First HoldCo Plc hits ₦3.4trn gross earnings amid strategic balance sheet reset - ITREALMS

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First HoldCo Plc has announced its audited financial results for the full year ended December 31, 2025, revealing a 6.9% growth in gross earnings to ₦3.4 trillion compared to ₦3.2 trillion in the previous year, reports ITREALMS.

This performance was largely supported by a significant 36.8% surge in net interest income, which reached ₦1.9 trillion, driven by proactive asset repricing and enhanced yields. The Group’s total assets also saw a modest expansion of 2.7%, closing the year at ₦27.3 trillion, while customer deposits grew by 10% to reach ₦18.9 trillion, signaling sustained market trust and a stable funding base.

Canada–Nigeria technology partnership forum hits Lagos March 26: Building bridges in AI and cybersecurity — ITREALMS

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The Trade Commissioner Service (TCS) at the Deputy High Commission of Canada in Nigeria is set to host a high-level Canada–Nigeria Technology Partnership Forum on Thursday, March 26, 2026, at the Federal Palace Hotel, Victoria Island, Lagos, reports ITREALMS.

The forum is designed to be a strategic convergence point for technology leaders, innovators, systems integrators, and policymakers from both nations. The primary objective is to explore untapped commercial opportunities and deepen bilateral collaboration within the rapidly expanding digital economy.

Onne Customs hits 15.4% revenue growth, tackles documentation gaps @stakeholder engagement - ITREALMS

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The Port Harcourt Area II Command of the Nigeria Customs Service (NCS) has moved to streamline operations at Onne Port following revelations from its recent Time Release Study (TRS), reports ITREALMS.

During a high-level stakeholder engagement held on Tuesday, February 3, 2026, the Customs Area Controller, Comptroller Aliyu Mohammed Alkali, challenged port users on strict compliance with cargo documentation to eliminate avoidable delays in the supply chain.

NDPC hits global milestone: 23,000 jobs created, ₦7.2bn economic value generated - ITREALMS

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The Nigeria Data Protection Commission (NDPC) has attained significant global momentum by prioritizing the privacy rights of the nation's teeming population, reports ITREALMS.

This progress was detailed by the National Commissioner and CEO of the NDPC, Dr. Vincent Olatunji, during his virtual remarks at a media chat and capacity-building event held at the Marriott Hotel in Ikeja.

NNPC boost oil production as Utapate crude grade hits global market - ITREALMS

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...OML 13 asset eyes 80,000 bpd by end of 2025

The NNPC Ltd has officially unveiled the Utapate crude oil blend, before the international crude oil market, reports ITREALMS.

NNPCL, ITREALMS recalled had in July, 2024, alongside its partner, the Sterling Oil Exploration & Energy Production Company (SEEPCO) Ltd introduced the Utapate crude oil blend, following the lifting of first cargo of 950,000 barrels which headed for Spain.

Financial strain hits NNPCL over PMS supply costs, impacting sustainability - ITREALMS

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The NNPC Ltd has acknowledged recent reports in national newspapers regarding the company's significant debt to petrol suppliers, reports ITREALMS.

According to the Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, this financial strain has placed considerable pressure on the company and poses a threat to the sustainability of fuel supply.

Customs Area 11 Command Onne marks International Customs Day, hits 313bn revenue - ITREALMS

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The Nigeria Customs Service, Area II Command, Onne Port, Rivers State has joined Customs formations all over the World to mark the 2024, International Customs Day.

Speaking at the event, weekend in Port Harcourt, the Rivers state capital, the Customs Area Controller, Comptroller Baba Imam stated that the theme for the year 2024, "Customs Engaging Traditional and New Partners with Purpose" was chosen to highlight the importance of collaboration and cooperation between customs administrations, International organizations, private sector entities and other stakeholders.

2023: Customs Area 1, Port Harcourt's revenue hits N116.5bn - ITREALMS

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The Nigeria Customs Service, Area 1 Command Port Harcourt has generated the total sum of One Hundred and Sixteen Billion, Five Hundred Million, Nine Hundred and Thirty Thousand, Nine Hundred and Fifty-Eight Naira and Eighty-Four Kobo (₦116,500,930,958.84), as revenue collected in the year 2023, reports ITREALMS.

This disclosure was made by the Customs Area Controller, Comptroller Mustapha Hashim in a press statement issued, signed and made available to our correspondent by the Customs Public Relations Officer of the Command, Superintendent of Customs Oscar Ivara in Port Harcourt the Rivers State capital Wednesday.

NCC says telecom contribution to GDP hits 16% - ITREALMS

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As at the end of second quarter of 2023, the telecommunications sector's contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent, reports ITREALMS.

This is contained in the data reported by the Nigerian Communications Commission (NCC) based on the computation by the Nigeria Bureau of Statistics (NBS).

Scarcity of aviation fuel hits Arik, cancels flights

ITRealms:

The scarcity of aviation fuel has forced Arik Air to cancel flights in the last 48 hours across the country, reports ITRealms.

Passengers, who were not pre-informed of the cancellation flooded various airports across the country, especially in Lagos, Owerri, Port Harcourt and Abuja, with some returning home angrily.

ITRealms gathered that Arik passengers suffered yet another setback at the weekend as they witnessed other airlines landing and taking off without their experience tickets being useful at those moments.

For instance, at the Sam Mbakwe International Airport Owerri, passengers since Saturday morning were greeted with the announcement that their flights have been delayed by an hour before it was finally cancelled for the day.

This shows that there was no Arik flight from Owerri on Saturday, and when they were advised to head to Port Harcourt, it was later gathered by correspondent that even the Port Harcourt flights were cancelled due to non-availability of aviation fuel with a promise that there must be a flight Sunday, July 17, 2016.

ITRealms further gathered that on Sunday, those who on assembled at Port Harcourt International Airport from various surrounding airports were stunned to be informed barely an hour to the supposed afternoon flight from Port Harcourt that it has been cancelled, which forced some Arik passengers to take to the nearby motor park as some of them have to be at the office Monday morning.

As the news gained momentum at the airport, some Arik passengers left but were later informed that the initially cancellation was a ploy to reduce tension and discourage the teeming already disappointed passengers and a flight eventually took off from Port Harcourt.

Equally, Air Peace had some 30 minutes delay before taking off from Owerri on Saturday, which was later attributed to scarcity of aviation fuel.

In a Short Messaging Service (SMS) by Air Peace, “We apologize for your delayed flight which was due to scarcity of Jet A1 fuel,” part of the text message read.

+Remmy 

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