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Economic Activity Expands for Fourth Month as PMI Hits 53 Points

Festus Akanbi Nigeria’s economic activity expanded for the fourth consecutive month in September, with the composite Purchasing Managers’ Index (PMI) rising to 53.0 points, as stronger industrial performance supported continued

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  Lagos Bars New Diesel Buses from Regulated Fleet, Mandates CNG, Electric Vehicles

Sunday Ehigiator The Lagos State Government has stopped admitting new diesel-powered buses into its regulated public transport system, directing operators to deploy compressed natural gas (CNG) or electric vehicles as

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Petrol Subsidy Financially Unsustainable for Nigeria, Lokpobiri Tells Obi, Atiku

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has criticised presidential candidates who support petrol subsidy, calling the policy financially unsustainable for Nigeria.Lokpobiri spoke at the weekend during

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North-east Govs Ask FG to Revive Oil Exploration in Borno as Kolmani Project Resumes

• Raise ₦10.8 billion to form regional airline Michael Olugbode in Abuja  The North-East Governors’ Forum (NEGF) has called on the federal government to revive stalled oil exploration activities in

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For Tunde Rahman, Honours Keep Coming

There are honours that come with the office, honours that come with age, and then there are those that follow a man simply because of the footprints he has left

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Jani Ibrahim’s Rise to West Africa’s Business Frontline

Jani Ibrahim’s career has followed an unusual arc: engineer first, industrialist second, institution builder last, each stage quietly funding the next. In September, that arc reached West Africa, when he

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Fire Erupts Near Aramco Facility as Saudi-Houthi Conflict Escalates

Emmanuel Addeh in Abuja  A fire and heavy smoke erupted near a facility belonging to Saudi Arabia’s state-owned oil giant, Saudi Aramco, in Riyadh yesterday, as renewed fighting between Saudi-backed forces

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Pantami’s Second Coming: Former Minister Secures PDP Ticket Again in Gombe

In 2014, Isa Pantami led congregational prayers calling curses down on the PDP and the Goodluck Jonathan government he led. This week, that same party handed him its ticket for

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Appeal Court Upholds Nullification of CAMA on CAC Powers over Religious Groups, Others

Alex Enumah in Abuja The Abuja Division of the Court of Appeal has upheld a Federal High Court judgment nullifying several provisions of the Companies and Allied Matters Act (CAMA),

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2027: Labour Party Youth Leaders Move to Back Tinubu’s Reelection

Chuks Okocha in Abuja   The Youth Wing of the faction of the Labour Party loyal to Mr Julius Abure has proposed an alignment with the All Progressives Congress (APC) and