Cosmas Maduka Condemns Flaunting of Wealth, Calls ‘Money Na Water’ Culture a “Dead Value System”

Billionaire businessman and founder of Coscharis Group, Dr. Cosmas Maduka, has strongly criticised the growing trend of flaunting wealth and reckless spending at social gatherings, denouncing the popular slang “money na water” often used to justify such behaviour. In a viral video, Maduka expressed deep concern over what he described as a “dead value system” […]

Continue Reading

42% of Nigerian Small Businesses Can’t Survive a Month Without Income — Moniepoint Report

Moniepoint Microfinance Bank has disclosed that 42 per cent of Nigeria’s small businesses would be unable to stay afloat for a month without income. This was revealed in the second edition of its Informal Economy Report, which sheds light on the precarious financial state of enterprises that employ a large proportion of Nigerians. In a […]

Continue Reading

PENGASSAN Strike Shuts Down Key Oil and Gas Agencies, Threatens Fuel Supply

The nationwide strike declared by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Monday crippled operations at major oil and gas regulatory institutions, including the Nigerian National Petroleum Company Limited (NNPCL), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The industrial action, […]

Continue Reading

NPA Targets Globally Competitive Port System, Digital Transformation by 2026

The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has announced that the Authority is working to establish a globally competitive port system designed to enhance trade facilitation, attract Foreign Direct Investment (FDI), and boost investor confidence in Nigeria’s economy. Speaking at the ongoing United Nations General Assembly (UNGA) while presenting a […]

Continue Reading

Marketers Urge Dangote Refinery to Embrace Inclusive Distribution Model

Oil marketers have called on Dangote Refinery to adopt an inclusive supply strategy following the rollout of its CNG-powered delivery trucks, warning that the new fleet alone cannot guarantee nationwide product distribution. Speaking on Channels Television’s The Morning Brief, the National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, […]

Continue Reading

Otedola to DAPPMAN: Innovate or Perish as Dangote Refinery Reshapes Nigeria’s Oil Sector

Nigeria’s billionaire businessman, Femi Otedola, has weighed in on the ongoing fuel supply dispute between the Dangote Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), urging the association to “innovate or perish.” Otedola, in a statement on the state of the downstream oil and gas sector, said he had followed recent […]

Continue Reading

Editors to Convene in Abuja for 2025 ANEC on Democracy, Cohesion, and Media Integrity

The Nigerian Guild of Editors (NGE) has announced that its 2025 All Nigeria Editors Conference (ANEC) will be held from November 3–6, 2025, in Abuja, with the theme “Democratic Governance and National Cohesion: The Role of Editors.” In a joint statement on Sunday, NGE President Eze Anaba and General Secretary Onuoha Ukeh said the conference […]

Continue Reading