The Sea Empowerment & Research Center (SEREC) has warned that Nigeria’s maritime sector risks losing a significant share of cargo to neighbouring countries due to persistent inefficiencies at its ports. In a policy advisory titled “Maritime Reform at a Crossroads: Data Signals, Export Concerns, and the Urgent Need for Execution Discipline,” SEREC reviewed trends from …
Secretary-General of the United Nations, António Guterres has formally received and accredited Jimoh Ibrahim as Nigeria’s permanent representative to the United Nations. Ibrahim presented his letter of credence on Monday, officially beginning his assignment at the multilateral body. The former senator had earlier, on April 1, collected his letter of credence from Nigeria’s ministry of …
The International Labour Organisation (ILO) has raised fresh concerns over the state of global labour markets, warning that millions of workers worldwide continue to live in extreme poverty despite stable economic indicators. Speaking at the ongoing Spring Meetings of the International Monetary Fund and World Bank in Washington, D.C., ILO Director-General Gilbert F. Houngbo said …
The Federal Government has filed a 13-count charge bordering on treason before the Federal High Court in Abuja against individuals accused of plotting to overthrow the administration of Bola Ahmed Tinubu. Those listed in the charge include a retired Major-General, a retired naval captain, a serving police inspector, and three other suspects. The charges follow …
The National Drug Law Enforcement Agency (NDLEA) has secured a major court victory after the Federal High Court in Port Harcourt ordered the interim forfeiture of 17 containers filled with illicit opioids worth over ₦33.6 billion. Officials intercepted the containers at the Port Harcourt Ports Complex, Onne, Rivers State. The seizures took place on multiple …
Business leaders and executives across Nigeria have been urged to adopt intentional strategies for empowering their workforce as the key to unlocking long-term organisational success. The advice was given during the Emages Executive Talk Show 3.0 organised by Emages Multimedia Ltd through its professional network, Executive Platforms, at The Providence Hotel, Lagos. The one-day high-level …
Nigerian Afrobeats star Davido has confirmed plans for a joint music project with American R&B sensation Chris Brown, with the release slated for next year. Speaking on a recent episode of the Swift Conversations podcast, Davido revealed that his current sound is deeply rooted in African influences, as he returns to work with his original …
Nigeria’s top business leaders are set for an unprecedented surge in dividend income as stronger corporate earnings and higher payout ratios lift returns to shareholders, with Aliko Dangote and Abdul Samad Rabiu dominating the rankings by a wide margin. A review of audited financial statements across major listed companies shows that Dangote and Rabiu alone …
The Federal Competition and Consumer Protection Commission (FCCPC) has commended a judgment of the Federal High Court, Abuja, that affirmed the Commission’s authority to investigate consumer complaints. In a ruling delivered on Monday, April 20, Justice James Omotosho, dismissed a suit filed by Air Peace Limited challenging the FCCPC’s authority to investigate consumer complaints and …
The company said shareholders approved the plan to raise capital through the issuance of ordinary shares at its 20th Annual General Meeting held in Lagos, according to a statement on Monday signed by the company secretary, Temitope Hassan. Subject to regulatory approval, the move is aimed at strengthening the company’s capital base and positioning …
