By Dapo Akinrefon ABUJA—A Federal High Court judgment affirming the Federal Competition and Consumer Protection Commission’s, FCCPC, authority to regulate Nigeria’s airtime lending market, while holding that telecommunications licensing remains the responsibility of the Nigerian Communications Commission, NCC, has sparked fresh debate among industry stakeholders. Lawyer Ilemona Onoja said the ruling raises questions about the […]

Members of the Lagos State House of Assembly Committee on Local Government Administration, Chieftaincy Affairs and Rural Development have commended the Chairman of Ojodu Local Council Development Area, LCDA, David Odunmbaku, for what it described as a remarkable transformation of the council through infrastructure development projects and improved service delivery.

Managing Director/Chief Executive Officer of Transcorp Energy Limited, the integrated energy development and services subsidiary of Transnational Corporation Plc, Chris Ezeafulukwe, has said that Nigeria’s immediate priority should be energy sufficiency rather than energy transition,….

AKURE — THE BTO Renewed Hope Group, yesterday, dismissed allegations by a former Commissioner for Energy and Mineral Resources in Ondo State, Mr Razak Obe, that the Minister of Interior, Dr Olubunmi Tunji-Ojo, is responsible for the crisis within the All Progressives Congress, APC, in the state. The group, in a statement by its Secretary, […]

Chief Daniel Omoyibo, Managing Director of Danmotech Nigeria Limited and Dantinajo Hotel & Resorts, has donated an additional N50 million towards the completion of the house project of Chief Hon. Godday Excellence Igorigo, bringing his total contribution to N70 million. The latest donation follows an earlier contribution of N20 million made by the businessman to […]

The Economic Community of West African States, ECOWAS, has reaffirmed its commitment to launching the long-awaited single regional currency, the ECO, in 2027. According to the regional body, this is a major step towards deeper economic integration, stronger regional trade and sustainable growth across West Africa. The decision was one of the major outcomes of […]

By Cynthia Alo Nigeria risks losing hundreds of millions of dollars in potential carbon credit earnings to foreign consultants and technical experts unless it urgently develops the skilled workforce needed to participate in the rapidly expanding global carbon market, a climate finance expert has warned. The warning comes at a time when carbon credits are […]

…Nigerian farmers losing out in $284b global cocoa marketBy Cynthia Alo Nigeria’s inability to develop a strong agricultural value chain may be denying farmers the opportunity to benefit from Cocoa and Coffee exports leaving many producers earning a fraction of revenue from the global market. This concern was raised by the Global President of the […]

By Olasunkanmi Akoni The Lagos State Health Management Agency, LASHMA, in its drive to ensure that vulnerable residents in the State, have access to quality and equitable healthcare, has launched a two-day EKO Social Health Alliance, EKOSHA, community storm at Badagry Division in collaboration with Health District V and DIDE Foundation The Permanent Secretary, LASHMA, […]

•Offers 37 blocks to investors, targets 500m barrels reserve addition Why 13 blocks returned to basket, NUPRC By Udeme Akpan & Obas Esiedesa The Federal Government yesterday said the ongoing 2025 Licensing Round is expected to deliver an additional 300,000 barrels per day (bpd) of crude oil and condensate production within three years Speaking at the […]

By Nkiruka Nnorom with agency report Nearly 100 US service members have been injured over the last two weeks of escalating strikes on Iran, the Pentagon has said. This is even as Tehran launched a wave of reprisals to the tenth consecutive night of attacks.President Donald Trump vowed to take care of the Houthi rebels […]

Former Assistant Director of the Department of State Services, Dennis Amachree, has described the regime of late military Head of State, late Gen. Sani Abacha, as one of “extreme authoritarianism and brutal repression.” The retired intelligence officer added that Abacha’s regime was marked by widespread human rights violations and political persecution. Amachree made the remarks […]

By Demola Akinyemi, Ilorin President Bola Ahmed Tinubu has approved the establishment of a new Nigerian Army battalion in Omu-Aran, Irepodun Local Government Area of Kwara State, as part of efforts to strengthen security in the state. The development was disclosed in a statement issued by the Deputy Chief Press Secretary to the Kwara State […]

By Nkiruka Nnorom LAGOS—Vice President Kashim Shettima has said Nigeria cannot achieve its $1 trillion economy target on the shaky terrain of weak compliance, regulatory laxity and ethical ambivalence, declaring that only a bedrock of flawless corporate governance could sustain the nation’s economic ambition. Speaking at the 3rd National Corporate Governance Summit organised by the […]

•Says banks no longer need forbearance •External reserves sustains upward trend, hit $52.5bn By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 per cent. CBN Governor, Mr. Olayemi Cardoso, announced the decision yesterday after the 306th Monetary Policy Committee (MPC) meeting in Abuja. He […]