Caverton

Company grows gross profit by 16 per cent to 10.9b

Marine, aviation, and logistics services provider to oil and gas companies, Caverton Offshore Support Group Plc, has announced its unaudited results for third quarter ended September 30, showing operational improvement and strong recovery  despite a difficult business environment. The figures showed gross profit rose by 16 per cent to N10.9 billion compared to N9.4 billion […]

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Cashew

Kogi targets 150,000 metric tonnes of cashew in 2027

Kogi State has announced plans to achieve 150,000 metric tonnes of cashew production by 2027, as part of Governor Usman Ododo’s agricultural transformation agenda through Kogi State Commodity Exchange Export Promotion and Marketing Development Agency (KOCEPA). Speaking in Abuja, Chief Consultant of KOCEPA, Dr. Jude Osilama, said the initiative would revolutionise cashew production and improve

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Nigeria, Indonesia to grow US$4.7bn bilateral trade

The city of Jakarta once again played host to a landmark event in economic diplomacy as the Nigerian–Indonesian Chamber of Commerce and Industry (NICCI) convened the fourth edition of the Nigerian–Indonesian Investment and Trade Forum (NIITF 2025). Delivering his Presidential Address, Mr. Ishmael Balogun, President of NICCI,  expressed gratitude and a clear vision for the

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How Africa can unlock 125bn barrels crude reserves

The Nigerian Content Development and Monitoriong Board (NCDMB) has said that African countries would not derive optimal value from their hydrocarbon resources occasioned by the continent’s rich endowments of over 125 billion barrels of proven crude oil reserves, contributing over 10 per cent of world’s crude oil supply, and over 620 trillion cubic feet of

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Insurance firm partners ART X to promote Art

emPLE, one of Africa’s leading insurance and financial services brands, has partnered with ART X Lagos 2025 as a Bronze Sponsor and Presenting Partner of a Special Project centred on sustainability. The collaboration marks emPLE’s second year of participation at West Africa’s leading international art fair. The company said the partnership reflects the company’s commitment

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Project managers to enforce licensing, jail term awaits defaulters

The Chartered Institute of Project Managers of Nigeria (CIPMN), says it has concluded plans to commence strict enforcement of its licensing law, warning that individuals and organizations practicing project management without CIPMN authorization face prosecution and possible two-year jail terms as stipulated by law. Registrar-General of CIPMN, Mr. Henry Mbadiwe, stated this during a press

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Bankit boosts security with new verification system

Bankit, a leading Nigerian digital bank and fintech platform driving financial inclusion has unveiled an advanced device-verification system that strengthens account protection by requiring users to verify any new or unrecognized device before logging in. This new security feature underscores Bankit’s commitment to providing Nigerians with the most trusted, secure, and transparent digital banking experience,

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Anambra Poll: Over 2.7 million voters collect PVCs

By Musa Luka Musa A total of 2,769,137 out of 2,802,790 registered voters in Anambra State have collected their Permanent Voter Cards (PVCs) ahead of the 2025 governorship election, representing 98.8 per cent of all registered voters across the 21 local government areas of the state. According to data released by INEC, on Friday, only

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Female officers in Nigeria Police Force ‘rise to 12%’

The police high command says the percentage of women building careers in the Nigerian police force has been pushed to 12% contrary to the experience in the past when fewer number of women were employed only to serve tea. It also revealed not less than six women were currently on the covetous rank of Assistant

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