Business

Nigeria has signed a £746 million financing agreement with the UK to modernize Nigeria’s port infrastructure. This was announced on Tuesday in a statement by the Minister of Maritime Affairs and Blue Economy, Dr Adegboyega Oyetola, noting, that the agreement is to fund the comprehensive modernization and upgrade of the Lagos Apapa Port Complex, known as Apapa Harbor, and the …

The National President of Moshood Abiola Polytechnic Alumni Association (MAPALUM), Alhaji Ayinde Soaga, has urged newly admitted students of Moshood Abiola Polytechnic (MAPOLY), Abeokuta, to prioritize practical skills alongside academic qualifications to enhance self-reliance. Soaga made the charge on Tuesday during a press conference held on the institute’s campus ahead of the 2025/2026 matriculation ceremony and inaugural lecture themed “Building …

By Victor Osula, Abuja The Independent Corrupt Practices and Other Related Offenses Commission (ICPC) has denied reports that it has sought a fresh extension of the detention of former Kaduna State governor, Nasir Ahmad El-Rufai, describing such claims as inaccurate and misleading. The clarification is contained in a statement signed on Tuesday by John Okor Odey, the Commission’s head of …

The Director General of the Securities and Exchange Commission (SEC) Emomotimi Agama, has revealed that the Nigerian digital space, cryptocurrency operations have reached $96 billion in transactions He stated this on Monday in Abuja during the Citizen and Stakeholder Engagement Session organized by the Federal Ministry of Finance in Abuja. According to him, the scale of activity in the digital …

The CAF appeals panel stripped Senegal of the 2025 AFCON title, overturning the result to a 3-0 win for Morocco following a protest over their elimination in the final.Senegal was sanctioned for abandoning the match, resulting in heavy fines ($615,000), a five-match ban for their coach and a reversed result. The CAF appeals commission has officially overturned the final result …

Jumia Nigeria has highlighted its comprehensive approach to protecting consumers from counterfeit or adulterated products on its marketplace Jumia Group Head of Content and Production, Peters Afebuame, disclosed this while speaking at a high-level panel session as the global community commemorates World Consumer Rights Day. The company, joining industry leaders, regulators and consumer advocates at a high-level panel session hosted …

…Officers must wear name tags and service numbers …Stop harassment and device confiscation Daud Olatunji The Federal High Court in Warri has said Nigerians have the constitutional right to record police officers carrying out their duties in public. Delivering the ruling in case number FHC/WR/CS/87/2025 on Tuesday, Justice HA Nganjiwa said no law prohibits citizens from filming law enforcement officers …

By Victor Osula, Abuja The Federal Government has declared Thursday, March 19 and Friday, March 20, 2026, as public holidays to mark this year’s Eid-el-Fitr, urging Nigerians to embrace unity and peaceful coexistence. The Minister of Interior, Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government in a statement issued by the ministry’s Permanent Secretary, Magdalene Ajani, on …

Sovereign Trust Insurance Plc has reported a sharp increase in claims payments for the 2025 financial year, disbursing N6.05 billion to policyholders, a significant increase from N4.2 billion in 2024. This highlights increased use of insurance and growing exposure to risk across the country. The company’s new CEO/CEO, Lucas Durojaiye, said the performance reflects strong customer confidence as the company …

The CAF Board of Appeal has decided that, pursuant to Article 84 of the CAF Africa Cup of Nations (AFCON) Regulations, the Senegal national team is declared lost in the final match of the TotalEnergies CAF Africa Cup of Nations (AFCON) Morocco 2025 (“the match”), with the result of the match recorded as 3-0 in favor of the Fédération Royale …