Author: Newsafricanmul

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…

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…

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…

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…

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…

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…

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…

The Customs Area Controller Seme Area Command, Comptroller Wale Adenuga, has announced that the Command generated N3,480,970,924.67 in revenue for the month of February 2026, with the month still ongoing. Comptroller Adenuga made this disclosure during an interactive session at a stakeholders’ engagement meeting with cross-border traders ,farmers and stakeholders organised by the Nigerian Shippers’ Council in collaboration with the ECOWAS Commission, ECOWAS Agricultural Trade Programme and GIZ International where he represented the Comptroller General of Customs Bashir Adewale Adeniyi MFR, PhD. The event, held in Badagry on Wednesday, 25 February 2026, was themed “Empowering Cross-Border Traders through Trade Information…

The Nigerian Maritime Administration and Safety Agency NIMASA has pledged its commitment to provide the regulatory leadership, technical coordination, and stakeholder engagement required to successfully develop and implement a robust National Action Plan on maritime decarbonization in Nigeria. The Director General Dr. Dayo Mobereola who made this known during the National Stakeholders’ workshop on the development of a National Maritime Decarbonization Action Plan further described the workshop as a critical step in actualizing the Federal Government’s blue economy and climate objectives. Represented by the Executive Director, Operations, Engr. Fatai Taiye Adeyemi, the NIMASA DG underscored the significance of the IMO…

The Crime Reporters Association of Nigeria (CRAN) extends its heartfelt congratulations to AIG Tunji Olatunji Disu on his appointment as Inspector-General of Police by President Bola Ahmed Tinubu. The Association commends the President for this strategic and well-considered appointment, which is firmly anchored on merit, competence, and proven performance. This decision reflects confidence in IGP Disu’s professionalism, integrity, and capacity to lead, and aligns with the urgent imperative to strengthen policing and internal security across the nation. IGP Disu’s distinguished career exemplifies discipline, operational excellence, and an unwavering commitment to service. As Commander of the Rapid Response Squad (RRS) in…