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62.5% rise in electricity sector debt threatens FG’s N1.2trn bond

62.5% rise in electricity sector debt threatens FG’s N1.2trn bond

By Obas Esiedesa Efforts by the Federal Government (FG) to address debts owed electricity generation companies (GenCos) may be facing increasing challenges as the debt burden rose 62.5% to N6.5 trillion at end 2025, up from N4trillion recorded at the beginning of the year. The government had flagged off the funding program through the issuance of N590 billion […]

Europe hits back at Trump’s tariff threat over Greenland

Europe hits back at Trump’s tariff threat over Greenland

By Nkiruka Nnorom, with agency reports European leaders yesterday slammed US President Donald Trump’s threat of tariffs over their opposition to his designs on Greenland, warning transatlantic ties were at risk. Several European countries — including Denmark, of which Greenland is an autonomous territory — emphasised they “stand united” against Trump’s vow on Saturday to […]

Troops destroy Boko Haram camps, repel armed drone attacks in Timbuktu Triangle

Troops destroy Boko Haram camps, repel armed drone attacks in Timbuktu Triangle

By Ndahi Marama, Maiduguri Troops of the Joint Task Force North East, Operation HADIN KAI (OPHK), have recorded major operational successes in the Timbuktu Triangle area of Borno State, clearing several Boko Haram and ISWAP terrorist camps and thwarting coordinated attacks by the insurgents. The latest achievements form part of the ongoing dry season offensive, […]

Vanguard Detty December