By Our Reporter ABUJA (CONVERSEER) – The Nigerian Independent System Operator (NISO) said it has commenced investigations into the cause of the partial collapse of the national electricity grid on Monday, 29 December 2025. In a statement issued by its management Monday night, NISO confirmed that the system disturbance occurred at about 2:01pm, resulting in…
…as Chairman seeks tax, FX policy alignment to sustain growth in 2026 By Joe Udo ABUJA (CONVERSEER) – The Chairman of Nigerian Exchange (NGX) Group Plc, Dr Umaru Kwairanga, has called for urgent harmonisation of tax and foreign exchange policies to attract long-term global capital inflows into Nigeria’s capital market in 2026. He made the…
By Our Reporter WASHINGTON, DC (CONVERSEER) – The 47th President of the United States, Donald Trump, has further subjected immigrants to heightened scrutiny, ordering banks to report money transfers of over $2,000. Sending money abroad is a common practice among millions of families in the United States. However, a new alert from the U.S. Department…
By Emmanuella Anokam ABUJA (NAN, CONVERSEER) – The Presidential Initiative on Compressed Natural Gas (Pi-CNG) and Electric Vehicles (EVs) has signed an agreement with You Jie Te Environment Technology Ltd (YJT) to localise the manufacturing of critical energy infrastructure in Nigeria. The Memorandum of Understanding (MoU) was signed when Mr Ismaeel Ahmed, Executive Chairman, PiCNG…
BERLIN (DPA, CONVERSEER) – German exports to the US declined sharply in the first three quarters of 2025 as a result of significantly increased tariffs, according to an analysis published on Monday. The German Economic Institute (IW) said the automotive, chemical and mechanical engineering sectors were particularly affected. The value of exports to the US…
MUNICH (DPA, CONVERSEER) – Only a small minority of German companies are confident about the coming year, despite slightly better economic prospects, according to a survey published on Monday. The Munich-based ifo institute said that just under 15% of companies expect their situation to improve in 2026. A sizeable majority, 59%, do not expect any…
ABUJA (CONVERSEER) – Mallam Aminu Kano International Airport in Kano and Port Harcourt International Airport have received full AERODROME certification from the Nigerian Civil Aviation Authority (NCAA). This brings the total number of certified international airports in the country to four, joining Lagos and Abuja International Airports. READ ALSO: Five Years: Beyond AKK Steel and strategy,…
By Joe Udo LAGOS (CONVERSEER) – FCMB Pensions Limited, a subsidiary of FCMB Group Plc, has announced plans to grow its assets under management (AUM) to N1.2 trillion by the end of December 2025, despite persistent domestic and global economic uncertainties. The disclosure was made on the sidelines of the company’s 20th Anniversary Dinner and…
By Joe Udo ABUJA (CONVERSEER) – The Central Bank of Nigeria (CBN) has revoked the operational licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. A statement by Acting Director Corporate Communications of the bank, Hakama Sidi Ali, on Tuesday, said the action, taken under BOFIA 2020 and the Revised…
By Frank Ulom CALABAR (CONVERSEER) – The Cross River State Government has finalised plans to relocate the famous Watt Market in Calabar, one of Nigeria’s major markets. This was disclosed last week when the State Government signed a Memorandum of Understanding (MoU) with Messotho Group Limited for the development of an ultra-modern market in Calabar….
