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Home2026May

Month: May 2026

Business Insight

FG Targets 2,322 CNG Stations by 2027

May 24, 2026 Nigerian CEO Comments Off on FG Targets 2,322 CNG Stations by 2027
By Tunde Adebayo The Federal Government has announced plans to establish 2,322 Compressed Natural Gas (CNG) stations nationwide by 2027, as part of efforts to […]
ESG & Sustainability

Lagos Revenue Hits N2.6tn in 2025, IGR Grows by 18.5%

May 24, 2026 Nigerian CEO Comments Off on Lagos Revenue Hits N2.6tn in 2025, IGR Grows by 18.5%
By Amaka Eze Lagos State recorded a total revenue of N2.6 trillion in 2025, representing a 16 per cent increase from the N2.3 trillion generated […]
Business Insight

Banks Blame Risks, Infrastructure Gaps for Low Agric Lending

May 24, 2026 Nigerian CEO Comments Off on Banks Blame Risks, Infrastructure Gaps for Low Agric Lending
By Chika Nwosu Commercial banks in Nigeria have highlighted high risks, weak infrastructure, and market volatility as the main reasons for their limited lending to […]
Banking & Finance

Banks Cite Risks, Infrastructure Gaps for Low Agric Lending

May 24, 2026 Nigerian CEO Comments Off on Banks Cite Risks, Infrastructure Gaps for Low Agric Lending
By Nnamdi Okafor Commercial banks in Nigeria have pointed to high risks, weak infrastructure, and market volatility as key reasons for their cautious approach to […]
Banking & Finance

Banks, Fintechs Flag 82,143 Suspicious Transactions to NFIU

May 24, 2026 Nigerian CEO Comments Off on Banks, Fintechs Flag 82,143 Suspicious Transactions to NFIU
By Adeola Makinde Nigeria’s financial sector intensified its fight against illicit financial flows in 2024, with banks, fintech firms, insurance companies, and capital market operators […]
Corporate Governance

NMDPRA Enforces 3% Host Community Fund Contributions

May 24, 2026 Nigerian CEO Comments Off on NMDPRA Enforces 3% Host Community Fund Contributions
By Kelechi Adesina The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has intensified enforcement of the Host Community Development Trust (HCDT) framework under the […]
Business Insight

FG, Aig-Imoukhuede Foundation Drive Digital Reforms Across MDAs

May 24, 2026 Nigerian CEO Comments Off on FG, Aig-Imoukhuede Foundation Drive Digital Reforms Across MDAs
By Chinedu Okorie The Federal Government, in partnership with the Aig-Imoukhuede Foundation, has renewed calls for accelerated digital transformation across Nigeria’s civil service, urging Ministries, […]
Energy, Oil and Gas

Segilola Gold Mine Operator Honoured for Safety, Community Impact

May 23, 2026 Nigerian CEO Comments Off on Segilola Gold Mine Operator Honoured for Safety, Community Impact
By Amina Balogun Segilola Resources Operating Limited (SROL), operator of Nigeria’s first commercial gold mine, has emerged as one of the top winners at the […]
Business Insight

Younger Consumers Shift Toward Wine, Study Reveals

May 23, 2026 Nigerian CEO Comments Off on Younger Consumers Shift Toward Wine, Study Reveals
By Adaobi Chukwuma A new cultural intelligence study has revealed a gradual shift in alcohol preferences among younger Nigerian consumers, with wine emerging as a […]
Business Insight

Chinese Investors Eye 51% Stake in Port Harcourt, Warri Refineries

May 23, 2026 Nigerian CEO Comments Off on Chinese Investors Eye 51% Stake in Port Harcourt, Warri Refineries
By Chinedu Okonkwo The Nigerian National Petroleum Company Limited (NNPC Ltd.) is exploring an equity partnership that could see Chinese investors acquire a 51 per […]

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