Business

Prof Amadi, civil society organizations call for independent investigation into Akwa Ibom-Cross River oil well crisis …Let’s say Nigeria loses 780 hectares of maritime territory By editor A coalition of 46 civil society organizations under the Center for Credible Leadership and Citizen Awareness (CCLCA) has called for a presidential special investigative team to look into the loss of about 780 …

For generations, millions of Nigerians have relied on informal group savings plans known by different names across the country: ajo in Yoruba communities, esusu in parts of the southwest and adashe in the north. The concept is simple: a group of people periodically contribute a fixed amount and each member receives the collective sum when it is their turn.The system …

The crisis rocking the opposition Peoples Democratic Party (PDP) may be heading towards a political truce as a faction within the party has expressed willingness to reconcile with the camp loyal to Federal Capital Territory Minister Nyesom Wike, while insisting that the party must field a presidential candidate in the next general elections. The development comes amid deepening divisions within …

By Joseph Amedu, Lokoja The Kogi State Government has expressed satisfaction over the successful renovation of the LGEA Demonstration Nursery/Primary School, Onyunkoko in Okene Local Government Area, describing the project as another clear demonstration of the Ododo administration’s commitment to providing a modern and stimulating learning environment for pupils across the state. The state Commissioner for Information and Communications, Kingsley …

Investors in the Nigerian equity market earned N541 billion at the close of trading on Thursday. This follows a surge in the prices of shares such as Presco, UACN, and Morison, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,908.76 point of 125,857.53 points recorded on the previous trading day. After five hours …

Troops neutralize over 20 terrorists and foil coordinated attacks in Yobe Troops of the Joint Task Force (North-East), deployed in Goniri, OPHK Sector 2, have successfully foiled coordinated attacks launched by ISWAP terrorists on their position in Goniri, Yobe State, killing over 20 terrorists. The attacks occurred from the night of Monday 9 March 2026 until the early hours of …

The Federal High Court, Abuja, on Thursday, gave the green light to the Independent Corrupt Practices and Other Related Crimes Commission (ICPC) to access and analyze electronic devices recovered from the residence of former governor Nasir El-Rufai of Kaduna State. Justice Joyce Abdulmalik granted the order following an ex parte motion made to that effect by ICPC lawyer Osuobeni Akponimisingha. …

Daud Olatunji A 40-year-old woman, Mutiat Olateju, who gave birth to quadruplets at the Federal Medical Centre, Abeokuta, Ogun State, has appealed to the state government and well-meaning Nigerians for support in caring for the newborns. Olateju made the appeal on Thursday while speaking to journalists at the hospital, a day after delivering the babies via surgery at the tertiary …

By Ayo Kehinde According to the latest data from the Organization of the Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production fell to 1.31 million barrels per day (bpd) in February 2026, representing a 10.7% decline from 1.45 million bpd in January. OPEC confirmed that the February production data was obtained through direct communication with Nigerian authorities. The drop means …

TCN removes encroachments on the Ihovbor-Ajaokuta 330 kV line The Transmission Company of Nigeria (TCN), Benin Region, recently carried out a clearance operation to remove structures encroaching on the 330 kV Ihovbor-Ajaokuta transmission line in Ihovbor community, Edo State. The activity took place from Wednesday 18 February to Friday 20 February 2026. The two-day operation aimed to reclaim TCN’s right …