The Lagos State Ferry Services (LAGFERRY) will soon introduce the Eko Water Taxi on the Lekki–Epe corridor to ease traffic congestion and reduce commuting challenges for residents and businesses. The Managing Director of LAGFERRY, Dr. Abdoulbaq Balogun, disclosed this at the organisation’s strategic management retreat on Saturday in Epe, Lagos State. The retreat was themed “Sustainable Water Transportation and Lagos Transport Policy.” Balogun said there are plans to introduce electric boats and expand cargo movement across Lekki, Apapa, Ikorodu, Epe, and Badagry. According to him, this will reduce pressure on roads while boosting the contribution of sustainable transport to Lagos…
Author: Newsdesk
Mr. Hakeem Adeniji-Adele, Deputy Managing Director of eTranzact Plc, says Artificial Intelligence (AI) is central to preventing financial fraud in Nigeria’s financial sector. Adeniji-Adele made this statement on Saturday following the second Nigeria Telecoms Forum 2026, which brought together key stakeholders from the fintech and telecommunications industries. The forum, themed “Resilient Networks, Smarter Futures: Powering Nigeria’s Next Digital Decade,” focused on innovation, collaboration, and the future of digital infrastructure. According to Adeniji-Adele, AI is becoming a critical tool in combating fraud across financial institutions. He explained that AI is reshaping telecom operations, with the ability to predict and prevent threats…
The wife of the Anambra Governor, Dr. Nonye Soludo, has expressed satisfaction with the performance of participants in the first batch of the “Anambra Skilled Ladies Training Programme.” She described the initiative as a catalyst for self-reliance and entrepreneurial growth among women. Soludo stated in a Saturday release in Awka that the five-week intensive training had equipped at least 100 young women with practical and marketable skills. It is recalled that on March 13, Soludo inaugurated the programme under her Healthy Living Initiative to empower young women with practical, high-demand vocational skills. The programme aims to dismantle professional stereotypes and…
The Permanent Secretary, Ministry of Aviation and Aerospace Development, Mr. Mahmud Kambari, has described aviation as one of the fastest-growing sectors in Nigeria, serving as a primary catalyst for economic transformation. Kambari said this at the 15th edition of the Nigeria Aviation (NIGAV) Award and Ministerial Dinner held on Friday night in Lagos. According to him, aviation not only builds bridges to national, social, and economic inclusion, but also plays a significant role in regional trade integration and serves as the main gateway to global trade. He added that aviation is key to the African Continental Free Trade Area Initiative,…
No fewer than 17,200 students graduated at the combined convocation ceremony of the University of Abuja, now Yakubu Gowon University. Three prominent Nigerians also received honorary doctorate degrees at the event. The Vice-Chancellor, Prof. Hakeem Fawehinmi, said at the ceremony in Abuja on Saturday that the university was being repositioned through infrastructure expansion, staff development, and strategic partnerships. He said the efforts were aimed at strengthening research capacity and improving learning outcomes across the institution. Fawehinmi said the 29th convocation (2022/2023 session) recorded 7,158 undergraduates, including 48 First Class, 2,048 Second Class Upper, 4,418 Second Class Lower, and 644 Third…
Nigeria’s external reserves have dropped to $48.6 billion, declining by $1.38 billion within five weeks, raising fresh concerns about sustained pressure on the country’s foreign exchange buffers. Data on the website of the Central Bank of Nigeria, analysed by Naira metrics, show that the reserves, which stood above $50 billion in February 2026, have steadily trended downward, reflecting ongoing interventions by the apex bank in the foreign exchange market as well as external obligations. The decline underscores the apex bank’s continued efforts to stabilise the naira amid volatility in the FX market. Analysts note that such interventions, while necessary to…
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) and the Lagos State Traffic Management Authority (LASTMA) have agreed to strengthen collaboration on safe Liquefied Petroleum Gas (LPG) transportation. The agreement followed a courtesy visit by NALPGAM executives to LASTMA management on Friday in Lagos, where both parties discussed safety concerns and operational challenges. NALPGAM President, Mr. Edu Iyang, said collaboration was vital due to the volatility of gas and the risks linked to transporting it on busy public roads. He noted that increasing urban traffic and rising LPG usage make coordinated safety measures more urgent for operators and emergency…
The Nigerian Safety Investigation Bureau (NSIB) has inaugurated its newly approved Conditions of Service (CoS) to enhance the operational effectiveness of its workforce. NSIB Director-General, Capt. Alex Badeh, said during the inauguration on Friday in Abuja that the new framework would also improve safety outcomes across Nigeria’s transportation sectors. According to him, the new CoS marks a significant step toward strengthening staff welfare, institutional efficiency, and alignment with global best practices in accident investigation. “The document is a collective covenant that goes beyond administrative rules to define the rights, responsibilities, and professional expectations of all personnel within the agency. “This…
The Nigeria Data Protection Commission (NDPC) has opened an investigation into an alleged data breach at the Corporate Affairs Commission (CAC). Mr Babatunde Bamigboye, Head of Legal, Enforcement and Regulations, confirmed this in a statement issued on Friday in Abuja. He said the probe aligns with the provisions of the Nigeria Data Protection Act 2023 and is pursuant to Section 46(3) of the law. Bamigboye said the move aims to strengthen trust in Nigeria’s digital and economic ecosystem. “This investigation underscores the importance of fostering trust in Nigeria’s economic environment. “The NDPC notes with concern that threat actors have devised…
The Nigeria Customs Service (NCS) says it recorded seizures worth N93.03 million in Adamawa within six weeks under Operation Whirlwind, Zone ‘D’ Axis. The National Coordinator of Operation Whirlwind, Mr Abubakar Aliyu, disclosed this at a news conference on Friday in Yola. Aliyu, represented by the Comptroller-General, Dr Bashir Adeniyi, said the operation supports efforts to safeguard food security, energy supply, and national stability, in line with the mandate of President Bola Tinubu. “Our gathering today is to showcase successes recorded through ongoing intelligence-driven anti-smuggling operations aimed at disrupting syndicates. “The total duty-paid value of the seized items stands at…