Business

By Ayo Kehinde The China Great Wall Industry Corporation (CGWIC) has threatened to suspend operations of Nigeria’s communications satellite, NigComSat-1R, over an outstanding debt of $11.44 million accumulated over the past seven years. The company gave Nigerian Communications Satellite Limited (NigComSat) 30 days to settle the debt or provide a legally binding guarantee, failing which it warned it would shut …

For the third time in a week, Dangote Petroleum Refinery has increased the gantry price for selling Premium Motor Spirit to N1,175 per litre. The refinery announced the new prices to marketers on Monday, raising the gantry price of Premium Motor Spirit by N180 to N1,175 per liter from N995 per liter announced on Friday, representing an increase of about …

PETROAN warns US-Iran war could push petrol price to N2,000/litre The Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) says the price of petrol in Nigeria could rise up to N2,000 per liter if the war in the Middle East persists. A statement signed on Monday, March 9 by Billy Gillis-Harry, national president of PETROAN, says the price of diesel …

The equity market opened the week well as investors gained N147 billion by the end of trading on Monday. This follows the soaring prices of shares such as Conoil, Legend Internet, and Omatek, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 197,196.97 points from 196,968.15 points on the previous trading day. After five …

The Adamawa State Government has introduced a 24-hour curfew in Lamurde Local Government Area following fresh outbreaks of violence reported in several communities. The directive was announced by Ahmadu Fintiri, governor of the state, through a statement released in Yola by his head of press office, Humwashi Wonosikou. According to the statement, the measure became necessary after new clashes disrupted …

Post views: 16 By Silvernews Heartland FC midfielder Francis Erikan has been named Imo SWAN Heartland FC Player of the Month for February 2026 after an outstanding start to his second spell with the club. The award, organized by the Sports Writers Association of Nigeria (SWAN), Imo State Chapter, was decided through a survey conducted among members of the …

By Maryam Ogunremi On Thursday, while I was doing the laundry, I took off the bedspread for a change and to clean it. I do this often to make sure my skin doesn’t come in contact with residual germs on a dirty bedspread. I mean, the economy is already tough enough to survive and adding medical bills or extra skin …

By Victor Osula, Abuja The Abuja Court of Appeal on Monday dealt a blow to the Aminu Turaki-led faction of the Peoples Democratic Party (PDP) by dismissing its appeal against the October 31, 2025 ruling of Justice James Omotosho of the Federal High Court, Abuja, which had restrained the Independent National Electoral Commission (INEC) from recognizing the outcome of the …

Vice President denies allegations of wrongdoing at NYSC and law school, insists on unproven allegations The Office of the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, has dismissed allegations regarding his participation in the National Youth Service Corps (NYSC) and attendance at the Nigerian Law School, describing the claims as unproven and politically colored narratives. …

Post views: 31 By SilverNews Members of the progressive Nationwide League One (NLO) club have congratulated the Chief Operating Officer of Nationwide League One, Dr. Olushola Ogunnowo, on the occasion of his birthday, commending his leadership and commitment to the growth of the league. In a message made available to journalists, the group, on behalf of its presidents and …