Business

A Peoples Democratic Party leader and convener of The Alternative, Otunba Segun Showunmi, has called for more investment in professional communications training for government spokespersons following the controversy generated by a recent live broadcast interview between presidential aide Daniel Bwala and international journalist Mehdi Hasan. The interview, which has since circulated widely on social media, sparked debates among political observers …

By Victor Osula, Abuja The Police Service Commission (PSC) has promoted seven Assistant Inspectors General of Police (AIG) to the rank of Deputy Inspectors General of Police (DIG) as part of efforts to strengthen the leadership structure of the Nigeria Police Force. The promotions followed a merit-based process that considered seniority, service record and performance in both written examinations and …

Guards Brigade troops rescue 19 kidnapping victims and neutralize terrorists in FCT report The operation was launched following credible intelligence about the whereabouts of terrorists responsible for the recent abduction of residents in Byazhin area of ​​Bwari. The report states that troops of the 7 Guards Battalion, Nigerian Army Guards Brigade, in collaboration with elements of the Nigeria Police Force …

The Nigerian Electricity Regulatory Commission (NERC) said on Saturday Electricity Distribution Companies (DisCos) collected N207.49 billion from customers by December 2025. The Commission disclosed this in its December commercial performance fact sheet published on its website in Abuja. According to NERC, 11 electricity distribution companies billed consumers N258.66 billion during the month. “Of the amount billed, the company collected N207.49 …

The Naira depreciated further in the official market on Friday, trading at N1,393.25 against the US dollar. According to data released on the official website of the Central Bank of Nigeria (CBN), the Naira lost N5.80. This represents a loss of 0.4% compared to Thursday when the local currency was trading at N1387.44 against the dollar. Even the Naira, which …

The Central Bank of Nigeria (CBN) said on Friday that 30 banks had met the new capital requirements ahead of the March 31 deadline. This was disclosed by the Acting Director of Corporate Communications Development of CBN, Mrs. Hakama Sidi-Ali in a statement in Abuja. He said as of March 6, the banks had met the new minimum capital requirements …

Post views: 16 By Kennedy Onwunali Sports stakeholders in Imo State have called on Governor Hope Uzodimma to declare a state of emergency in sports venues following the disappointing performance of Team Imo at the recently concluded Niger Delta Games. The Imo team returned home with just five gold medals, raising concerns over the state’s sporting infrastructure. Experts and …

The Lagos State Police Command has refunded ₦150,000 to a woman who alleged that officers of the state tactical squad kidnapped her and two friends and demanded ₦800,000 for their release. The victim, Helena Nelson Ikoi, revealed the development on her Facebook page after she visited the police station with a friend, Jude, to meet the Divisional Police Officer (DPO) …

The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and reinforcing its commitment to building a strong, resilient and future-ready financial institution. This statement reflects the Bank’s adherence to regulatory requirements and its strategic focus on strengthening its capital base to support sustainable growth, innovation and …

Investors earned N2.67 trillion in the just ended trading week as the equity market recovered from last week’s bearish move. The market strengthened in four out of five trading sessions as equity capitalization increased to N126.4 trillion from N123.7 trillion recorded last week. The All-Share Index (ASI) appreciated by 2.16% closing the week at 196,968 from 192,826.78 recorded in the …