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NIWA intensifies waterways safety campaign as floods threaten communities

NIWA intensifies waterways safety campaign as floods threaten communities

By Providence Ayanfeoluwa The National Inland Waterways Authority (NIWA) has intensified its marine safety and environmental protection campaign across waterfront communities in the Federal Capital Territory (FCT) as rising water levels during the peak of the raining season heighten the risk of accidents and pollution. The Abuja Area/Liaison Office of the Authority took the campaign to […]

PDP confident of Kaduna victory in 2027 — Chairman

PDP confident of Kaduna victory in 2027 — Chairman

By Ibrahim Hassan-Wuyo KADUNA — The Kaduna State chapter of the Peoples Democratic Party (PDP) has expressed confidence in its ability to win the 2027 general elections in the state, despite the political challenges confronting the party. The state Chairman of the party, Chief Edward Percy Masha, stated this on Tuesday during the PDP Zone […]

AMATO warn truckers over rickety, unsafe trucks

AMATO warn truckers over rickety, unsafe trucks

By Godwin Oritse The Association of Maritime Truck Owners (AMATO) has warned truckers against deploying rickety trucks without the necessary safety features, stressing that compliance with prescribed safety standards is essential for safe and efficient truck operations. In a statement, AMATO President, Remi Ogungbemi, said the association had observed that some trucks operating within the maritime […]

Interest rate to remain high amid inflationary pressures — United Capital

Interest rate to remain high amid inflationary pressures — United Capital

By Peter Egwuatu United Capital Plc, has indicated that interest rate in Nigeria is expected to remain high at the backdrop of inflationary pressures in the second half of 2026 H2’26. Speaking at its investor relations roundtable, held in Lagos, with the theme: “Decoding performance insights into United Capital Growth Drives and outlook”, the company’s Group […]

FCCPC seeks uniform consumer protection as states open electricity markets

FCCPC seeks uniform consumer protection as states open electricity markets

By Progress Godfrey The Federal Competition and Consumer Protection Commission (FCCPC) has called for stronger collaboration among electricity sector regulators to ensure uniform consumer protection and regulatory certainty. The call comes at the backdrop of decentralization of electricity and establishment of electricity markets at sub-national levels along with creation of regulatory systems by state governments. Executive […]

Dollar to Naira exchange rate today, August 4, 2026

Dollar to Naira exchange rate today, August 4, 2026

The naira traded around the ₦1,368 level against the United States dollar at the official Nigerian Foreign Exchange Market (NFEM) on Tuesday, August 4, 2026, while the parallel market continued to quote the dollar above ₦1,400.

Banks’ deposits rise 670% to N83.95trn

Banks’ deposits rise 670% to N83.95trn

•As borrowings drop By Elizabeth Adegbesan Banks’ deposits in the Central Bank of Nigeria, CBN, Standing Deposit Facility, SDF, recorded a sharp increase by 670.2 percent year-on-year (YoY) to N83.95 trillion in July 2026 from N10.9 trillion in July 2025. On the other hand banks’ borrowing from the apex bank’s Standing Lending (SLF) fell by 82 […]

Illegal Mining: Bincike International warns of revenue loss, environmental destruction

Illegal Mining: Bincike International warns of revenue loss, environmental destruction

ABUJA — Bincike International has raised alarm over the growing threat posed by illegal mining activities across Nigeria, warning that unregulated mineral extraction is depriving the country of revenue, destroying ecosystems and exposing vulnerable communities to exploitation. The organisation, in a statement, called for urgent national action to address what it described as the systemic […]

NMA BOT charges Enugu exco on professionalism, ethical standards

NMA BOT charges Enugu exco on professionalism, ethical standards

By Dennis Agbo The Chairman of the Board of Trustees (BOT) of the Nigerian Medical Association (NMA), Enugu State Branch, Prof. Sam Ohaegbulam, has charged the newly elected executive of the association to uphold high standards of professionalism and medical ethics in the discharge of their duties. Ohaegbulam gave the charge after Dr. Chima Emmanuel […]