Business

The Nigeria Deposit Insurance Corporation (NDIC) has been awarded the 2026 Pillar of  Integrity in Public Service Award for demonstrating exemplary commitment to ethics, transparency and accountability in public service by Verbatim Magazine. The award was presented to the Managing Director/Chief Executive Officer of the Corporation, Mr. Thompson Oludare Sunday, who was represented by the Head of Communication and Public…

Coleman Technical Industries Limited, on Monday accused Standard Organisation of Nigeria (SON) of needing to strengthen its enforcement efforts to protect genuine manufacturers and consumers from substandard products. The company’s Managing Director and Chief Executive Officer, George Onafowokan, made the call while responding to questions from journalists after a media tour of Coleman’s factories in Sagamu, Ogun State. The Coleman…

Etihad Airways, the national airline of the United Arab Emirates, and Nigerian carrier Ibom Air have signed an interline agreement to connect travellers from Etihad’s network to five Nigerian cities on a single ticket. This was disclosed in a recent joint statement by both parties, which said the agreement would allow passengers arriving in Lagos or Accra on Etihad Airways…

The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has inaugurated a Joint Management-Union Committee to address issues affecting staff welfare, training, productivity and workplace conditions. Inuwa said the committee was established to ensure staff concerns were addressed through structured consultation rather than on an ad hoc basis. Speaking at the closing ceremony of NITDA’s Human Resources…

By Olatonmiwa Osho The Edo State Government has urged investors and entrepreneurs to explore business opportunities in the state, citing its abundant natural resources, agricultural potential and access to wider Nigerian markets. Commissioner for Business, Trade and Investment, Hon. Omoh Anabor, made the call at the opening of the 21st Abuja International Trade Fair 2026, organised by the Abuja Chamber…

The Nigeria Deposit Insurance Corporation (NDIC) has urged Nigerians to keep their money in licensed and regulated financial institutions, warning against unlicensed fund managers and investment schemes offering unrealistic returns. The chief executive of the NDIC, Mr Thompson Oludare Sunday, gave the advice in his keynote address at the corporation’s special day during the 21st Abuja International Trade Fair, organised…

Ogun State and the Nigerian National Petroleum Company Limited (NNPC) have opened discussions on the revival of the long-delayed Olokola Liquefied Natural Gas (OKLNG) project in Ogun Waterside, adding a major energy component to the emerging $7 billion maritime and industrial development taking shape along the state’s coastline. Receiving officials of NNPC in Abeokuta on Wednesday, Governor Dapo Abiodun said…

By Olatonmiwa Osho The Lagos State Government has commenced a three-day digital marketing training for 600 market traders, small business owners, young adults and artisans to help them expand their businesses beyond local markets. The programme, organised by the Ministry of Women Affairs and Poverty Alleviation, is being held at the Women Development Centre, Agege, under the theme, “From Local…

Seplat Energy Plc has called for increased investment across Nigeria’s gas value chain to unlock the country’s vast natural gas resources, strengthen energy security, drive industrialisation, and position Nigeria as Africa’s leading gas powerhouse. Speaking at the Gas Investment Forum (GIF) 2026 in Lagos, Seplat Energy’s Chief Executive Officer, Engr. Effiong Okon, represented by Mr. Okechukwu Mba, Director of Gas…

Saturday Editor of ThisDay Newspaper, Dr Obinna Chima has expressed that  Nigeria needs a future-ready financial media to build a resilient financial system. Chima said this at the 38th Seminar for Finance Correspondents and Business Editors on Wednesday in Abuja. He spoke on the theme, “The Role of the Media in Building a Future-ready Financial System”. Chima said that Nigeria’s…