Business

Senator representing Edo North, Adams Oshiomhole, on Tuesday called on the Federal Government to revoke the operating licenses of MTN Nigeria and DStv in response to renewed xenophobic attacks on Nigerians in South Africa. Raising the issue during the plenary, Oshiomhole advocated a shift from diplomatic protests to what he described as decisive economic retaliation, insisting that Nigeria must adopt …

A major political realignment occurred in the House of Representatives on Tuesday when no fewer than 17 lawmakers formally defected from the African Democratic Congress (ADC) for the Nigerian Democratic Congress (NDC), significantly increasing the opposition party’s strength in the lower house of the National Assembly. The defections were announced in the House plenary, immediately attracting the attention of parliamentarians …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has allocated 61.9 million barrels of crude oil to domestic refineries in the first quarter (Q1) of 2026, against 68.7 million barrels offered by producers.The Commission made this known on Tuesday in its statistics on the implementation of the Domestic Crude Supply Obligation (DCSO) in accordance with the provisions of the Petroleum Industry …

Minister of Finance and Coordinating Minister for the Economy, Taiwo Oyedele, has revealed that Nigeria recorded GDP growth of 11.2% in dollar terms last year, a record he said strengthens the country’s ambition to achieve a $1 trillion economy by 2030. This was stated by Oyedele in a meeting with global investors in Paris, France which was also attended by …

An aggrieved employee, James Oketa, has sought damages of $22.3 million from his former employer, Super Engineering Company Limited, for what he described as the unlawful termination of his employment. Oketa, who worked with the company located in Ikorodu Industrial Area in Lagos, was reportedly sacked on December 5, 2024, after about 30 years of service. The company is said …

……. Rescue kidnapped victims By Salihu Pirkusu, Maiduguri Troops of the Joint Task Force (North East), Operation HADIN KAI (OPHK), have arrested two suspected terrorists identified as Haruna Adamu (32) and Ibrahim Adamu (20). Preliminary investigations indicate that the suspects fled from Zamfara State to Yobe State. In a related operation, troops of 254 Battalion Sector 2 Headquarters arrested a …

Arsenal striker Bukayo Saka scored the only goal as Arsenal beat Atletico Madrid to reach their second Champions League final on Tuesday night. Both teams went into the match feeling hopeful after a 1-1 draw in Madrid, but it was Arsenal who came through at the end of the match. In the 44th minute Jan Oblak fails to hold onto …

Electricity consumers across Nigeria paid a total of 196.68 billion naira for electricity in February 2026, despite continued complaints of poor and unstable electricity supply, latest data from the Nigerian Electricity Regulatory Commission (NERC) has revealed. The figure represents a decline of 3.9% from the 204.75 billion naira collected by electricity distribution companies (DisCos) in January, indicating a decline in …

By Victor Osula, Abuja A Federal Capital Territory High Court sitting in Abuja has awarded ₦100 million in damages against the Incorporated Trustees of the Socio-Economic Rights and Responsibilities Project, following a defamation suit brought by two officers of the Department of State Services over allegations relating to an alleged “invasion” of SERAP’s Abuja office in September 2024. In pronouncing …

Zekari Umoru, one of the defendants in the ongoing trial of six people accused of plotting a coup against President Bola Tinubu’s government, said Tuesday that he was deceived by his co-suspects. Umoru, an employee of Julius Berger Nigeria Plc in the maintenance department of the Presidential Villa, Abuja, made the request in a video shown before Justice Joyce Abdulmalik …