NAICOM Rules Out Deadline Extension For Insurance Recapitalisation
NAICOM has declared that the July 30, 2026 deadline for the recapitalisation of insurance companies remains unchanged with no extension.
NAICOM has declared that the July 30, 2026 deadline for the recapitalisation of insurance companies remains unchanged with no extension.
NESREA has ordered the closure of Sunseed Oil’s Zaria plant after investigations linked its operations to severe air pollution.
Transgrid Enerco Limited has completed its acquisition of a 60% stake in Eko Disco in a N360 billion deal
Nigeria’s solid minerals sector remitted N63.92 billion into the Federation Account over the January to November 2025 period.
Senator Abdulaziz Yari takes over as Geregu Power board chairman following Femi Otedola’s exit and transfer of controlling interest to MA’AM Energy.
NNPC invites bids for asset divestment as it pursues $2bn funding to upgrade pipelines and restore energy infrastructure.
Air Peace says passengers chose Barbados rerouting after visa issues, denying claims it abandoned or misled travellers.
FAAC data shows VAT, electronic transfers, and stamp duties drive 45 percent of November revenues amid collection shortfalls.
NNPC chief Bayo Ojulari says downstream competition may cause short-term pressure but will stabilise fuel supply and lower costs over time.
Air Peace chairman Allen Onyema warns new tax laws would drive massive fare hikes and force airlines out of business.
Short-term borrowing rises as the CBN mobilises N15.3 trillion from treasury bills amid lower yields and fiscal pressures.
Energy Expert Kelvin Emmanuel
says NNPC lacks economies of scale and will operate at a loss sustaining petrol price cuts.
Nigeria”s federal government has signed an MoU with Czech firm RSE Energy to provide low-cost power to special economic zones
The Ministry of Petroleum Resources has launched a digital system to automate workflows, cut delays and improve transparency.
Air Peace will transition all regional flights to daytime operations from February 2, 2026, enhancing connectivity and passenger convenience
NMDPRA data shows imports and Dangote output outpaced demand, lifting stock cover to over 16 days nationwide.
Dangote Refinery urges Nigerians to report MRS stations overcharging petrol, promoting transparency, affordability, and consumer protection nationwide.
Innocent Ohagwa says anti-avoidance provisions are fundamental, and revenue agencies must enforce tax laws even when companies resist.
Prof Akpan Ekpo says Nigeria’s 2026 budget risks failure as weak implementation, oil dependence and poor power supply persist.
The African Refiners and Distributors Association says Africa’s crude oil consumption will rise from 1.8 million barrels daily in 2024 to 4.5 million by 2050.
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