed at making its operations more efficient, accountable and responsive, its Managing Director, Oluwaseun Faleye, has said. Faleye said the Fund had, in the last two years, moved decisively from predominantly manual and top-heavy operations towards an integrated, […]
Sanusi Urges Caution Over Dangote Refinery IPO
By Sofiat Adenekan-Abdul Emir of Kano, Muhammadu Sanusi II, has urged Nigerians to be cautious when investing in initial public offerings, IPOs. Sanusi spoke at the Dangote Petroleum Refinery and Petrochemicals IPO roadshow in Kano, where he advised people not to sell their homes or use their children’s school fees to buy shares. He encouraged […]
NLC Demands Wage Award, Palliatives as Petrol Price Hits N1,430
By Chinedu Echianu The Nigeria Labour Congress (NLC) has called on the Federal Government to immediately introduce wage awards and sustainable palliatives to cushion the impact of rising petrol prices on workers and Nigerians. The Congress said petrol prices had climbed to about N1,430 per litre in major urban centres, with costs even higher in […]
Inflation Eases to 15.39% as Food Prices Slow — NBS
By: Mardiyyah Abubakar Nigeria’s headline inflation rate eased marginally to 15.39 per cent in August 2026, driven largely by a significant slowdown in food price growth, the National Bureau of Statistics has said. The NBS disclosed this in its Consumer Price Index report for August, released on Monday, noting that the figure was 0.04 percentage […]