Just in: Three Katsina PDP Reps defect to APC

By Gift ChapiOdekina, Abuja Three members of the House of Representatives from Katsina State elected on the platform of the Peoples Democratic Party (PDP) formally announced their defection to the ruling All Progressives Congress (APC). The announcement was made during plenary at the National Assembly in Abuja and was read out by the Speaker of […]
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Ondo: Self-acclaimed monarch, four others arrested over illegal installation

— To be arraigned in Court By Dayo Johnson, Akure Police detectives in Ondo State have arrested Adekolajo Aladeseyi, a self-acclaimed traditional ruler, for allegedly installing himself as the Olujare of Ijare in the Ifedore Local Government Area without proper authorization. Aladeseyi was arrested alongside four other chiefs on the orders of the state government. […]

Low crude prices, competition force drop in petrol prices

By Udeme Akpan, Energy Editor Downstream sector operators have adjusted the prices of Premium Motor Spirit (PMS), also known as petrol, and other petroleum products due to the continued fall in crude oil prices. The downward adjustments, Vanguard gathered, was also driven by competition as local producers battle imported products. According to Petroleum Price NG, Nipco […]

Reps panel probes N200bn loan to DISCOs

The House of Representatives is to investigate the disbursement and utilisation of the N200 billion Central Bank of Nigeria (CBN) loan for the National Mass Metering Programme (NMMP) to Electricity Distribution Companies (DISCOs) The Chairman of the Committee, Rep. Uchenna Okonkwo (LP-Anambra) made this known in a statement issued on Wednesday in Abuja, adding that […]

Nigerian CEOs optimistic about 2025 economic outlook  — PwC

PwC Nigeria, world’s leading financial and management firm, has said that 61 per cent of Nigerian CEOs expect global economic growth to improve while 64 per cent anticipate positive shifts in Nigeria’s economy in 2025. The PwC disclosed this when it released the Nigerian findings of its 28th Annual Global CEO Survey, offering insights into business […]

Buni visits 27 Task Force Brigade in Buni Gari, supports families of fallen heroes

By Ndahi Marama, Damaturu Yobe State Governor Hon. Mai Mala Buni on Thursday visited the Headquarters of the 27 Task Force Brigade, Buni Gari, to sympathise with the formation over the recent attack by insurgents. Governor Buni described as unfortunate the resurgence of insurgency and the attack on security formations. The Governor commiserated with the […]

Pension funds’ investment in private equities rises 299%

By Rosemary Iwunze In search of better returns on investment, pension fund investment in private equity in Nigeria grew by 298.7 per cent in the last five years to N155.8 billion in 2025 from N39.08 billion in 2021.  Data released by Pension Fund Operators Association of Nigeria, PenOp, show that after a 9.8 percent decline in […]

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