Author: bibncollar

President Bola Tinubu has assented to the Nigerian Ports Economic Regulatory Agency (NPERA) Bill, 2026, establishing a dedicated statutory economic regulator for the country’s port sector. The development was announced by Dr Pius Akutah, Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC), in a Facebook post. “Nigerian Port Economic Regulatory Agency Act, 2026. Thank you Mr. President for making it a reality,” he wrote. The legislation ends years of interim arrangements. In 2014 the Federal Government designated the Nigerian Shippers’ Council as the temporary economic regulator for the ports after their concession. Without a dedicated Act,…

India and Nigeria are strengthening their strategic partnership across trade, investment, defence, energy, healthcare, agriculture and technology, with bilateral trade reaching about $9 billion in the 2025–26 financial year, Indian High Commissioner to Nigeria Abhishek Singh has said. Speaking at a media briefing in Abuja, Singh said the figure marks a significant rise from the $7.13 billion recorded in 2024–25. He described the growing economic ties as evidence of the expanding relationship between Africa’s largest economy and one of the world’s major emerging powers. Relations between the two countries have moved beyond historical goodwill and oil trade into a broader…

A first-year student of Ignatius Ajuru University of Education (IAUE), Rivers State, is battling for his life after sustaining a gunshot wound at the Faculty of Education on Wednesday. The student’s identity has not been made public. He was rushed to a hospital, where colleagues were told to raise N300,000 before surgery could begin. His girlfriend, who accompanied him, confirmed he was receiving treatment and required urgent surgery. Course mates have launched an emergency fundraising drive to meet the hospital’s demand. The incident has heightened anxiety on campus and revived concerns about security, particularly in light of past violent clashes…

The Ghana Bar Association has called on Chief Justice Paul Baffoe-Bonnie to ensure strict compliance with legal vacation rules, following reports of attempts to continue hearing part-heard criminal cases during the annual court break. In a letter dated August 10, 2026, and signed by National President Efua Ghartey, the Association said it had received petitions from the law firms of Zoe, Akyea & Co, Dame & Partners, and Sam Okudzeto & Associates. The firms protested notices served on them after warrants were issued to certain judges to proceed with part-heard criminal matters during the vacation period. The concerns emerged shortly…

Access Holdings has emerged as the largest employer of Chartered Financial Analyst (CFA) candidates in Nigeria, according to data from CFA Society Nigeria. The ranking, published in the Society’s Where Nigeria’s Finance Professionals Work series, shows Access with 82 employees enrolled as CFA candidates as of June 2026, more than double the 38 recorded by the next institution. Access also ranks second nationally among employers of CFA charterholders, with 11 professionals who have completed all three levels of the CFA Programme and met the required experience and ethics standards. The figures, drawn from CFA Society Nigeria’s Salesforce Membership Database, highlight…

Lionel Messi stepped back onto the pitch for Inter Miami on Wednesday night, less than a week after the death of his father, only to watch his side’s Leagues Cup campaign end in heartbreak. Jorge Messi, 68, passed away Saturday in a Rosario hospital. The Argentine superstar had flown home for a private memorial and missed Miami’s earlier loss to Monterrey. On Wednesday he was named among the substitutes at Nu Stadium and entered at halftime, replacing Dániel Pintér, who had given the hosts an early lead. Club León refused to fold. Daniel Arcila leveled in the 50th minute. Yannick…

The Chartered Institute of Bankers of Nigeria (CIBN) has called on commercial banks to shift greater attention and capital towards Micro, Small and Medium Enterprises (MSMEs), noting that falling interest rates and reduced yields on government securities have made the old model of heavy reliance on treasury instruments and blue-chip borrowers increasingly unsustainable. President and Chairman of Council of the Institute, Dele Alabi, made the call on Tuesday during a media briefing ahead of the 19th Annual Banking and Finance Conference. He observed that the recent recapitalisation exercise has given Nigerian banks a stronger capital base, but insisted that the…

Air Peace has urged the Federal Government and aviation security authorities to investigate the violence and disruption that accompanied an industrial action at Nigerian airports on Monday, August 11, saying the incident left the airline with more than ₦2 billion in losses and thousands of passengers stranded. Chief Operating Officer Oluwatoyin Olajide made the call on Tuesday during a media briefing in Lagos. She said aviation unions had cited two main grievances for the picketing: airlines’ alleged indebtedness on the 5 per cent Ticket Sales Charge (TSC) owed to the Nigeria Civil Aviation Authority (NCAA), and the failure of carriers…

The Economic Community of West African States (ECOWAS) is intensifying efforts to create a regional carbon market platform aimed at bridging a $294 billion climate-finance shortfall and unlocking the region’s potential in global carbon markets. The initiative took centre stage at a three-day workshop in Abuja this week, where officials from ECOWAS member states, regional and international organisations, technical partners and climate experts gathered to validate the proposed framework. Speaking on behalf of the ECOWAS Commission, Director for Environment and Natural Resources Christophe Deguenon highlighted the urgency of the move. West Africa faces rising temperatures projected at 1.5°C to 3°C…

The House of Representatives ad hoc committee probing the controversial Presidential Foreign Investment Promotion Council (PFIPC) failed to sit on Wednesday, August 12, as previously scheduled, leaving the next steps of the investigation unclear. The 12-member panel, chaired by Rep. Yusuf Gagdi, had adjourned its last public hearing to August 12 for further appearances by government agencies and stakeholders. No sitting took place, and neither the committee nor Gagdi issued an explanation or announced a new date by the time of this report. The development comes as the inquiry approaches what lawmakers had described as a possible concluding phase before…