Police Inspector crushed by convoy in Enugu

Police Inspector crushed by convoy in Enugu

By Emma Nndozie A Police Inspector, Dr. Obodo Paul Ikechukwu, has reportedly died after he was involved in a fatal road accident allegedly involving a police convoy in Enugu State. The deceased, who hailed from Nkpologu in Enugu State, was serving in the Operations Department of the Enugu State Police Headquarters at the time of […]
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Shagari seeks stronger maritime capacity partnership at IMO Council meeting

Shagari seeks stronger maritime capacity partnership at IMO Council meeting

By Musa Ubandawaki, Sokoto LONDON — Chairman of the Governing Board of the National Inland Waterways Authority (NIWA), Mukhtar Shehu Shagari, has met with the President of the World Maritime University (WMU), Prof. Maximo Q. Mejia Jr., on the sidelines of the ongoing International Maritime Organization (IMO) Council meeting in London. The meeting focused on […]

Dollar to Naira exchange rate today, July 7, 2026

Dollar to Naira exchange rate today, July 7, 2026

The Nigerian naira traded with mixed performance against the United States dollar on Tuesday, July 7, 2026, as the official Nigerian Foreign Exchange Market (NFEM) remained relatively stable while the parallel market recorded a slight weakening.

Recapitalisation: Companies with outstanding claims will not be relicensed — NAICOM

Recapitalisation: Companies with outstanding claims will not be relicensed — NAICOM

By Rosemary Iwunze As the insurance recapitalisation deadline of July 31st 2026 draws near, the National Insurance Commission, NAICOM, has stated that it will not re-license any company with outstanding claims.  In a letter to all Managing Director/CEOs of insurance companies, issued yesterday, titled: “Regulatory Directive – Settlement of Discharged Claims as A Precondition for Re-Licensing […]

FG incurs N358.3bn electricity subsidy in Q1 — NERC

FG incurs N358.3bn electricity subsidy in Q1 — NERC

By Obas Esiedesa, Abuja The Federal Government (FG) incurred an electricity tariff subsidy obligation of N358.32 billion in the first quarter of 2026 as it continued to bridge the gap between cost-reflective electricity tariffs and the rates paid by consumers, according to the latest report by the Nigerian Electricity Regulatory Commission (NERC). The Commission, in its […]

Beta Glass injects N1tr into economy in 10yrs, unveils new board

Beta Glass injects N1tr into economy in 10yrs, unveils new board

By Jimoh Babatunde Beta Glass Plc says it has contributed over N1 trillion to Nigeria’s economy in the last 10 years, reaffirming its commitment to expanding investments, sustainable manufacturing and shareholder value. At its 52nd Annual General Meeting in Lagos, shareholders approved key resolutions, including the reconstitution of the Board of Directors. According to an independent […]

Dangote, major marketers cut petrol depot prices as FG mounts pressure

Dangote, major marketers cut petrol depot prices as FG mounts pressure

•IPMAN targets sub-N800/litre By Udeme Akpan &  Obas Esiedesa Nigeria’s downstream petroleum market witnessed another round of price reductions on Monday, with the Dangote Petroleum Refinery and several major fuel marketers lowering depot prices for Premium Motor Spirit (PMS), popularly known as petrol, and diesel. This development comes at the backdrop of pressures from the Federal […]

Stretford Hill to sponsor NBA Lagos Law Week 2026

Stretford Hill to sponsor NBA Lagos Law Week 2026

By Ayo Onikoyi Stretford Hill Limited has reaffirmed its commitment to strengthening Nigeria’s institutions by sponsoring the 2026 Nigerian Bar Association (NBA) Lagos Branch Law Week as a Bronze Sponsor, saying strong legal and regulatory systems are essential for sustainable infrastructure development. The conference, themed “Lawyering in the Digital Age: Navigating Technology, Justice & Innovation,” […]