Author: Mujeedat
Nigeria’s long‑await уг National Single Window (NSW) platform is set to go live on Friday, promising to overhaul how cargo moves through the country’s ports and ease the burden on importers and exporters. The digital system is expected to slash delays, reduce paper‑based bureaucracy, and lower the overall cost of moving goods into and out of the country. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the NSW will consolidate the work of multiple agencies into a unified electronic channel, allowing traders to submit documents once and receive coordinated approvals from customs, ports, and…
The Nigeria Customs Service (NCS) has taken a major step toward easing cross‑border commerce by holding a high‑level technical engagement with the African Continental Free Trade Area (AfCFTA) Secretariat at its headquarters in Maitama, Abuja, on 23 March 2026. The meeting focused on operationalising the Simplified Trade Regime (STR) to support small‑scale traders and informal cross‑border commerce under the AfCFTA agenda. The Comptroller‑General of Customs was represented by the Deputy Comptroller‑General (Tariff and Trade), DCG Caroline Niagwan, who pledged that the NCS would design simpler, more transparent customs procedures to include Micro, Small, and Medium Enterprises (MSMEs) in regional trade.…
The Nigerian Content Development and Monitoring Board (NCDMB) vows to complete the five-star Radisson Hotel and Conference Centre in Yenagoa, Bayelsa State, by December 2026, promising a tourism boom for the Niger Delta. Executive Secretary Engr. Felix Omatsola Ogbe shared this timeline during a project tour and workshop at the Nigerian Content Tower in Swali, Yenagoa, hosting executives from South Africa’s Edison Corporation (Radisson partner) and contractor Megastar Technical and Construction Company. “This project is critical to the Board, Yenagoa, Bayelsa, and Nigeria,” Ogbe said. “With this hotel functional by year-end, Bayelsa will see tourism, that’s one of…
Abu Dhabi National Oil Company (ADNOC) CEO Sultan Al Jaber has branded any attempt to close the Strait of Hormuz as “economic terrorism,” warning it poses a direct threat to global energy security. In a recorded message to CERAWeek attendees in Houston, Texas, Al Jaber highlighted the chokepoint’s critical role: roughly 20% of the world’s oil and gas flows through it. Recent attacks on regional energy infrastructure and shipping have already constricted supply routes, driving sharp oil price spikes. “When Hormuz is squeezed, the pressure is felt everywhere,” he said, explaining that disruptions raise consumer costs and slow…
Heirs Energies is sustaining over 350 megawatts of electricity generation in Nigeria by maintaining steady gas supply into the national grid, even as many power plants struggle with persistent shortages and payment bottlenecks. The company’s uninterrupted flow of gas helps power homes, businesses, schools, and industries, offering a rare pocket of stability in an otherwise fragile power sector. Nigeria’s electricity system remains heavily dependent on gas‑fired plants, which account for the bulk of the country’s installed capacity of more than 13,000 megawatts. However, actual generation has often fallen far below that level, with as much as 68 percent of thermal…
The Blue Economy Academy has officially launched Blue Economy Television (BETV), the country’s first broadcast platform solely dedicated to the blue economy, on March 23, 2026, in Lagos, marking a step in Nigeria’s efforts to harness its vast ocean and coastal resources while driving awareness, policy conversations, and industry participation within the emerging sector. Speaking at the event, Founder of the Blue Economy Academy, Ubong Essien, described BETV as a strategic initiative designed primarily for the media and blue economy practitioners to spotlight opportunities across Nigeria’s 853 kilometre coastline, stretching from Badagry to Bakassi. He said the project is primarily…
The National Youth Service Corps (NYSC) has launched an investigation into the death of a Corps Member in Abeokuta, Ogun State, expressing deep sorrow over the loss and extending condolences to the victim’s family. In a statement, the NYSC described the incident as tragic and confirmed that the circumstances surrounding the death are under active investigation by relevant security agencies. The Scheme also acknowledged media reports suggesting the possible involvement of a staff member, stressing that the individual has been taken into custody and that the NYSC is fully cooperating with law enforcement to ensure due process and justice. The…
Leadway, Nigeria’s leading non‑banking financial and wellbeing conglomerate, is raising the bar in women’s empowerment with its Hersurred initiative, which has grown from a niche recognition platform into a full‑blown movement spotlighting women driving change across finance, technology, entrepreneurship, the creative sector, public service, and social development. Launched in 2024, Hersurred has evolved into a dynamic ecosystem that celebrates women not just for participating in their fields, but for actively reshaping them through leadership, innovation, and impact. This year, the initiative takes a bold turn from acknowledgment to amplification under the theme “Show Her Off,” focusing on women who…
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has been conferred an Award of Recognition by his alma mater, St. Patrick’s Grammar School, Ibadan, in appreciation of his impactful mentorship and dedication to nurturing younger generations. The award was presented during the school’s 64th Founders’ Day celebration, where Dr. Mobereola joined fellow old boys, staff, and stakeholders to mark the institution’s enduring legacy in education and national development. Reflecting on his time at the school, the NIMASA DG described the honour as deeply personal, recalling the friendships, guidance from teachers, and the…
Fidelity Bank Plc has announced a high‑level virtual webinar focused on strengthening fiscal transparency and modernising revenue systems in the public sector. Scheduled for Tuesday, March 24, 2026, the event, themed Digital Fiscal Transparency: Unlocking Sub‑national Opportunities for International Partners, will bring together public sector leaders, development institutions, agency heads, and financial experts to explore how digital platforms can improve collections, oversight, and accountability. Richard Madiebo, Divisional Head, Public Sector, Fidelity Bank Plc, said the session is designed to help institutions tackle challenges such as revenue leakages, fragmented collection channels, poor reconciliation, and weak visibility into revenue performance. …