Author: Newsafricanmul

By Citizen Bolaji O. Akinyemi One of the tragedies of Nigerian politics is that serious national conversations are too often hijacked by anonymous propagandists who mistake insult for argument and mud-throwing for civic engagement. Recently, I received a lengthy diatribe circulating under the mysterious signature of “Oracle.” It was sent to me by someone who had read my reflections on the leadership example emerging from Abia State under Governor Alex Otti.The sender perhaps expected me to applaud the language of political gutter warfare. Instead, it provoked a deeper concern about the quality of our political discourse. Let me be clear…

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Seplat Energy Plc, the Nigerian oil and gas company that acquired ExxonMobil’s onshore and shallow-water assets in a landmark $1.28 billion deal, has successfully restored 49 idle wells to production as part of an aggressive turnaround strategy, and is already planning to bring 50 more back online this year. The Lagos- and London-listed producer disclosed the achievement in its latest audited financial statement, describing the idle well restoration programme as “the cornerstone of growth delivered offshore in 2025.” The campaign delivered an additional 48,600 barrels of oil per day in gross production capacity at a gross cost of approximately $60…

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: L-R: Minister of Marine Blue Economy, Adegboyega Oyetola; Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho when the NPA boss visited the office of the Minister in Abuja…recently Nigeria’s maritime sector recorded a historic surge in activity in 2025, driven by increased cargo throughput, rising container traffic, and a growing export footprint — a development that underscores the Federal Government’s commitment to economic diversification, according to the 2025 Operational Performance Report released by the Nigerian Ports Authority (NPA). The report revealed that total cargo throughput surged by 24.8 percent rising from approximately 103.6 million metric tons…

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By Tricia Ikem Nearly two years after the collapse of Heritage Bank, thousands of depositors say they are still living with the financial and emotional aftershocks of a liquidation they insist was never meant to end this way. What began as regulatory reassurances has, in their view, spiralled into prolonged uncertainty, partial payments, and mounting hardship, thus prompting a fresh and urgent appeal to President Bola Tinubu and the Governor of the Central Bank of Nigeria, Olayemi Cardoso, to intervene decisively. In a strongly-worded statement issued in Lagos, the depositors framed their demand not simply as a financial request but…

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At a time when Nigeria is urgently seeking sustainable pathways to economic stability, poverty reduction, and mass job creation, it has become increasingly clear that the nation must rethink its development priorities. While agriculture, oil and gas, technology, and manufacturing all hold value, none offers the scale of untapped opportunity that lies within Nigeria’s blue economy and maritime sector. It is time for the Federal Government to invest more aggressively in the blue economy than any other sector; not as an experiment, but as a strategic national imperative. A Sector with Vast Untapped PotentialNigeria is geographically positioned as a maritime…

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The Nigerian Maritime Administration and Safety Agency, NIMASA has renewed its strategic capacity development partnership with the World Maritime University (WMU), Malmö, Sweden, through the signing of a four-year Memorandum of Understanding (MoU) aimed at strengthening Nigeria’s maritime human capital and institutional capacity. Speaking at the MoU signing ceremony, the Director General of NIMASA, Dr. Dayo Mobereola described the partnership as a critical pillar in NIMASA’s human capital development framework and a strategic investment in Nigeria’s maritime future. “This collaboration has significantly strengthened our technical and regulatory capabilities over the years. Officers trained at WMU have enhanced our effectiveness in…

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BOCA Energy Services Limited, a premier indigenous energy solutions provider and trusted partner to leading oil and gas companies worldwide, has reaffirmed its position as an industry leader not only in technical excellence but also in corporate social responsibility (CSR) and strategic event sponsorship. With a mission to deliver high-quality, innovative solutions for global infrastructure while ensuring integrity, safety, and sustainability remain at the forefront of all operations, BOCA continues to distinguish itself as a corporate citizen par excellence. Since its inception, BOCA has grown into a formidable force within Nigeria’s energy landscape, delivering top-tier engineering, procurement, construction, and specialized…

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When Professor Julius Oyedemi stepped into office as Group Managing Director of PWAN Group, he did so with a clear understanding: leadership is never tested in easy times. Taking the helm at a period marked by operational and allocation challenges, Oyedemi did not shy away from the realities before him. Instead, he confronted them head-on. “Leadership must not be measured by the absence of challenges,” he said, “but by the courage to confront them. PWAN Group will not be defined by temporary setbacks, but by how we respond to them.” From his first days in office, the new GMD moved…

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By Tricia Ikem The Lilypond Export Command of the Nigeria Customs Service has recorded a significant boost in export performance, posting a 9.56 per cent increase in export value in the fourth quarter of 2025. Export figures released by the Command showed that total export value rose to $858,109,319.57 in Q4 2025, compared with $783,221,101.38 recorded in the corresponding period of 2024, reflecting sustained momentum in Nigeria’s non-oil export drive. Speaking on the development, the Customs Area Controller of the Lilypond Export Command, Samuel Olusanya Ariyibi, attributed the impressive performance to stronger participation in agricultural exports and increased shipment of…

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In furtherance of its commitment to strengthening inter-agency collaboration for enhanced national security and effective service delivery, the Oyo/Osun Area Command of the Nigeria Customs Service engaged with the 2 Division of the Nigerian Army and the Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Directorate. On Wednesday, 25 February 2026, the Garrison Commander of the 2 Division of the Nigerian Army, Ibadan, Brigadier General Abubakar Saddiq Bugaje, paid a courtesy visit to the Operational Headquarters of the Oyo/Osun Area Command. While stating the purpose of his visit, the Garrison Commander expressed his profound appreciation for the warm reception accorded…

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