August 8, 2025
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Business

Kiin360 Business
Business Economy Leadership

SEC DG Joins World Leaders at 2025 Beijing Sustainability Conference, Reaffirms Nigeria’s Commitment to Global Standards

The Director General of the Securities and Exchange Commission (SEC) has joined other global leaders and key stakeholders at the 2025 Beijing International Sustainability Conference currently taking place in China. The high-level event, which brings together thought leaders, policymakers, and financial regulators from across the world, focuses on driving sustainable development and responsible investing in

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Business Petrol

NUPRC Set to Commence Real-Time Monitoring of Crude Oil Shipments

Abuja – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to begin the tracking of all crude oil cargoes leaving the country, in a move aimed at curbing oil theft, improving transparency, and safeguarding the nation’s most critical revenue source. The Commission made this disclosure on Thursday, stating that the initiative is part

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Business General

Lagos OTCI Convenes Strategic Roundtable to Streamline Trade Operations

Lagos, June 18, 2025 – In a bid to drive operational efficiency across trade-related government functions, the Office of Transformation, Creativity and Innovation (OTCI) has hosted a high-level Business Process Roundtable with trade officers from across Lagos State. The forum, held earlier this week at the state secretariat, brought together key officers for a robust

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Economy General Price Inflation

FG, State Governors Move to Eliminate Multiple Levies, Illegal Checkpoints Disrupting Food Supply Chain

Abuja, June 19, 2025 – In a renewed effort to tackle food inflation and enhance agricultural distribution across the country, the Federal Government and state governors have resolved to dismantle illegal checkpoints and eliminate multiple levies that have long hindered the smooth transportation of food items nationwide. The decision was reached during a high-level meeting

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Business Petrol

FG Welcomes Shell’s Renewed Commitment to Nigeria’s Energy Sector

Abuja, June 19, 2025 – The Federal Government has expressed strong approval of Shell’s renewed investment in Nigeria’s oil and gas industry, describing it as a tangible vote of confidence in the country’s reform agenda and energy potential. At a recent stakeholder meeting, Federal Government representatives lauded Shell’s Final Investment Decision on the deep-water Bonga

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Business Public Sector

Transmission Company Reveals N457 Billion Debt Owed by Electricity Sector Operators

Abuja, June 19, 2025 – The Managing Director of the Transmission Company of Nigeria (TCN) has disclosed that the company is currently owed a staggering N457 billion by various entities within the country’s electricity industry for services already rendered. This outstanding debt poses significant challenges to the company’s operational efficiency and infrastructure development plans. Speaking

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Business CBN

Access Bank Commits to Meeting CBN Forbearance Conditions by June 30, Pledges Continued Dividend Payments

Lagos, June 18, 2025 – Access Bank Plc has officially reaffirmed its commitment to fully comply with the Central Bank of Nigeria’s (CBN) forbearance conditions before the regulatory deadline of June 30, 2025, while also assuring shareholders of ongoing dividend payments. This announcement was made during a recent shareholders’ meeting where the bank’s management detailed

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Business Technology

Nigeria’s Space Industry Holds $1 Billion GDP Potential – ACCI

Abuja, Nigeria – June 18, 2025The Abuja Chamber of Commerce and Industry (ACCI) has projected that Nigeria’s emerging space industry holds the potential to contribute up to $1 billion to the national Gross Domestic Product (GDP), if properly harnessed. This was revealed during a recent stakeholders’ engagement session hosted by the ACCI in partnership with

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Business General

PZ Cussons Exits Nigerian Palm Oil Sector, Sells Entire Stake in PZ Wilmar to Wilmar International for $70 Million

PZ Cussons Plc has officially agreed to divest its 50 percent stake in PZ Wilmar Limited to its joint venture partner, Wilmar International Limited, in a transaction valued at $70 million. This move marks PZ Cussons’ complete exit from the Nigerian palm oil industry, which it helped establish back in 2010. The deal, pending regulatory

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Business Economy

Naira Strengthens Below ₦1,600/$ at Parallel Market as U.S. Dollar Loses Ground

Lagos, Nigeria – June 18, 2025The Nigerian naira continued its bullish momentum on Tuesday, appreciating to below ₦1,600 per dollar in the parallel market, as the U.S. dollar showed signs of weakening amid shifting global currency dynamics. Market sources revealed that the naira exchanged between ₦1,580 and ₦1,595/$, marking one of its strongest performances in

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