Port Agencies, Stakeholders Collaborate to Reduce N2.5trn Losses   The Nigerian Shippers’ Council (NSC) and the Nigerian Ports Authority (NPA) have called for stronger public-private collaboration to tackle chronic inefficiencies at the nation’s ports. This is as Nigeria seeks to unlock the estimated $3.4tn market potential under...

30 States Rush to Mitigate Flood Crisis After FG Alert   Ahead of the rainy season, states have commenced measures to arrest the flooding expected to inundate no fewer than 1,249 communities in 176 local governments across 30 states and the Federal Capital Territory, Abuja. The measures...

Vessel Traffic Increases at Lagos Port Despite Forex Challenges   Despite the fluctuating exchange rate and other operational challenges, vessel activities have recorded a significant surge at Lagos port in the past week. The Nigerian Ports Authority(NPA)'s Daily Shipping Position between March and date showed that since...

NNPC Announces 72% Completion of AKK Pipeline Project   The Nigerian National Petroleum Company Limited (NNPC) has disclosed that the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project is now 72 percent completed. Group Chief Executive Officer of NNPC Ltd, Mr. Bayo Ojulari, disclosed this yesterday at the 2025 edition...

NERC Fines Eight DisCos N628m for Breaching Agreement The Nigerian Electricity Regulatory Commission has sanctioned eight DisCos for failing to comply with monthly energy caps for unmetered customers between July and September 2024. The affected DisCos include Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola. The...

Dangote Refinery Slashes Petrol Price to N865 The Dangote Petroleum Refinery has reduced the ex-depot (ex-gantry) price of its premium motor spirit (PMS) from ₦880 to ₦865 per litre. The new price is a reduction of N15 from N880 per litre sold by the facility on...