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Finance Minister Wale Edun launched the MOFI Excellence Awards in Nigeria to reward government enterprises that actually follow good governance rules and hit performance targets. The panel judging these agencies includes heavyweights from the Financial Reporting Council, Society for Corporate...

Captain Bunmi Gindeh from the National Association of Aircraft Pilots and Engineers told his newly elected council in Abuja that keeping flights safe is their main job. The group represents pilots and engineers who handle flight safety and tech upgrades across Nigerian aviation, and Gindeh wants...

Black Giant Signature threw their 9th African Giants Awards in Abuja and gave Blake Resort boss Chief Akunedozi the Entertainment Personality of the Year trophy. His assistant Innocent Okoh grabbed the award at Cyprian Ekwensi Center for Arts and Culture while a bunch of politicians and...

Nigeria Deposit Insurance Corporation boss Oludare Sunday told the Nigerian Institution of Estate Surveyors and Valuers that getting asset valuations right matters when liquidating busted banks. The money from selling those assets goes toward paying back depositors who had more than the insured...

Wema Bank dropped the GAH Elite Club Black Card ahead of the 13th GAH Awards and Business Summit happening at Eko Hotels and Suites in Lagos. Princess Oghene is running the show, and she brought in Zamfara Governor Dauda Lawal, Air Peace boss Allen Onyema, and activist Femi Falana for the event...

The Nigerian upstream oil regulator pulled in 8.79 trillion naira for the government between January and October, with October alone hitting 873.1 billion naira. Gbenga Komolafe runs the Nigerian Upstream Petroleum Regulatory Commission, and policy wonks are giving him credit for tighter...

Nigeria just landed a seat on the International Maritime Organisation Council in Category C, and Alhaji Jani Ibrahim from NACCIMA gave props to Marine and Blue Economy Minister Adegboyega Oyetola for pulling it off. Ibrahim said Oyetola pushed reforms and built international connections that got...

Transafam Power Limited dropped a healthcare program for elderly people in Okoloma-Afam, Rivers State, and gave out blood pressure monitors plus vitamins to over 30 seniors. Vincent Ozoude from the company said they want this to happen every year since they power about a fifth of the country's...

MTN Nigeria grabbed four trophies at the Consumers Value Awards after people voted them top choice for green energy adoption, customer service, internet reliability, and corporate social responsibility through the MTN Foundation. Ugonwa Nwoye from the company said the wins prove customers...

Nigeria keeps getting slapped with an export ban from the EU because farmers there keep dumping banned pesticides on their beans, and the country is bleeding somewhere between $362 million and $363 million every year in lost foreign exchange. Muhammad Rili from the Kaduna Agricultural...

President Bola Tinubu told people at an air show in Abuja that passenger numbers will jump to 25.7 million by 2029, and the sector should pull in $2.58 billion annually. The government wants Nigeria to become the aviation center for West and Central Africa, with plans to start making aircraft...

Nigerian labor unions and employer groups are telling the Senate to back off from changing the social insurance fund laws. Joe Ajaero from the Nigeria Labour Congress and Adewale-Smatt Oyerinde from NECA ripped into the proposed amendments at a public hearing in Lagos, saying the changes trash...

British International Investment and First City Monument Bank just dropped a $50 million credit line for small and medium businesses in Nigeria, with most of it going to the historically ignored northern regions. Yemisi Edun from FCMB and Chris Chijiutomi from BII announced the deal, which...

Nigeria's electricity regulator is threatening to hold back operating money from power distribution companies that are dodging meter refunds to customers. Dr. Musiliu Oseni from NERC said they can freeze funds at the wholesale market level if these companies keep ignoring their obligations, and...

The Bank of Industry and the Nigerian Content Development Board just dropped a deal for a $100 million equity fund aimed at local oil and gas companies. Dr. Olasupo Olusi from BoI announced the partnership with Felix Omatsola Ogbe at a conference in Yenagoa, Bayelsa State, saying they want to...

An ExxonMobil affiliate told an oil and gas conference in Yenagoa that Nigeria needs to get its act together if it wants to hit those ambitious production targets. Hazizi Hassan from Esso Exploration and Production Nigeria Deepwater Limited said the country could reach 2 million barrels per day...

Nigeria's diaspora commission is hosting a convention at the JK Randle Centre in Lagos to get young Nigerians living overseas to bring their skills back home. The event will feature a million-naira innovation challenge, and Lagos Deputy Governor Dr. Kadiri Obafemi Hamzat is giving the keynote on...

Professor Franklin Nnaemeka Ngwu from Lagos Business School told a real estate summit in Lagos that Nigeria needs to build self-contained communities to handle its exploding population. He said these places should have jobs, housing, and shops all mixed together, not just random suburbs...

Minister Heineken Lokpobiri toured the Ebenco Global Link Limited refinery site in Koko, Delta State, and got hyped about its modular setup as the cure for pipeline theft and sketchy backyard coal-fire operations. The plant runs at 1,000 barrels per day with Chinese tech partner Wang Jianhui...

PTAD is making pensioners jump through hoops again with their annual life check, and anyone who skips it might get their payments frozen. Olugbenga Ajayi from the department said the whole thing exists to stop fraud and make sure money hits the right people, not ghost beneficiaries gaming the...