Temitope Nlewemchi – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Fri, 29 May 2026 12:51:23 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Temitope Nlewemchi – InfoStride News https://www.theinfostride.com 32 32 NIESV Advocates Ground Rent as Sustainable Revenue Source for Housing and Infrastructure Development https://www.theinfostride.com/niesv-advocates-ground-rent-as-sustainable-revenue-source-for-housing-and-infrastructure-development/ https://www.theinfostride.com/niesv-advocates-ground-rent-as-sustainable-revenue-source-for-housing-and-infrastructure-development/#respond Fri, 29 May 2026 12:50:44 +0000 https://www.theinfostride.com/?p=425719 The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has renewed its call for the adoption of ground rent as a key strategy for revenue generation and housing affordability in Nigeria. Speaking during the 2025 Estate Surveyors’ Week held in Lagos, the Lagos State Chapter Chairman, Gbenga Ismail, emphasized that the implementation of a well-structured [...]

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]]> https://www.theinfostride.com/niesv-advocates-ground-rent-as-sustainable-revenue-source-for-housing-and-infrastructure-development/feed/ 0 CBN Records $276m Decline in IMTO Inflows https://www.theinfostride.com/cbn-records-276m-decline-in-imto-inflows/ https://www.theinfostride.com/cbn-records-276m-decline-in-imto-inflows/#respond Fri, 29 May 2026 12:50:41 +0000 https://www.theinfostride.com/?p=474333 The Central Bank of Nigeria has reported a significant drop of $276 million in foreign exchange inflows from International Money Transfer Operators, reflecting ongoing pressures in Nigeria’s external sector despite recent reforms aimed at boosting foreign currency supply. According to the apex bank, IMTO inflows declined within the latest reporting period compared with the preceding [...]

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]]> https://www.theinfostride.com/cbn-records-276m-decline-in-imto-inflows/feed/ 0 Nigeria’s Trade Surplus Falls by 10% in Q3 2025 – NBS https://www.theinfostride.com/nigerias-trade-surplus-falls-by-10-in-q3-2025-nbs/ https://www.theinfostride.com/nigerias-trade-surplus-falls-by-10-in-q3-2025-nbs/#respond Fri, 29 May 2026 12:50:39 +0000 https://www.theinfostride.com/?p=474337 Nigeria’s trade surplus declined by 10 per cent in the third quarter of 2025, according to the latest foreign trade statistics released by the National Bureau of Statistics. The drop reflects a combination of weaker export earnings and sustained import demand, underscoring ongoing structural challenges in the country’s external trade performance. Data from the NBS [...]

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]]> https://www.theinfostride.com/nigerias-trade-surplus-falls-by-10-in-q3-2025-nbs/feed/ 0 Domestic Investors Dominate NGX with ₦5.46tn Transactions in Eight Months https://www.theinfostride.com/domestic-investors-dominate-ngx-with-%e2%82%a65-46tn-transactions-in-eight-months/ https://www.theinfostride.com/domestic-investors-dominate-ngx-with-%e2%82%a65-46tn-transactions-in-eight-months/#respond Fri, 29 May 2026 12:50:39 +0000 https://www.theinfostride.com/?p=467215 The Nigerian Exchange (NGX) has disclosed that domestic investors accounted for transactions worth ₦5.46 trillion between January and August 2025, highlighting a growing shift in market participation amid fluctuating foreign interest. This surge reflects increasing confidence in Nigeria’s capital market despite economic headwinds, currency volatility, and global uncertainties. According to NGX’s latest market data, domestic [...]

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]]> https://www.theinfostride.com/domestic-investors-dominate-ngx-with-%e2%82%a65-46tn-transactions-in-eight-months/feed/ 0 Brokers Urged to Brace for Sweeping Insurance Reforms in Nigeria https://www.theinfostride.com/brokers-urged-to-brace-for-sweeping-insurance-reforms-in-nigeria-2/ https://www.theinfostride.com/brokers-urged-to-brace-for-sweeping-insurance-reforms-in-nigeria-2/#respond Fri, 29 May 2026 12:50:35 +0000 https://www.theinfostride.com/?p=425714 The Nigerian insurance industry is on the brink of major transformation as the Nigerian Insurance Industry Reform Act Bill, 2025, awaits presidential assent. Having cleared both chambers of the National Assembly, the bill introduces wide-ranging reforms that seek to overhaul the regulatory landscape, strengthen corporate governance, and enhance the overall integrity of the industry. As [...]

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]]> https://www.theinfostride.com/brokers-urged-to-brace-for-sweeping-insurance-reforms-in-nigeria-2/feed/ 0 PETROAN Pushes NNPC Refineries’ Privatisation by Q1 2026 https://www.theinfostride.com/petroan-pushes-nnpc-refineries-privatisation-by-q1-2026/ https://www.theinfostride.com/petroan-pushes-nnpc-refineries-privatisation-by-q1-2026/#respond Fri, 29 May 2026 12:50:34 +0000 https://www.theinfostride.com/?p=474331 The Petroleum Products Retail Outlets Owners Association of Nigeria has renewed calls for the privatisation of the Nigerian National Petroleum Company Limited’s refineries, urging the Federal Government to complete the process by the first quarter of 2026. The association said decisive action is needed to end decades of inefficiency, repeated rehabilitation failures and financial losses [...]

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]]> https://www.theinfostride.com/petroan-pushes-nnpc-refineries-privatisation-by-q1-2026/feed/ 0 Foreign trade payment rises to $267.96 million – CBN https://www.theinfostride.com/foreign-trade-payment-rises-to-267-96-million-cbn/ https://www.theinfostride.com/foreign-trade-payment-rises-to-267-96-million-cbn/#respond Fri, 29 May 2026 12:50:28 +0000 https://www.theinfostride.com/?p=425733 Nigeria’s foreign trade payments through Letters of Credit (LCs) rose to $267.96 million in the first four months of 2025, according to recent data from the Central Bank of Nigeria (CBN). This represents a 3.68 percent increase compared to the same period in 2024 and signals a gradual recovery in the country’s international trade financing [...]

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]]> https://www.theinfostride.com/foreign-trade-payment-rises-to-267-96-million-cbn/feed/ 0 Polaris Bank Strengthens Customer Experience, Expands Environmental Sustainability Drive https://www.theinfostride.com/polaris-bank-strengthens-customer-experience-expands-environmental-sustainability-drive/ https://www.theinfostride.com/polaris-bank-strengthens-customer-experience-expands-environmental-sustainability-drive/#respond Fri, 29 May 2026 12:50:26 +0000 https://www.theinfostride.com/?p=474335 Polaris Bank has reinforced its commitment to delivering improved customer experience while scaling up its environmental sustainability initiatives, as part of efforts to align business growth with responsible banking practices. The bank said the dual focus reflects its strategy to enhance service delivery, deepen customer trust and contribute meaningfully to environmental protection and sustainable development. [...]

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]]> https://www.theinfostride.com/polaris-bank-strengthens-customer-experience-expands-environmental-sustainability-drive/feed/ 0 AfDB Group Mobilises Private Capital to Bridge Africa’s Financing Gap https://www.theinfostride.com/afdb-group-mobilises-private-capital-to-bridge-africas-financing-gap/ https://www.theinfostride.com/afdb-group-mobilises-private-capital-to-bridge-africas-financing-gap/#respond Fri, 29 May 2026 12:50:25 +0000 https://www.theinfostride.com/?p=474341 The African Development Bank Group has intensified efforts to mobilise private capital as part of a broader strategy to close Africa’s widening financing gap and accelerate sustainable economic development across the continent. The multilateral lender said leveraging private sector resources has become increasingly critical as public finances across many African countries come under pressure from [...]

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]]> https://www.theinfostride.com/afdb-group-mobilises-private-capital-to-bridge-africas-financing-gap/feed/ 0 LCCI Flags Engineering, Power Gaps Hindering Industrialisation https://www.theinfostride.com/lcci-flags-engineering-power-gaps-hindering-industrialisation/ https://www.theinfostride.com/lcci-flags-engineering-power-gaps-hindering-industrialisation/#respond Fri, 29 May 2026 12:50:24 +0000 https://www.theinfostride.com/?p=474324 The Lagos Chamber of Commerce and Industry has raised concerns over persistent engineering capacity deficits and unreliable power supply, warning that these challenges continue to undermine Nigeria’s industrialisation drive and limit the competitiveness of local industries. The chamber said unless these structural issues are urgently addressed, the country risks falling short of its industrial development [...]

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]]> https://www.theinfostride.com/lcci-flags-engineering-power-gaps-hindering-industrialisation/feed/ 0 Seplat to Invest in Power Sector to Tackle Nigeria’s Electricity Deficit https://www.theinfostride.com/seplat-to-invest-in-power-sector-to-tackle-nigerias-electricity-deficit/ https://www.theinfostride.com/seplat-to-invest-in-power-sector-to-tackle-nigerias-electricity-deficit/#respond Fri, 29 May 2026 12:50:23 +0000 https://www.theinfostride.com/?p=438137 Seplat Energy Plc, one of Nigeria’s leading indigenous energy companies, has announced a bold move to invest significantly in the country’s power sector. The initiative is part of the company’s broader strategic shift to diversify its operations and contribute to bridging the huge energy access gap in Nigeria, particularly in off-grid communities. According to the [...]

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]]> https://www.theinfostride.com/seplat-to-invest-in-power-sector-to-tackle-nigerias-electricity-deficit/feed/ 0 Customs Moves to End Physical Cargo Checks at Apapa Port https://www.theinfostride.com/customs-moves-to-end-physical-cargo-checks-at-apapa-port/ https://www.theinfostride.com/customs-moves-to-end-physical-cargo-checks-at-apapa-port/#respond Fri, 29 May 2026 12:50:21 +0000 https://www.theinfostride.com/?p=474339 The Nigeria Customs Service has announced plans to phase out routine physical examination of cargo at the Apapa Port as part of efforts to modernise port operations, enhance trade facilitation and reduce delays associated with manual inspection processes. The move aligns with broader reforms aimed at improving efficiency, transparency and revenue collection within Nigeria’s maritime [...]

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]]> https://www.theinfostride.com/customs-moves-to-end-physical-cargo-checks-at-apapa-port/feed/ 0 Tinubu’s Reforms Triple Capital Market Transactions over Two Years — NGX Chairman https://www.theinfostride.com/tinubus-reforms-triple-capital-market-transactions-over-two-years-ngx-chairman/ https://www.theinfostride.com/tinubus-reforms-triple-capital-market-transactions-over-two-years-ngx-chairman/#respond Fri, 29 May 2026 12:50:13 +0000 https://www.theinfostride.com/?p=466160 Nigeria’s capital market has posted a remarkable turnaround under President Bola Tinubu’s reform agenda, with the volume and value of transactions nearly tripling in just two years, according to the Chairman of the Nigerian Exchange Group (NGX), Umaru Kwairanga. Speaking during a diplomatic visit to Brazil, Kwairanga credited Tinubu’s wide-ranging interventions—particularly in the oil and [...]

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]]> https://www.theinfostride.com/tinubus-reforms-triple-capital-market-transactions-over-two-years-ngx-chairman/feed/ 0 Lasaco Assurance Grows Q1 Profit to ₦1.62 Billion, Strengthens Market Position with Double-Digit Revenue Growth https://www.theinfostride.com/lasaco-assurance-grows-q1-profit-to-%e2%82%a61-62-billion-strengthens-market-position-with-double-digit-revenue-growth/ https://www.theinfostride.com/lasaco-assurance-grows-q1-profit-to-%e2%82%a61-62-billion-strengthens-market-position-with-double-digit-revenue-growth/#respond Fri, 29 May 2026 12:50:06 +0000 https://www.theinfostride.com/?p=425723 Lasaco Assurance Plc has announced a robust financial performance for the first quarter ended March 31, 2025, with its profit before tax rising by 24% year-on-year to ₦1.62 billion. The company had posted a profit before tax of ₦1.31 billion in the corresponding quarter of 2024, signalling a strong start to the 2025 financial year [...]

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]]> https://www.theinfostride.com/lasaco-assurance-grows-q1-profit-to-%e2%82%a61-62-billion-strengthens-market-position-with-double-digit-revenue-growth/feed/ 0 FIRS Accredits PwC as System Integrator for E-Invoicing https://www.theinfostride.com/firs-accredits-pwc-as-system-integrator-for-e-invoicing/ https://www.theinfostride.com/firs-accredits-pwc-as-system-integrator-for-e-invoicing/#respond Fri, 29 May 2026 12:50:05 +0000 https://www.theinfostride.com/?p=474328 The Federal Inland Revenue Service has accredited PricewaterhouseCoopers as a system integrator for Nigeria’s electronic invoicing initiative, marking a significant step in the country’s efforts to modernise tax administration, improve compliance and enhance revenue mobilisation. The accreditation positions PwC to support businesses and the tax authority in the implementation of the national e-invoicing framework. The [...]

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]]> https://www.theinfostride.com/firs-accredits-pwc-as-system-integrator-for-e-invoicing/feed/ 0 Port Harcourt Refinery Supplies Diesel Despite Shutdown – NMDPRA https://www.theinfostride.com/port-harcourt-refinery-supplies-diesel-despite-shutdown-nmdpra/ https://www.theinfostride.com/port-harcourt-refinery-supplies-diesel-despite-shutdown-nmdpra/#respond Fri, 29 May 2026 12:50:00 +0000 https://www.theinfostride.com/?p=474326 The Nigerian Midstream and Downstream Petroleum Regulatory Authority has clarified that the Port Harcourt Refining Company has been supplying diesel to the domestic market despite the refinery not being fully operational. The regulator said the development reflects interim arrangements put in place to support fuel availability while rehabilitation works at the facility continue. NMDPRA explained [...]

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]]> https://www.theinfostride.com/port-harcourt-refinery-supplies-diesel-despite-shutdown-nmdpra/feed/ 0 Nigerians Import Fewer Cars Amid High Inflation, FX Crisis https://www.theinfostride.com/nigerians-import-fewer-cars-amid-high-inflation-fx-crisis/ https://www.theinfostride.com/nigerians-import-fewer-cars-amid-high-inflation-fx-crisis/#respond Fri, 29 May 2026 01:35:57 +0000 https://www.theinfostride.com/?p=404949 The importation of cars into Nigeria has declined significantly as rising inflation, foreign exchange volatility, and high import duties continue to put pressure on vehicle prices. The combination of economic challenges has made it increasingly difficult for individuals and businesses to afford imported automobiles, leading to a sharp drop in demand. Car dealers and importers [...]

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]]> https://www.theinfostride.com/nigerians-import-fewer-cars-amid-high-inflation-fx-crisis/feed/ 0 FirstBank Unveils Dollar Fund for Female Employees https://www.theinfostride.com/firstbank-unveils-dollar-fund-for-female-employees/ https://www.theinfostride.com/firstbank-unveils-dollar-fund-for-female-employees/#respond Fri, 29 May 2026 01:35:51 +0000 https://www.theinfostride.com/?p=404951 FirstBank has launched a specialized dollar fund aimed at supporting its female employees, reinforcing its commitment to financial empowerment and workplace inclusivity. The initiative is designed to provide female staff with access to foreign currency savings and investment opportunities, helping them build financial stability and long-term wealth. With the rising volatility of the naira and [...]

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]]> https://www.theinfostride.com/firstbank-unveils-dollar-fund-for-female-employees/feed/ 0 Domestic Refiners Challenge Crude Producers Over Zero Allocation https://www.theinfostride.com/domestic-refiners-challenge-crude-producers-over-zero-allocation/ https://www.theinfostride.com/domestic-refiners-challenge-crude-producers-over-zero-allocation/#respond Fri, 29 May 2026 01:35:48 +0000 https://www.theinfostride.com/?p=402845 Nigeria’s domestic refiners are pushing back against crude oil producers over the lack of local crude supply, accusing them of prioritizing exports while neglecting the country’s refining sector. The dispute comes as local refiners struggle to access feedstock, hindering their operations despite government efforts to boost domestic refining capacity. Operators of modular and conventional refineries [...]

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]]> https://www.theinfostride.com/domestic-refiners-challenge-crude-producers-over-zero-allocation/feed/ 0 Naira Reverses Gains, Depreciates at Official, Parallel Markets https://www.theinfostride.com/naira-reverses-gains-depreciates-at-official-parallel-markets/ https://www.theinfostride.com/naira-reverses-gains-depreciates-at-official-parallel-markets/#respond Fri, 29 May 2026 01:35:43 +0000 https://www.theinfostride.com/?p=404945 The naira has lost ground against the dollar, reversing its recent gains in both the official and parallel markets. The local currency, which had shown signs of stability in previous weeks, depreciated amid renewed pressure from forex demand, liquidity concerns, and economic uncertainties. At the official foreign exchange market, the naira weakened as traders and [...]

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]]> https://www.theinfostride.com/naira-reverses-gains-depreciates-at-official-parallel-markets/feed/ 0 Banking Stocks Drive Financial Sector to N9.49tn Market Value https://www.theinfostride.com/banking-stocks-drive-financial-sector-to-n9-49tn-market-value/ https://www.theinfostride.com/banking-stocks-drive-financial-sector-to-n9-49tn-market-value/#respond Fri, 29 May 2026 01:35:39 +0000 https://www.theinfostride.com/?p=405785 Source from InfoStride News

]]> https://www.theinfostride.com/banking-stocks-drive-financial-sector-to-n9-49tn-market-value/feed/ 0 Equity Market Sheds N476bn in One Week https://www.theinfostride.com/equity-market-sheds-n476bn-in-one-week/ https://www.theinfostride.com/equity-market-sheds-n476bn-in-one-week/#respond Fri, 29 May 2026 01:35:23 +0000 https://www.theinfostride.com/?p=404958 Nigeria’s equities market suffered a major decline, losing N476 billion in a week as investor sentiment weakened amid economic uncertainties and foreign exchange volatility. The downturn, which affected major stocks across different sectors, was fueled by profit-taking activities, concerns over inflation, and cautious trading in response to policy shifts in the financial landscape. The Nigerian [...]

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]]> https://www.theinfostride.com/equity-market-sheds-n476bn-in-one-week/feed/ 0 Transcorp’s Profit Soars to N94bn https://www.theinfostride.com/transcorps-profit-soars-to-n94bn/ https://www.theinfostride.com/transcorps-profit-soars-to-n94bn/#respond Fri, 29 May 2026 01:35:11 +0000 https://www.theinfostride.com/?p=404956 Transnational Corporation Plc (Transcorp) has recorded a remarkable financial performance, posting a profit of N94 billion, a significant increase driven by strong revenue growth and strategic investments across its business segments. The company’s latest earnings report reflects its resilience in Nigeria’s challenging economic environment and its ability to capitalize on opportunities in the energy and [...]

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]]> https://www.theinfostride.com/transcorps-profit-soars-to-n94bn/feed/ 0 FG, Tanker Drivers Split Over 60,000 Truck Ban Enforcement https://www.theinfostride.com/fg-tanker-drivers-split-over-60000-truck-ban-enforcement/ https://www.theinfostride.com/fg-tanker-drivers-split-over-60000-truck-ban-enforcement/#respond Fri, 29 May 2026 01:35:06 +0000 https://www.theinfostride.com/?p=404947 A rift has emerged between the federal government and tanker drivers over the enforcement of a ban on 60,000 unfit trucks operating across the country. The government’s decision to take unsafe petroleum tankers off the roads has sparked resistance from the drivers’ union, which argues that the move could lead to job losses, fuel distribution [...]

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]]> https://www.theinfostride.com/fg-tanker-drivers-split-over-60000-truck-ban-enforcement/feed/ 0 MAX Invests in Electric Mobility Innovation https://www.theinfostride.com/max-invests-in-electric-mobility-innovation/ https://www.theinfostride.com/max-invests-in-electric-mobility-innovation/#respond Fri, 29 May 2026 01:35:06 +0000 https://www.theinfostride.com/?p=404953 Metro Africa Xpress (MAX), a leading mobility company, has intensified its investment in electric mobility innovation as part of its commitment to sustainable transportation solutions across Africa. The company, known for pioneering tech-driven mobility services, is expanding its electric vehicle (EV) offerings to address the growing demand for cleaner and more efficient transportation alternatives. With [...]

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]]> https://www.theinfostride.com/max-invests-in-electric-mobility-innovation/feed/ 0 FG Loses N120bn to Illegal Private Jet Charters – Report https://www.theinfostride.com/fg-loses-n120bn-to-illegal-private-jet-charters-report/ https://www.theinfostride.com/fg-loses-n120bn-to-illegal-private-jet-charters-report/#respond Fri, 29 May 2026 01:32:23 +0000 https://www.theinfostride.com/?p=404569 A new report has revealed that the federal government is losing an estimated N120 billion annually due to illegal private jet charter operations. The findings indicate that unregistered operators are bypassing regulatory fees and taxes, depriving the government of significant revenue. According to industry experts, many private jet owners engage in unauthorized commercial operations without [...]

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]]> https://www.theinfostride.com/fg-loses-n120bn-to-illegal-private-jet-charters-report/feed/ 0 FG Advises Women on Capital Market Investment Opportunities https://www.theinfostride.com/fg-advises-women-on-capital-market-investment-opportunities/ https://www.theinfostride.com/fg-advises-women-on-capital-market-investment-opportunities/#respond Fri, 29 May 2026 01:30:55 +0000 https://www.theinfostride.com/?p=404567 The federal government has encouraged women to take advantage of opportunities in the capital market to achieve financial independence and long-term wealth creation. Officials emphasized the need for increased female participation in investments such as stocks, bonds, and mutual funds, highlighting their potential to provide stable returns and economic security. Speaking at a financial literacy [...]

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]]> https://www.theinfostride.com/fg-advises-women-on-capital-market-investment-opportunities/feed/ 0 ACAMB Pays Tribute to Founding President https://www.theinfostride.com/acamb-pays-tribute-to-founding-president/ https://www.theinfostride.com/acamb-pays-tribute-to-founding-president/#respond Fri, 29 May 2026 01:30:47 +0000 https://www.theinfostride.com/?p=404964 The Association of Corporate Affairs Managers of Banks (ACAMB) has paid tribute to its founding president, honoring his contributions to the development of corporate communications and public relations in Nigeria’s banking sector. The late pioneer, whose leadership laid the foundation for ACAMB’s growth, was remembered for his dedication to promoting professionalism and ethical standards in [...]

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]]> https://www.theinfostride.com/acamb-pays-tribute-to-founding-president/feed/ 0 Ex-CIIN President Honored at 60th Birthday Celebration https://www.theinfostride.com/ex-ciin-president-honored-at-60th-birthday-celebration/ https://www.theinfostride.com/ex-ciin-president-honored-at-60th-birthday-celebration/#respond Fri, 29 May 2026 01:30:45 +0000 https://www.theinfostride.com/?p=402848 Friends, family, and industry leaders gathered to celebrate the 60th birthday of a former President of the Chartered Insurance Institute of Nigeria (CIIN), recognizing his contributions to the Nigerian insurance sector. The event, which was attended by top executives, regulatory officials, and professionals from the insurance and financial industries, highlighted his impact on industry reforms, [...]

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]]> https://www.theinfostride.com/ex-ciin-president-honored-at-60th-birthday-celebration/feed/ 0 Shettima, Sanusi Attend EFInA Rebranding Event https://www.theinfostride.com/shettima-sanusi-attend-efina-rebranding-event/ https://www.theinfostride.com/shettima-sanusi-attend-efina-rebranding-event/#respond Fri, 29 May 2026 01:30:40 +0000 https://www.theinfostride.com/?p=403893 Vice President Kashim Shettima and former Emir of Kano, Sanusi Lamido Sanusi, were among the key dignitaries present at the rebranding event of Enhancing Financial Innovation and Access (EFInA). The event marked a new phase for the organization as it continues its mission to drive financial inclusion and innovation in Nigeria. During the event, Shettima [...]

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]]> https://www.theinfostride.com/shettima-sanusi-attend-efina-rebranding-event/feed/ 0 TotalEnergies Projects N192bn Revenue for Q2 https://www.theinfostride.com/totalenergies-projects-n192bn-revenue-for-q2/ https://www.theinfostride.com/totalenergies-projects-n192bn-revenue-for-q2/#respond Fri, 29 May 2026 01:30:39 +0000 https://www.theinfostride.com/?p=404961 TotalEnergies Marketing Nigeria Plc has projected a revenue of N192 billion for the second quarter of 2024, reflecting the company’s confidence in sustained growth despite ongoing economic challenges. The forecast is based on strong demand for petroleum products, strategic cost management, and increased operational efficiency across its business segments. The company’s revenue outlook comes at [...]

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]]> https://www.theinfostride.com/totalenergies-projects-n192bn-revenue-for-q2/feed/ 0 President Appoints Ogunjimi as Accountant-General https://www.theinfostride.com/president-appoints-ogunjimi-as-accountant-general/ https://www.theinfostride.com/president-appoints-ogunjimi-as-accountant-general/#respond Fri, 29 May 2026 01:30:05 +0000 https://www.theinfostride.com/?p=404564 The President has appointed Taiwo Ogunjimi as the new Accountant-General of the Federation, marking a significant leadership change in the nation’s financial management. Ogunjimi, a seasoned financial expert with years of experience in public sector accounting, is expected to bring stability and efficiency to the role. His appointment comes at a crucial time when the [...]

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]]> https://www.theinfostride.com/president-appoints-ogunjimi-as-accountant-general/feed/ 0 World Bank Urges FG to Address Private Sector Constraints https://www.theinfostride.com/world-bank-urges-fg-to-address-private-sector-constraints/ https://www.theinfostride.com/world-bank-urges-fg-to-address-private-sector-constraints/#respond Fri, 29 May 2026 01:27:57 +0000 https://www.theinfostride.com/?p=402756 The World Bank has called on the Federal Government to tackle key obstacles hindering private sector growth in Nigeria, stressing that reforms in critical areas could unlock billions of dollars in investment and drive economic expansion. In its latest assessment, the global financial institution highlighted issues such as inconsistent policies, inadequate infrastructure, forex shortages, and [...]

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]]> https://www.theinfostride.com/world-bank-urges-fg-to-address-private-sector-constraints/feed/ 0 NIWA Lagos Manager Wins Award https://www.theinfostride.com/niwa-lagos-manager-wins-award/ https://www.theinfostride.com/niwa-lagos-manager-wins-award/#respond Fri, 29 May 2026 01:27:57 +0000 https://www.theinfostride.com/?p=405344 The Lagos Area Manager of the National Inland Waterways Authority (NIWA) has been honored with a prestigious award in recognition of outstanding contributions to the development and management of Nigeria’s inland waterways. The award highlights the manager’s leadership in enhancing water transport efficiency, safety, and infrastructure within the Lagos region. Under the manager’s tenure, NIWA [...]

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]]> https://www.theinfostride.com/niwa-lagos-manager-wins-award/feed/ 0 Oando Emerges Preferred Bidder for Lease of Guaracara Refinery https://www.theinfostride.com/oando-emerges-preferred-bidder-for-lease-of-guaracara-refinery/ https://www.theinfostride.com/oando-emerges-preferred-bidder-for-lease-of-guaracara-refinery/#respond Fri, 29 May 2026 01:27:57 +0000 https://www.theinfostride.com/?p=405234 Oando Plc has been named the preferred bidder for the lease of the Guaracara Refinery, a major step in the company’s ongoing expansion in the oil and gas sector. The selection positions Oando to take over operations of the refinery, located in Trinidad and Tobago, as part of efforts to revamp and optimize its refining [...]

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]]> https://www.theinfostride.com/oando-emerges-preferred-bidder-for-lease-of-guaracara-refinery/feed/ 0 ROGEAP, Ecobank to Train SMEs in Renewables https://www.theinfostride.com/rogeap-ecobank-to-train-smes-in-renewables/ https://www.theinfostride.com/rogeap-ecobank-to-train-smes-in-renewables/#respond Fri, 29 May 2026 01:27:47 +0000 https://www.theinfostride.com/?p=404941 The Regional Off-Grid Electricity Access Project (ROGEAP) has partnered with Ecobank to provide training for small and medium-sized enterprises (SMEs) in the renewable energy sector. The initiative aims to equip entrepreneurs with the knowledge, skills, and financial support needed to scale their businesses and contribute to the growth of sustainable energy solutions across West Africa. [...]

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]]> https://www.theinfostride.com/rogeap-ecobank-to-train-smes-in-renewables/feed/ 0 OPay’s NightGuard Saved Me from Losing My Life Savings https://www.theinfostride.com/opays-nightguard-saved-me-from-losing-my-life-savings/ https://www.theinfostride.com/opays-nightguard-saved-me-from-losing-my-life-savings/#respond Fri, 29 May 2026 01:27:46 +0000 https://www.theinfostride.com/?p=405237 A Nigerian fintech user has shared how OPay’s NightGuard feature prevented him from losing his entire savings to fraudsters. The customer, who recounted his experience, explained that cybercriminals attempted to drain his account during late-night hours, but the security measure stopped the unauthorized transactions. NightGuard, a recently introduced feature by OPay, is designed to protect [...]

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]]> https://www.theinfostride.com/opays-nightguard-saved-me-from-losing-my-life-savings/feed/ 0 Wema Bank Chair, CEO Recommit to Women’s Empowerment https://www.theinfostride.com/wema-bank-chair-ceo-recommit-to-womens-empowerment/ https://www.theinfostride.com/wema-bank-chair-ceo-recommit-to-womens-empowerment/#respond Fri, 29 May 2026 01:27:46 +0000 https://www.theinfostride.com/?p=405359 The Chairperson and Chief Executive Officer of Wema Bank have reaffirmed the bank’s dedication to empowering women through financial inclusion, business support, and leadership opportunities. Their renewed commitment aligns with the bank’s ongoing initiatives to create a more inclusive financial system that caters to the needs of female entrepreneurs and professionals. Speaking at a recent [...]

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]]> https://www.theinfostride.com/wema-bank-chair-ceo-recommit-to-womens-empowerment/feed/ 0 Barge Operation Critical to Cargo Evacuation – Shippers Council https://www.theinfostride.com/barge-operation-critical-to-cargo-evacuation-shippers-council/ https://www.theinfostride.com/barge-operation-critical-to-cargo-evacuation-shippers-council/#respond Fri, 29 May 2026 01:27:46 +0000 https://www.theinfostride.com/?p=405352 The Nigerian Shippers’ Council (NSC) has emphasized the importance of barge operations in enhancing cargo evacuation and easing congestion at the nation’s ports. The council noted that the efficient movement of goods via barges is essential to decongesting road networks and improving overall port efficiency. According to the NSC, barge operations provide a viable alternative [...]

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]]> https://www.theinfostride.com/barge-operation-critical-to-cargo-evacuation-shippers-council/feed/ 0 NLC Protests Mass Layoffs at Ibadan, Kaduna Discos https://www.theinfostride.com/nlc-protests-mass-layoffs-at-ibadan-kaduna-discos/ https://www.theinfostride.com/nlc-protests-mass-layoffs-at-ibadan-kaduna-discos/#respond Fri, 29 May 2026 01:27:44 +0000 https://www.theinfostride.com/?p=402764 The Nigeria Labour Congress (NLC) has strongly condemned the recent dismissal of workers by the Ibadan and Kaduna Electricity Distribution Companies, calling it an unjust and unacceptable move. According to reports, hundreds of employees were laid off without due process, sparking outrage among labor unions and affected workers. The NLC has accused the electricity distribution [...]

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]]> https://www.theinfostride.com/nlc-protests-mass-layoffs-at-ibadan-kaduna-discos/feed/ 0 Moniepoint Shows Strength of Nigeria’s Fintech Space – Minister https://www.theinfostride.com/moniepoint-shows-strength-of-nigerias-fintech-space-minister/ https://www.theinfostride.com/moniepoint-shows-strength-of-nigerias-fintech-space-minister/#respond Fri, 29 May 2026 01:27:36 +0000 https://www.theinfostride.com/?p=405239 Nigeria’s Minister of Communications, Innovation, and Digital Economy has praised Moniepoint for its rapid growth and impact, describing it as a strong example of the country’s thriving fintech sector. The minister highlighted how the company’s success reflects Nigeria’s potential as a major player in the global digital economy. Moniepoint, a leading financial services platform, has [...]

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]]> https://www.theinfostride.com/moniepoint-shows-strength-of-nigerias-fintech-space-minister/feed/ 0 Report: 44% of Nigerian Businesses Cut Workforce in 2024 https://www.theinfostride.com/report-44-of-nigerian-businesses-cut-workforce-in-2024/ https://www.theinfostride.com/report-44-of-nigerian-businesses-cut-workforce-in-2024/#respond Fri, 29 May 2026 01:27:34 +0000 https://www.theinfostride.com/?p=402766 A new report by Nigerian data analytics firm, Mustard Insights, has revealed that 44% of businesses in the country reduced their workforce in 2024 due to economic challenges and operational constraints. The report, based on a nationwide survey of companies across various sectors, attributed the layoffs to rising inflation, foreign exchange volatility, high production costs, [...]

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]]> https://www.theinfostride.com/report-44-of-nigerian-businesses-cut-workforce-in-2024/feed/ 0 Wema Bank Champions Financial Inclusion for Women https://www.theinfostride.com/wema-bank-champions-financial-inclusion-for-women/ https://www.theinfostride.com/wema-bank-champions-financial-inclusion-for-women/#respond Fri, 29 May 2026 01:27:32 +0000 https://www.theinfostride.com/?p=404943 Wema Bank has reaffirmed its commitment to promoting financial inclusion for women through targeted initiatives aimed at increasing access to banking, credit facilities, and financial literacy programs. The bank’s efforts align with broader national and global goals of empowering women economically, ensuring they have the resources and support needed to build sustainable financial futures. Recognizing [...]

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]]> https://www.theinfostride.com/wema-bank-champions-financial-inclusion-for-women/feed/ 0 Ministry Unveils Lagos Economic Development Update https://www.theinfostride.com/ministry-unveils-lagos-economic-development-update/ https://www.theinfostride.com/ministry-unveils-lagos-economic-development-update/#respond Fri, 29 May 2026 01:27:31 +0000 https://www.theinfostride.com/?p=405356 The Federal Ministry of Industry, Trade, and Investment has released an update on Lagos’ economic development, highlighting key projects and policies aimed at driving growth in Nigeria’s commercial capital. The report outlines ongoing initiatives focused on infrastructure, trade facilitation, and business reforms to strengthen the state’s position as an economic powerhouse. According to the ministry, [...]

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]]> https://www.theinfostride.com/ministry-unveils-lagos-economic-development-update/feed/ 0 LCCI Urges FG to Suspend 4% Customs Charge https://www.theinfostride.com/lcci-urges-fg-to-suspend-4-customs-charge/ https://www.theinfostride.com/lcci-urges-fg-to-suspend-4-customs-charge/#respond Fri, 29 May 2026 01:27:30 +0000 https://www.theinfostride.com/?p=402768 The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to suspend the newly introduced 4% Comprehensive Import Supervision Scheme (CISS) charge on imports, warning that it will worsen production costs and stifle business growth. In a statement, LCCI argued that the additional levy would place an undue burden on importers, [...]

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]]> https://www.theinfostride.com/lcci-urges-fg-to-suspend-4-customs-charge/feed/ 0 IWD: Women Investment Platform Posts N1bn in Savings https://www.theinfostride.com/iwd-women-investment-platform-posts-n1bn-in-savings/ https://www.theinfostride.com/iwd-women-investment-platform-posts-n1bn-in-savings/#respond Fri, 29 May 2026 01:27:29 +0000 https://www.theinfostride.com/?p=404938 A women-focused investment platform has reached a major milestone, recording N1 billion in savings as part of its efforts to promote financial independence and wealth creation among women. The achievement, announced in celebration of International Women’s Day (IWD), highlights the growing participation of women in investment and financial planning. The platform, designed to provide women [...]

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]]> https://www.theinfostride.com/iwd-women-investment-platform-posts-n1bn-in-savings/feed/ 0 Firms Collaborate to Empower Vulnerable Children https://www.theinfostride.com/firms-collaborate-to-empower-vulnerable-children/ https://www.theinfostride.com/firms-collaborate-to-empower-vulnerable-children/#respond Fri, 29 May 2026 01:27:29 +0000 https://www.theinfostride.com/?p=404573 A group of companies has joined forces to support vulnerable children through educational initiatives, skill development programs, and welfare assistance. The partnership aims to provide long-term solutions that improve the lives of disadvantaged children, particularly those affected by poverty, neglect, or displacement. The collaboration brings together businesses from various sectors, including finance, technology, and manufacturing, [...]

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]]> https://www.theinfostride.com/firms-collaborate-to-empower-vulnerable-children/feed/ 0 Champion Breweries Posts N817m Profit https://www.theinfostride.com/champion-breweries-posts-n817m-profit/ https://www.theinfostride.com/champion-breweries-posts-n817m-profit/#respond Fri, 29 May 2026 01:27:28 +0000 https://www.theinfostride.com/?p=404802 Champion Breweries has reported a profit of N817 million, marking a strong financial performance amid Nigeria’s challenging economic environment. The company’s latest financial results reflect growth in revenue, improved operational efficiency, and strategic cost management, which contributed to its profitability. The brewery industry has faced rising production costs due to inflation, foreign exchange volatility, and [...]

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]]> https://www.theinfostride.com/champion-breweries-posts-n817m-profit/feed/ 0 Group Empowers Women in Leadership, Communication https://www.theinfostride.com/group-empowers-women-in-leadership-communication/ https://www.theinfostride.com/group-empowers-women-in-leadership-communication/#respond Fri, 29 May 2026 01:27:17 +0000 https://www.theinfostride.com/?p=405244 A professional development group has launched a new initiative aimed at empowering women in leadership and communication, equipping them with the skills needed to excel in various industries. The program, designed to support career growth and personal development, seeks to bridge the gap in female representation in executive and managerial roles. Through a series of [...]

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]]> https://www.theinfostride.com/group-empowers-women-in-leadership-communication/feed/ 0 BPE: Tolling Essential for Sustainable Road Infrastructure https://www.theinfostride.com/bpe-tolling-essential-for-sustainable-road-infrastructure/ https://www.theinfostride.com/bpe-tolling-essential-for-sustainable-road-infrastructure/#respond Fri, 29 May 2026 01:27:13 +0000 https://www.theinfostride.com/?p=402758 The Bureau of Public Enterprises (BPE) has emphasized that tolling is a crucial component for maintaining and expanding Nigeria’s road infrastructure sustainably. According to the agency, implementing toll systems on major highways will generate the necessary funds for road maintenance, reduce reliance on government funding, and enhance the overall quality of transportation networks. Speaking on [...]

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