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Yearly Archives: 2025

Central Naval Command Launches Major Maritime Security Drill

The Nigerian Navy's Central Naval Command has flagged off multi agency maritime security drills aimed at sharpening Nigeria’s response to piracy, crude oil theft,...

NCDMB, BOI Signs  $100m Nigerian Content Intervention Fund MoU

The Nigerian Content Development & Monitoring Board (NCDMB) and the Bank of Industry (BoI) on Tuesday signed a Memorandum of Understanding (MoU) to establish...

Navy Advocates Stronger Capacity for Tackling Maritime Related Legal Challenges 

The Nigerian Navy has launched a renewed push to strengthen its legal capacity amid rising concerns over failed maritime prosecutions, procedural lapses and growing...

Nigeria’s Maritime Sector Must Not Be Held Hostage by Lagos State

The recent outburst from the Lagos State Government against the Nigerian Ports Authority (NPA) over its decision to strengthen operations at the Warri Port...

Blue Economy: Tinubu Lauds Nigeria’s Election into IMO Category C Council 

President Bola Tinubu has hailed Nigeria’s election to the International Maritime Organisation (IMO) Category C Council, describing it as a strong endorsement of the...

CIBN Dinner: Economic Reforms Have Driven Nigeria into New Stability Phase – Cardoso

Mr Olayemi Cardosso, Governor, Central Bank of Nigeria (CBN), says Nigeria has entered “a new phase of macroeconomic stability” after two years of difficult...

Stock Market: Investors Reap N179B as Market Surge Lifts Trading Activity 

The stock market surged on Friday as investors traded 1.826 billion shares valued at N20.03 billion across 20,645 transactions. This contrasted with Thursday’s 324.6 million...

Nigerian Navy Promotes 127 Senior Officers 

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The Nigerian Navy on Thursday approved the promotion of 127 senior officers to new ranks. The Director of Naval Information, Commodore Aiwuyor Adams-Aliu, made this...

AFDP Approves €500m Loan for Nigeria’s Energy Transition Reforms, Economic Governance 

The Board of Directors of the African Development Bank (AfDB) Group has approved a 500 million dollars loan to Nigeria. The loan is to enable...

Building Demolitions: Lagos Govt Advises Trade Fair Complex Management to Utilise Amnesty Program

The Lagos State Government has advised the management of the International Trade Fair Complex, Ojo, to take advantage of its ongoing amnesty programme to...
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