Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reiterated its commitment towards building tangible economic bridges and strengthening diaspora-driven investment into Nigeria. UBA’s group managing director/chief executive officer, Oliver Alawuba, stated this on Monday, while hosting key representatives ...
Read More »Author Archives: newsfronton
Transcorp Hotels, Sora Restaurant Sign Leasing Deal For Hilton
Transcorp Hotels Plc has signed a leasing agreement with SORA Restaurant, adding the upscale dining lounge to its Transcorp Hilton Abuja cuisine offerings. The deal brings SORA’s dining concept to Abuja’s hospitality market. According to Transcorp Hotels, SORA Restaurant, known ...
Read More »Shippers’ Council Urges Dialogue As Clearing Agents Picket Shipping Firms Over Tariff Hike
The executive secretary of the Nigerian Shippers’ Council (NSC), Dr Akutah Pius, has called on freight forwarders to embrace dialogue as a constructive means of resolving their grievances rather than resorting to industrial actions that could undermine the nation’s economy. ...
Read More »Shell Nigeria Gas MD, Oyo, NMDPRA Advance Gas Infrastructure Push
Shell Nigeria Gas (SNG) managing Director, Ralph Gbobo, alongside Oyo State officials and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), have held pivotal discussions to propel gas infrastructure development. During a courtesy visit to NMDPRA chief executive, Saidu ...
Read More »Ibom Power Not For Sale – AKSG Debunks Report, Announces $9m Loan Repayment, Sector Reforms
… acknowledges the ongoing power outages in some parts of the state By our Reporter The Akwa Ibom State Government has dismissed as false and malicious a publication alleging that the state-owned Ibom Power Company is being sold as scrap, ...
Read More »World Cup Playoff: FIFA Sanctions Nigeria, DR Congo
Both Nigeria and the Democratic Republic of Congo have been hit with sanctions from FIFA following their heated 2026 World Cup playoff last November. The global football governing body found both national football associations in breach of disciplinary regulations during ...
Read More »CBN Waives Affidavit Requirement For Dormant Account Reactivation
The Central Bank of Nigeria (CBN) has waived the affidavit requirement for reactivating dormant bank accounts, easing access to long-stagnant funds for millions of Nigerians. This move aims to unlock billions of naira trapped in inactive accounts, boost financial inclusion, ...
Read More »Dangote, GCL Group Sign $4.2bn Gas Deal For Ethiopia Fertiliser Plant
Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalised a landmark $4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia. The agreement, signed in Lagos, reinforces one of ...
Read More »NLNG Expands Vocational Innovation Business Empowerment Scheme
…Inducts 103 New Beneficiaries Nigeria LNG Limited (NLNG) has scaled up its Vocational Innovation Business Empowerment Scheme (VIBES), inducting 103 new trainees into its 2026 cohort to foster entrepreneurship in host communities. The company said, the induction ceremony, held in ...
Read More »Capital Market Switch To T+1 Settlement Cycle On May 29, 2026
Central Securities Clearing System (CSCS) Plc, has said that the Nigerian capital market is set to transition to a T+1 settlement cycle on May 29, 2026, aiming to enhance post-trade efficiency and reduce settlement risk. CSCS in a statement said ...
Read More »
Newsfront Online Newsfront Online