The African Export-Import Bank (Afreximbank) said Tuesday it has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals FZE. Afreximbank and Access Bank were appointed co-mandated lead arrangers for the five-year facility to consolidate existing financing, optimise its capital structure, and align with the refinery’s operational status…
The Nigerian Safety Investigation Bureau (NSIB), has moved to strengthen its role in regional aviation safety through a new agreement with Sierra Leone Aircraft Accident and Incident Investigation Bureau (SL-AAIB), aimed at building a more coordinated and effective investigation framework across borders. The agreement was signed at the NSIB headquarters in Abuja and witnessed by…
The Federal Road Safety Corps (FRSC) has recognised and rewarded outstanding officers as part of ongoing efforts to reinforce integrity, transparency, and professionalism within the Corps. At a ceremony held in Abuja, the Corps Marshal, Shehu Mohammed, presented commendation letters and cash rewards to selected personnel drawn from commands across the country. The awardees were…
John Enoh, Minister of State for IndustryThe Nigerian Government has launched a vehicle compliance framework aimed at tightening import controls and improving road safety as part of efforts to eliminate substandard vehicles from the country’s automotive market. The Minister of State for Industry, John Enoh, announced the policy during the official launch of the SON–NADDC…
OLORUNDARE ENIMOLA, Lagos The Ogun State Traffic Compliance and Enforcement Agency (TRACE) and the Ogun State Emergency Medical Services and Ambulance System (OGSEMSAS) have reaffirmed their commitment to closer collaboration aimed at enhancing service delivery and improving emergency response to road crash victims. This development formed the focus of a courtesy visit by the OGSEMSAS…
Nigeria’s emerging autosport movement has been tied to broader efforts at industrialisation, innovation, and youth development under President Bola Ahmed Tinubu. Speaking at the ‘Tinubu Turbo First 2026’ motorsport organised to mark the President’s birthday,” in Abuja, the Director-General of the National Automotive Design and Development Council (NADDC), Joseph described motor auto-sport as a reflection…
Sterling Bank, industry leaders, policymakers, financiers, innovators convened, have charted away forward towards improving Nigeria’s transport and logistics sector. The stakeholder at the inaugural Nigeria Transport & Logistics Summit (NTLS) 2026, hosted by Sterling Bank at Eko Hotel & Suites, proposed actionable strategies for building a faster, more connected Nigeria through transport, mobility, and logistics….
Cross River State Governor, Bassey Otu, has officially launched the Easter edition of the state’s free transport scheme under the “Season of Sweetness” initiative, following the sharp rise in fuel prices, which have significantly increased transportation costs across the state. The governor’s decision to roll out the free bus service has been widely interpreted as…
