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DisCos raked in N204bn in January despite poor supply — NERC

DisCos raked in N204bn in January despite poor supply — NERC

By Obas Esiedesa Despite widespread blackouts recorded in January, 2026, electricity distribution companies (DisCos) collected N204.74 billion from customers, data from the Nigerian Electricity Regulatory Commission (NERC) has revealed.   Power supply across the country dropped drastically in December 2025 and this was compounded in January 2026 when gas suppliers cut supply to generation companies over $1.3 […]

Customs, PEBEC in joint strategy to strengthen port efficiency

Customs, PEBEC in joint strategy to strengthen port efficiency

By Godwin Oritse & Cynthia Alo The Nigeria Customs Service (NCS), in partnership with the Presidential Enabling Business Environment Council (PEBEC), has unveiled a results-driven reform agenda aimed at improving port operations and strengthening Nigeria’s trade competitiveness. The initiative was unveiled at the opening of a three-day operational workshop held in Apapa, Lagos on the theme […]

Electricity: NISO cuts transmission losses to 7.05%, pushes grid stability reforms

Electricity: NISO cuts transmission losses to 7.05%, pushes grid stability reforms

By Obas Esiedesa, Abuja The Managing Director of the Nigerian Independent System Operator (NISO), Abdu Mohammed Bello, has disclosed that transmission losses on the national grid have dropped significantly to 7.05 percent, from levels close to 10 percent recorded at the agency’s inception. Speaking at NISO’s first anniversary in Abuja, Bello said the reduction followed targeted operational […]

Oil slumps 14% to $94.41 per barrel on US-Iran ceasefire

Oil slumps 14% to $94.41 per barrel on US-Iran ceasefire

By Udeme Akpan The price of Nigeria’s Bonny Light crude has dropped by 14.2 per cent to $94.41 per barrel from $110 per barrel on Tuesday in the global oil market, following the announcement of a two-week ceasefire by Donald Trump. Iran also indicated it would ensure the safe passage of oil tankers through the Strait of […]

2027: Why Borno ADC adopted consensus to avoid factions — Musa Halilu

2027: Why Borno ADC adopted consensus to avoid factions — Musa Halilu

By Ndahi Marama, Maiduguri The National Congress Committee of the African Democratic Congress (ADC) has successfully conducted its Local Government Congresses in Borno State, with the committee chairman, Alhaji Musa Halilu Ahmed, hinted that the party adopted a consensus model to safeguard its internal unity. Speaking in Maiduguri, the state capital attracted R&B suite, Ahmed, […]

Foursquare church hosts ICML 2026, calls for prayer amid insecurity

Foursquare church hosts ICML 2026, calls for prayer amid insecurity

By Ebunoluwa Sessou The General Overseer of the Foursquare Gospel Church in Nigeria, Dr. Sam Aboyeji, has urged Christians to intensify prayers for peace and national security even as Christians and non Christians across the country are faced with insecurity challenges. Speaking at a press conference to herald the 2026 edition of the International Conference […]