Geregu Power bond default rattles investors as earnings plunge 88%

By Udeme Akpan, Energy Editor Investors in Geregu Power Plc are facing renewed concerns over the company’s financial position after it defaulted on its N40.09 billion Series 1 Senior Unsecured Bond, missing both its eighth semi-annual coupon payment and scheduled fourth principal repayment. The default was disclosed in an updated listing status published by FMDQ […]
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Why Igbo youths shun military service, says Intersociety

By Jeff Agbodo ENUGU — The International Society for Civil Liberties and Rule of Law, Intersociety, has attributed what it described as the reluctance of some Igbo youths to enlist in the Nigerian military to concerns over the alleged disappearance of young people in the South-East. Intersociety, in a report jointly released with the United […]

‘Cheap product’, Babachir Lawal mocks Atiku’s presidential bid

..Slams ADC, threatens legal action over Adamawa candidate substitution By Omeiza Ajayi ABUJA — Former Secretary to the Government of the Federation, SGF, Babachir Lawal, has criticised the presidential candidacy of former Vice President Atiku Abubakar under the African Democratic Congress, ADC, while also faulting the party’s handling of its Adamawa State governorship primary. Lawal […]

APC uploads all 2027 candidates ahead of deadline — Yilwatda

“The APC has once again demonstrated that we are prepared for the responsibility of governing Nigeria. We did not wait until the last minute. We planned ahead, coordinated our structures and ensured that our candidates were successfully uploaded before the expiration of the original deadline”.

MTN confirms 25GB free data, warns subscribers against fake links

By Juliet Umeh LAGOS — MTN Nigeria has warned subscribers against fraudulent platforms and links offering fake 25GB anniversary giveaways, even as the telecommunications company confirmed that the 25GB data reward is genuine. The warning followed the circulation of messages and links on social media and other online platforms claiming to offer subscribers free 25GB […]

How technology enabled customs transformation — Adeniyi

By Emma Ujah, Abuja Bureau Chief ABUJA — The Comptroller-General of Customs, Mr Adewale Adeniyi, has attributed the transformation of the Nigeria Customs Service (NCS) to the deliberate deployment of technology across virtually every aspect of Customs administration. Adeniyi spoke during a two-day retreat between the NCS and the Senate Committee on Customs and Excise […]

Padded budget, wasteful expenditures fuelling insecurity – Atiku

…Says, with 5,091 killed in 3 months, Tinubu”s scorecard soaked in blood By Omeiza Ajayi ABUJA: Former Vice President Atiku Abubakar has blamed padded budgets and wasteful government expenditure for Nigeria’s worsening insecurity, describing reports that 5,091 Nigerians were killed in violent incidents across the country within three months as a damning scorecard on the […]

19-year-old struck dead by lightning in Enugu community

By Alumona UkwuezeNSUKKA —-A 19-year-old man, Chukwujekwu Eyah, has reportedly been struck dead by thunder while sleeping with four other boys at his maternal grandmother’s residence. The death occurred in Ogboli, Ugbaike, Enugu Ezike, Igbo-Eze North Local Government Area of Enugu State. The incident reportedly occurred at about 1 a.m. on Monday, with Eyah dying […]

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