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BYSTTA Chairman Ama-ebi Ebikpolade Stow said the association was more concerned about the long-term welfare of its athletes than their success on the table alone.
The post Bayelsa table tennis stars rewarded after triple-title triumph in Calabar appeared first on Premium Times Nigeria.
inDrive, a global mobility and delivery services platform, has honoured Felicity Eseke, the ‘Super Mum’ driver, with a brand-new Wuling XC250 2025. The brand-new car was handed over to Eseke during a presentation ceremony held at Ikeja City Mall, Lagos
The post inDrive rewards ‘Super Mum’ driver with brand new car appeared first on Premium Times Nigeria.
Our intervention is not borne out of bitterness or an attempt to settle personal scores. It is a patriotic call for introspection, accountability and corrective action within our party. The APC cannot afford to repeat the circumstances that contributed to its defeat in 2026
The post Open Letter to Mr President: Saboteurs in Osun APC and a call for accountability appeared first on Premium Times Nigeria.
The directive comes amid worsening conditions on the highway, with motorists and passengers reportedly spending days trapped in traffic.
The post Benin-Asaba Road: Umahi gives CCECC 14-day deadline as motorists lament gridlock appeared first on Premium Times Nigeria.
The Benin-Asaba corridor has recently witnessed severe traffic congestion and hardship for motorists, prompting the federal government to order emergency interventions and a review of road concession arrangements.
The post Umahi wants contractor arrested for failing to complete road despite receiving N14 billion appeared first on Premium Times Nigeria.
The Nigerian Electricity Regulatory Commission (NERC)’s dissolution of the Kaduna Electricity Distribution Company’s (KAEDC) board on August 10, 2026, is…
The post Kaduna DisCo Board Dissolution: A Cautionary Tale of Nigeria’s Electricity Privatisation first appeared on Africa’s premier report on the oil, gas and energy landscape..
The Federal Government has set its sights on securing Nigeria’s progression to emerging market status after FTSE Russell confirmed the country’s return to the frontier market classification.
FTSE Russell is expected to upgrade Nigeria from ‘unclassified’ to ‘frontier market’ status on September 21, 2026, restoring the country to the global index after its removal in 2023.
Reacting to the development on Friday, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, described the reclassification as an endorsement of the government’s economic reform programme and a fresh opportunity to attract international capital.
“The reclassification is an important validation of Nigeria’s reform trajectory and a foundation for the next phase of the country’s capital market development,” Oyedele said.
“It is a meaningful signal to global capital that our market is open, orderly and improving.”
Oyedele, however, said the frontier market classification should not be regarded as the final destination, stressing that the government’s objective was to build a deeper, more liquid and competitive capital market capable of achieving emerging market status.
“Our ambition remains to build a capital market that is deep, liquid and competitive enough to earn Emerging Market status in the near term,” he said.
The minister commended the Securities and Exchange Commission, Central Bank of Nigeria, Nigerian Exchange Group, Central Securities Clearing System and other market operators for their roles in restoring Nigeria’s standing with global index providers.
He said the progress reflected regulatory reforms, modernisation of market infrastructure and sustained engagement with international investors, adding that the government would continue working with market regulators to improve liquidity, participation and investor protection.
“The Ministry will continue to support policies that enhance the depth, transparency and global competitiveness of Nigeria’s capital market as a key pillar of the nation’s economic transformation agenda,” Oyedele said.
Nigeria was removed from the FTSE Frontier Market universe in September 2023 after challenges surrounding foreign exchange access and capital repatriation made it difficult for international investors to operate efficiently in the Nigerian market.
Although FTSE Russell announced plans to restore Nigeria’s classification in April 2026, the index provider subsequently suspended the process for further assessment, particularly over concerns surrounding Nigeria’s transition from a T+2 to T+1 settlement cycle.
Following its assessment and engagement with Nigerian market authorities, FTSE Russell said it found no material settlement, operational or funding issues associated with the implementation of the T+1 cycle, paving the way for Nigeria’s return to the frontier market index.
The post FTSE upgrade: Nigeria sets sights on emerging market status appeared first on The Sun Nigeria.
The Minister of Aviation and Aerospace Development, Festus Keyamo, has backed the proposal for a review of the Bilateral Air Service Agreement (BASA) between Nigeria and Germany.
This conversation took place when he received a delegation from the Lufthansa Group in his office in Abuja, with discussions centred on strengthening Nigeria-Germany aviation relations, the review and ratification of the existing BASA and plans by the German aviation group to further expand its operations in Nigeria.
The delegation comprised Alexandra Dietzen-Zill, Senior Manager, Aeropolitical Relations & Traffic Rights, Lufthansa Group, and Walid Mahmud, Sales Executive, Lufthansa Technik, Aero Alzey.
A major focus of the meeting was the existing BASA between Nigeria and Germany, which was signed in 2010. According to the delegation, the BASA is due for ratification and updating to reflect the current realities of the aviation relationship between both countries.
Speaking during the meeting, Dietzen-Zill commended the Minister for the significant reforms and initiatives being undertaken to reposition Nigeria’s aviation sector. She particularly highlighted Nigeria’s accession to and implementation of the Cape Town Convention, describing the development and other ongoing reforms as important steps in strengthening confidence in the Nigerian aviation market and recognising the country’s strategic position within the global aviation industry.
She noted that the Lufthansa Group remains interested in a stronger and more modernised aviation framework between Nigeria and Germany. According to her, the German Ministry of Transport is currently reviewing the existing BASA with a view to reaching a conclusion on its revision and eventual ratification.
The Lufthansa Group delegation also informed the Minister of plans to introduce Eurowings, another Lufthansa Group carrier, into the Nigerian market, with operations expected to commence next year. The airline, she explained, is expected to operate Boeing 737-series aircraft, further expanding air connectivity between Nigeria and Germany.
The discussion also provided an opportunity to explore broader areas of cooperation and the creation of a more conducive environment for sustained investment and airline operations.
Responding, the Minister welcomed the Lufthansa Group delegation and expressed appreciation for Lufthansa’s longstanding presence and strong operations in Nigeria.
The Minister reaffirmed the Federal Government’s commitment to creating an aviation environment that supports legitimate investment, promotes connectivity and encourages international airlines to deepen their operations in Nigeria.
Keyamo assured the Lufthansa Group representatives of his readiness to support the airline within the ambit of his mandate, noting that the Ministry remains open to constructive engagement with international aviation stakeholders seeking to expand their operations and contribute to the growth of Nigeria’s aviation sector.
He further stressed that the administration is committed to policies that enhance investor confidence, strengthen bilateral aviation relationships and position Nigeria as a leading aviation hub in Africa.
The post Nigeria-Germany’s 2010 BASA due for review, Keyamo says appeared first on The Sun Nigeria.
The Transmission Company of Nigeria (TCN) has declared Force Majeure on the 132kV Birnin Kebbi–Niamey Transmission Line after three transmission towers collapsed following heavy rain and windstorm at Chibike Village.
The post TCN declares Force Majeure as three towers collapse on Birnin Kebbi–Niamey line appeared first on Nairametrics.
