Newsfront Online Newsfront Online

The Nigerian Safety Investigation Bureau (NSIB), has commenced an investigation into the collision between the container vessel MV Maersk Valparaiso and the oil tanker MT Lady Martina. The incident occurred at Bonny Anchorage, Rivers State, on May 20, 2026. The ...

Nigeria’s widening MSME financing shortfall has come into sharper focus as MTN Nigeria and SMEDAN intensify efforts to bridge the country’s estimated $158 billion annual funding gap through the mySMEville platform. The initiative, which has onboarded more than 2,600 micro, ...

Finance leaders across Africa have called for accelerated investment in digital finance infrastructure to expand financial inclusion and improve cross-border payments. This is has finance leaders, regulators, investors, fintech executives, and corporate stakeholders gathered in Lagos for the 6th Africa ...

Africa’s worsening trade finance crisis may deepen over the next two years as rising geopolitical tensions in the Middle East, surging energy prices and tightening global credit conditions threaten to widen the continent’s financing gap to $86.6 billion by 2027, ...

Oil majors are looking to expand ultra-deepwater and frontier exploration, targeting large, high-value resources that can support long-term supply and energy security goals. Top energy firms are increasing investment in high-impact exploration as the industry faces a potential 300-billion-barrel supply ...

The Nigerian Maritime Administration and Safety Agency (NIMASA) has stepped up efforts to address lingering port security gaps and secure the removal of entry restrictions on Nigerian-bound vessels, as it deepens collaboration with the United States Coast Guard (USCG). This ...

Nigeria’s largest telecommunications provider, MTN has temporarily stopped its Xtratime service, which allows customers to borrow airtime and data. The move comes after new government rules on digital lending took effect. In an announcement to the Nigerian Exchange, MTN explained ...

Nigeria is set to host the African Union’s (AU) African Monetary Institute (AMI), as preparations intensify for the institute’s planned take-off in September 2026. The institute is part of measures to push for monetary cooperation, financial integration and single currency ...

Nigeria’s combined oil and condensate production averaged 1.546 million barrels per day (mbpd) in March 2026, up 4.2 per cent from 1.483 mbpd in February, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reported. The month saw production peak at 1.84 ...

The Industrial Training Fund (ITF), in collaboration with the Cement Technology Institute of Nigeria (CTIN), have concluded arrangements to launch a landmark skills development programme aimed at training and upskilling 100,000 artisans in Nigeria’s construction sector. The programme that will ...