NERC sacks Kaduna DisCo’s board over N456bn debt, appoints interim administrator
The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution Company (KAEDC) and appointed its Managing Director/Chief Executive Officer, Dr. Abubakar Umar Hashidu, as administrator for an initial six-month period, citing severe financial, operational and regulatory failures.
Police stop church service in UNICAL over violence
The Police in Cross River haVE intervened in a conflict at the Chapel of Redemption, University of Calabar (UNICAL), quelling a Sunday service standoff to prevent bloodshed.
Nigerian newspapers review: Only 6 banks pay N1.27trn dividends despite huge profits
In today’s Nigerian newspapers review programme, Today in the News, Vanguard’s lead headline states that only six banks paid N1.27 trillion in dividends despite declaring huge profits.
Nigeria’s refineries were shut down because they were bleeding, not broken — PENGASSAN
*Adds policy u-turns threaten oil industry By Victor Ahiuma-Young The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has given the real reasons Nigeria’s government-owned refineries were shut down, saying the facilities were losing money rather than simply being incapable of functioning. The President of PENGASSAN, Festus Osifo, in a chat with journalists […]
No backdoor meeting can halt Rainbow Coalition, CRP tells Nunieh, others
Concerned Rivers People (CRP) has said alleged meetings involving former Managing Director of the Niger Delta Development Commission (NDDC), Mrs Joy Nunieh, Gabriel Pidomson and Dumo Lulu-Briggs will not affect the Rainbow Coalition. The group, in a statement signed by its Publicity Secretary, Sunny Nwagbo, on Sunday, alleged that Nunieh held a meeting with Pidomson […]
2027: SDP’s Adamu promises issue-based campaigns, rejects campaign of calumny
According to him, former IGP Adamu has gathered so much grassroots support across the State because of his pedigree, which has placed him ahead of other contenders in the race.
‘I’ve never slept with another woman since I married my wife – Aregbesola
Aregbesola made the disclosure while addressing supporters at an ADC rally in Ejigbo Local Government Area of Osun State ahead of the August 15 governorship election.
$1trn economy: NACCIMA woos Chinese investors to boost industrialisation
By Yinka Kolawole The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has announced the third edition of its Business and Investment Forum in Guangzhou, China, as part of efforts to attract sustainable foreign direct investment (FDI) and support the Federal Government’s ambition of building a $1 trillion economy by 2030. The forum, […]
New tax law yet to end multiple levies — MAN
The Manufacturers Association of Nigeria (MAN) has said manufacturers are yet to enjoy relief from multiple taxes and levies despite the enactment of the Nigeria Tax Act 2025. The association disclosed this in its Manufacturers CEO Confidence Index (MCCI) report for the second quarter of 2026, noting that manufacturers continued to grapple with multiple tax collectors […]
Ukraine drone strike kills 12, wounds 39 in central Russia
A Ukrainian drone strike on the central Russian region of Tatarstan killed at least 12 people in one of Kyiv’s most deadly single attacks of the more than four year war.
Taraba Govt dismisses ₦N1.2trn debt claims
Adi said that the latest data from the Debt Management Office (DMO), Taraba’s domestic debt stood at N85.51 billion as of Dec. 31, 2025.
