Business

The Shipping Association of Nigeria (SAN) has defended the recent increase in shipping rates, insisting that the adjustment process followed due process and regulatory guidelines. The response comes after trade war advocacy committee NAGAFF raised concerns over the implementation of new port taxes in Nigeria’s maritime sector. Speaking in Lagos, SAN President Boma Alabi said criticism surrounding the tariff changes …

Investors in the Nigerian equity market lost N900 billion at the end of trading on Wednesday. This follows the fall in the prices of shares such as Red Star Express, Aradel and Presco on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 201,156.85 points from 202,559.41 points recorded on the previous trading day. After five hours of …

The race for the 2027 governorship election in Ogun State gained momentum on Tuesday when a US-based pediatrician and public health advocate, Dr. Bolaji Marie Odusina, declared her intention to contest the state’s most important seat. Odusina, popularly known as Dee Doc, formally announced his ambition at a press conference held at the Nigeria Union of Journalists Secretariat in Abeokuta, …

By Ayo Kehinde The Federal High Court of Nigeria, sitting in Warri, said Nigerians have the constitutional right to record police officers carrying out their duties in public. Declares that no law prohibits citizens from filming law enforcement personnel during public operations. Delivering judgment in case number FHC/WR/CS/87/2025 on Tuesday, Justice HA Nganjiwa said attempts by security officers to stop, …

Presidential aspirant and former Minister of Transport, Rt Hon Chibuike Rotimi Amaechi, has accused the President Tinubu-led APC government of persistent failure to protect the lives and properties of Nigerians, describing it as abysmally incompetent and lacking the basic leadership skills needed to protect Nigerians. In a statement on Tuesday, Amaechi, while commiserating with the families of the victims of …

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 …