Author: Mujeedat
The Nigeria Customs Service hosted a high-level diplomatic cocktail reception in Abuja on June 3, 2026, bringing together ambassadors, high commissioners, heads of missions, and senior government officials for strategic engagement aimed at strengthening international cooperation, trade relations, and institutional partnerships. Held at the rooftop of Nigeria Customs Service Headquarters in Maitama, Abuja, the event attracted the Chief of Air Staff, Inspector-General of Police, members of Customs Management, and other senior officials from key security and government institutions. Welcoming diplomatic community, Comptroller-General of Customs Adewale Adeniyi MFR expressed appreciation for sustained support of international partners in strengthening bilateral…
The Minister of Power, Joseph Tegbe, has reaffirmed his commitment to improving Nigeria’s power infrastructure and deployment, urging all sector players to remain focused, innovative, and relentless in the collective mission to deliver electricity to Nigerian homes, businesses, and industries. Tegbe said his priority is to provide services to all strata of energy-demanding areas. He commended the management and staff of the Transmission Company of Nigeria, Niger Delta Power Holding Company, and Abuja Electricity Distribution Company for their recent demonstrations of professionalism and commitment to restoring and expanding Nigeria’s power infrastructure, in line with their mandate to ensure…
Ecobank Launches $450 Million Nature Bond To Advance Agriculture And Safeguard Ecosystems
Ecobank Group has ramped up its efforts to strengthen Africa’s agricultural sector while promoting sustainable ecosystems across the continent. As part of this strategy, the bank has introduced the world’s first ICMA commercial bank-issued Nature Bond on the London Stock Exchange, opening a new channel for international and African capital to safeguard Africa’s biodiversity. Moody’s granted the transaction its highest sustainability quality score, SQS1 Excellent. The bond will finance African farmers, sustainable agriculture businesses, and water systems, helping protect some of the planet’s most vital ecosystems. The USD 450 million bond was priced amid robust investor demand,…
FiBOP Readies Third Youth Capacity Building Conference Focused on AI, Digital and Financial Skills
The Finance and Business Online Publishers Association has confirmed that all preparations are complete for the third edition of its Youth Capacity Building and Empowerment Programme for Senior Secondary School students in Lagos State. The conference, themed Digital Skills, Artificial Intelligence, Online Safety, Insurance and Financial Literacy for Nigerian Youth, will hold on Thursday, 4 June 2026, at the Lagos Chamber of Commerce and Industry Conference Centre in Ikeja, Lagos. The event is expected to bring together hundreds of students, educators, policymakers, technology experts, insurance professionals, financial literacy advocates, and other stakeholders dedicated to preparing young Nigerians for…
Renowned transport and logistics expert Dr. Segun Musa has been appointed chairman of the 12th edition of the Nigeria Transport Lecture, set to take place in Lagos on June 18, 2026. Organised by Transport Day newspaper, this year’s lecture will centre on the theme Multi-modal Transportation Safety in Nigeria: Prospects, Challenges and Contribution to National Growth. Musa, Chairman and Managing Director of Widescope Logistics International, is widely respected for his decades of experience in transportation, logistics, and supply chain management. The event will feature a keynote presentation by Mr. Kingsley Onyekachi Igwe, Registrar of the Council for…
The Ooni of Ife, Oba Adeyeye Ogunwusi II, has praised Comptroller-General of Customs Adewale Adeniyi, citing President Bola Tinubu’s public commendation of the Customs chief as proof of the confidence placed in his leadership. The monarch described Adeniyi’s leadership of the Nigeria Customs Service and his impact on community development as a source of pride to the ancient Ife Kingdom and the Modakeke community. Oba Ogunwusi spoke on Thursday, 28 May 2026, at the annual Eid-el-Kabir gathering hosted by the Comptroller-General at his residence in Modakeke, Osun State. The event drew traditional rulers, political leaders, senior Customs officers,…
President Bola Tinubu has commissioned new compressed natural gas infrastructure designed to speed up Nigeria’s shift toward cleaner and more affordable energy for transportation. The commissioning exercise in Abuja on Friday unveiled the Rolling Energy High-Capacity Daughter Booster Station in Jahi, together with similar facilities delivered by Ibile Oil and Gas and Portland Energy in Lagos, and Femadec in Owerri. These projects are part of a wider national push to expand gas use and help the Federal Government meet its goal of powering about one million vehicles with alternative fuel. So far, only around 100,000 vehicles in…
Lagos State Governor Babajide Olusola Sanwo-Olu has saluted Lagos residents for their support and encouragement over the past seven years of his administration. In a statement issued on Friday by his Special Adviser on Media and Publicity, Gboyega Akosile, Governor Sanwo-Olu described the achievements recorded by the government as a journey of shared sacrifice, resilience, and collective progress. Seven years ago, we began this journey with a clear vision to build a Greater Lagos that works for all. Today, I salute every Lagosian for the trust, patience, and partnership you have shown. Your support has been the bedrock…
NDIC Reaffirms Commitment to Strong Deposit Insurance Fund to Bolster Financial System Stability
The Nigeria Deposit Insurance Corporation has renewed its pledge to continuously strengthen its Deposit Insurance Funds as part of its effort to promote stability and resilience in the nation’s financial system. NDIC Managing Director/CEO Thompson Oludare Sunday made the note during a courtesy visit to the Director-General of the Budget Office of the Federation, Tanimu Yakubu, in Abuja. Sunday explained that building robust Deposit Insurance Funds is critical to enhancing the Corporation’s ability to respond effectively to potential systemic crises in the banking sector without depending on government intervention. He acknowledged that financial crises may be unavoidable,…
Isoko North Council Boss Congratulates Okpobor on One-Year EDFA, DESOPADEC Extension
The Chairman of Isoko North Local Government Council, Hon. (Elder) Prince Godwin Ogorugba, has congratulated Chief Kome Okpobor on receiving a one-year extension as Executive Director of Finance and Administration at DESOPADEC. In a goodwill message, Ogorugba called the extension a blessing for Isoko Nation and Delta State, saying it would allow more meaningful projects to be delivered across the state. He praised Okpobor for his visionary leadership, results-driven programmes, and political astuteness, which have significantly advanced the Renewed Hope for MORE Agenda of President Bola Ahmed Tinubu and Delta State Governor Sheriff Oborevwori in his capacity as…
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