Business

Adedibu said Nigeria’s electricity supply would improve in two weeks

The Minister of Power, Adebayo Adelabu, on Tuesday assured Nigerians that electricity supply would increase within two weeks. He also apologized to citizens for the epileptic electricity situation currently occurring in his country. Adelabu briefed journalists in Abuja on the state of the power sector since he took office in October 2023. He said: “With the committee we have set …

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Otti delivers, Sanusi chairs 2026 TheNiche Lecture

All is now set for TheNiche Annual Conference 2026. This year’s edition, which will be the fifth in the series, will be held on Thursday 23 April at the Nigerian Institute of International Affairs (NIIA), Kofo Abayomi Street, Victoria Island, Lagos. The event will begin at 10:00 am. On Tuesday, a statement by the CEO and Editor-in-Chief of TheNiche, an …

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NGX: Equity markets recover as investors gain N1tr

investors in the Nigerian equity market earned N1 trillion at the close of trading on Tuesday. This follows a surge in the prices of shares such as Airtel Africa, Consolidated Hallmark and John Holt, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 200,705.88 points from 199,014.02 points on the previous trading day. After …

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FIBA Supports Kida-led NBBF Board Sets October 2026 Election Timeline

Post views: 27 By Silvernews The International Basketball Federation (FIBA) has moved to resolve the ongoing leadership dispute within the Nigeria Basketball Federation by officially recognizing the Ahmadu Musa Kida-led council and outlining a clear timetable for fresh elections. In a letter dated March 16, 2026, signed by FIBA ​​General Secretary Andreas Zagklis, the world basketball body said the …

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Alleged real estate syndicate in new fraud petition, accused of midnight invasion in Lagos

A Lagos-based real estate syndicate, allegedly led by Lawrence Onwukwem and Isaiah Ijele, has been dragged into fresh controversy following a petition accusing the group of fraud, illegal eviction and violent intimidation, even as key members remain in hiding following a court conviction. The syndicate, which reportedly operates under the name Green Birch Tech Limited, along with partners Davies Ijele, …

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OPS and NLC Raise Alarm as Oil Nears ₦1,400, Call for Urgent Action FG – THIS UPDATE

By Ayo Kehinde The organized private sector (OPS) and the Nigeria Labor Congress have called for urgent government intervention as petrol prices rise towards ₦1,400 a liter in parts of Nigeria, raising concerns about inflation, job losses and potential business closures. The latest increase follows subsequent price increases by the Dangote oil refinery, which recently increased its ex-depot price to …

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The Sportsville Award has a new date

The organizers of the annual Sportsville Special Recognition Award have announced a new date for this year’s edition.The new date is April 3, 2026 versus the previously advertised date of March 28.The postponement, according to a statement released by Sportsville CEO, Frank Ilaboya, is to allow full participation following the engagement of some awardees and dignitaries in the nation’s capital …

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FUEL PRICE RISE: Dangote suggests how businesses can address it

Chairman and CEO of Dangote Group, Aliko Dangote, has provided advice on how businesses can overcome the increase in prices of fuel products caused by the crisis in the Middle East region. He spoke on Monday after meeting with President Bola Tinubu at the president’s Ikoyi private residence in Lagos. He suggested that the business world could adopt the strategies …

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OPINION: AFCON 2025: Football like politics

From Maryam Ogunremi For days I have been thinking about the CAF appeals commission’s decision to deprive Senegal of its championship at the 2025 AFCON, which took place in Morocco. I know it’s coming a few days later, but I just can’t get over it. Much has been said by experts and those of us who are just lovers of …

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