Business

By Paul Williams  The intervention by the Federal Ministry of Labour and Employment failed to stop the strike action embarked on by workers of Cameron/Onesubsea Offshore Systems Limited, pushing it into the third day. The strike action further raises concerns over potential disruptions to Nigeria’s offshore oil and gas supply …

  By: Jacinta Hycenth, Abuja   The National Pension Commission (PenCom) has issued a new directive designed to standardize the methodology for calculating and reporting investment performance across pension portfolios. This was contained in a circular signed by A.M. Saleem, Head of the Surveillance Department, and issued to all Licensed …

  By Jacinta Hycenth, Abuja   Despite past losses, PZ Cussons Nigeria PLC has reported a strong financial turnaround for the year ended May 31, 2025, with total revenue of N212.6 billion, a 40 percent increase from N152.2 billion in 2024. The company disclosed this in its newly released Q4 …

  By Jacinta Hycenth, Abuja   The National Environmental Standards and Regulations Enforcement Agency (NESREA) and its partners have planned to evacuate hazardous Used Lead-Acid (ULAB) slag from Ogijo community in Ogun State. The exercise is sequel to the outcome of a Stakeholder Engagement Meeting on the strategy for managing …

  By Jacinta Hycenth, Abuja   Bayelsa State and Jampur Group, a Dubai-based company in the United Arab Emirates, have signed a Memorandum of Understanding (MoU) to set up solar power and smart electricity metering production plants in the state. A statement issued by the Chief Press Secretary to the …

  By Bon Peters, Port Harcourt   Comptroller Salamatu Atuluku has assumed leadership of the Nigeria Customs Service Area 1, Port Harcourt, replacing Comptroller YM Hashim, who has been redeployed to Import and Export unit of the Nigeria Customs Service Headquarters in Abuja. In an emotion laden handover and taking …

  Chairman of the Association of Nigeria Licensed Customs Agents (ANLCA), Onne Seaport chapter, Chief Ifeanyi Isikaku, has unveiled 2 Mini-buses to cushion the effect of the high cost of transportation on members. The buses, which were unveiled on September 2, 2025 at the ANLCA Secretariat in Onne, Rivers State, …

  By Paul Williams The Port Harcourt Chamber of Commerce, Industry, Mines & Agriculture (PHCCIMA) and the StartupSouth Community (#StartupSouth) have agreed on a collaboration to deepen the Innovation Ecosystem in Rivers State. This was the outcome of a 2-day visit the #StartupSouth community paid to the president of PHCCIMA, …

  Seven Nigerian graduates, who are beneficiaries of the NLNG 35th/25th Anniversary Scholarship, are set to begin postgraduate studies in tertiary institutions across the United Kingdom. The recipients, who were “selected through a rigorous process,” will commence their studies in the 2025/2026 academic session and become part of NLNG’s “distinguished …

  By Uwem Offon, Uyo   Governor Umo Eno of Akwa Ibom State has announced plans to assist Comfort Emmanson, the Ibom Air passenger whose altercation with crew members in early August sparked controversy in the aviation sector. Emmanson, who was initially charged to court and remanded, was later pardoned …