Oyetola Courts Global Investors as Blue Economy Records 18.6% Export Boost
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has urged stronger partnerships and sustainable financing to fast-track Nigeria’s blue economy ambitions, disclosing that recent marine infrastructure interventions boosted non-oil exports by 18.6 percent in the first half of 2025. Speaking at the 2nd Citizens and Stakeholders Forum in LagosContinue Reading
Finance, Insurance GDP Growth Rises 16.13% in Q2 2025
BY GODWIN OBI The finance and insurance sector of Nigeria’s economy recorded an impressive growth of 16.13 per cent in the second quarter of 2025, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS). The Q2 2025 data showed that the sector’sContinue Reading
Peter Obi Decries Killing Of Security Operatives
BY GODWIN OBI The presidential candidate of the Labour Party in the 2023 general elections, Peter Obi, has strongly condemned the rising spate of attacks and killings of security personnel across Nigeria, describing the development as both “tragic and unacceptable.” In a heartfelt message shared via his official X handleContinue Reading
CBN Reduces Interest Rate By 50 Basis Points To 27%
BY GODWIN OBI The Central Bank of Nigeria (CBN) has announced a downward adjustment of the Monetary Policy Rate (MPR), cutting it by 50 basis points from 27.5 per cent in July to 27 per cent. The decision was reached at the conclusion of the 302nd meeting of the MonetaryContinue Reading
Nigeria Joins Global Community to Mark 2025 World Maritime Day
Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez BY GODWIN OBI Nigeria will on Thursday, September 25, 2025, join the international maritime community to commemorate the 2025 World Maritime Day in Lagos. The event, hosted by the Federal Ministry of Marine and Blue Economy, will be held under theContinue Reading
Restructure, Buy Port Harcourt Refinery, Otedola Advises DAPPMAN Amid Rift With Dangote
BY GODWIN OBI Billionaire businessman, Femi Otedola, has weighed in on the ongoing dispute between the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Dangote Refinery, urging depot owners to adapt to industry realities instead of resisting change. In a statement on Monday, Otedola advised DAPPMAN membersContinue Reading
Restructure, Buy Port Harcourt Refinery, Otedola Advises DAPPMAN Amid Rift With Dangote
BY GODWIN OBI Billionaire businessman, Femi Otedola, has weighed in on the ongoing dispute between the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Dangote Refinery, urging depot owners to adapt to industry realities instead of resisting change. In a statement on Monday, Otedola advised DAPPMAN membersContinue Reading
Flood Disaster: States Intensify Action as 232 Die, 121,000 Displaced
BY JAMES AKINOLA Several states, including Kaduna, Nasarawa, Bauchi and Jigawa, have stepped up campaigns to avert worsening flood crises, Frontline Reporters has gathered. According to figures obtained by Frontline Reporters from the National Emergency Management Agency (NEMA) on Monday, no fewer than 232 persons have lost their lives, whileContinue Reading
Fubara Should Seek Legal Redress Over Lost Six Months – Kenneth Okonkwo
Legal practitioner and chieftain of the African Democratic Congress (ADC), Kenneth Okonkwo, has argued that Rivers State Governor, Siminalayi Fubara, is constitutionally entitled to reclaim the six months he lost while out of office during the state of emergency declared earlier this year. Okonkwo warned that if Governor Fubara vacatesContinue Reading
Nigeria’s GDP Expands by 4.23% in Q2 2025 – NBS
Nigeria’s economy recorded a stronger performance in the second quarter of 2025, with the Gross Domestic Product (GDP) growing by 4.23 per cent year-on-year, according to the latest data from the National Bureau of Statistics (NBS). The figure surpasses the 3.48 per cent growth posted in the same quarter ofContinue Reading