Business

In a major political development, Senator Seriake Dickson, the lawmaker representing Bayelsa West in the Nigerian Senate, has resigned from the Peoples Democratic Party (PDP) and formally joined the Nigeria Democratic Congress (NDC). Dickson, former governor of Bayelsa State, made the announcement while addressing journalists in Abuja on Thursday. He described himself as “a man of conviction”, stressing that the …

Jaja and Jaji substations get upgraded power transformers – TCN The Transmission Company of Nigeria (TCN) said its Kaduna Region has received two 150 MVA 330/132/33 kV power transformers at Jaja Transmission Substation in Kudan Local Government Area and two 66 MVA 132/33 kV power transformers at Jaji Substation in Igabi Local Government Area, both in Kaduna State, Monday 2 …

Dangote Petroleum Refinery & Petrochemicals has reassured Nigerians of its continued commitment to serve as a stabilizing force amid recent shocks in the international oil market. Conflict in the Middle East has led to the closure of some refineries and reduced refinery production around the world. This is leading to a global shortage of petroleum products. China has already banned …

Senate Leader, Senator Michael Opeyemi Bamidele, has been appointed to lead the 57-member Ekiti State APC 2026 Governorship Campaign Council. The list of 57 members of the Campaign Council was released on Thursday in Ado-Ekiti in a statement signed by the Ekiti State APC Chairman, Barrister Sola Elesin. The list included prominent figures, leaders and party stakeholders in the 16 …

Post views: 56 By Victor Nwachukwu Federal Road Safety Corps (FRSC) Marshal Shehu Mohammed has issued a stern warning to officers, saying discipline and professionalism are non-negotiable between commands. Speaking in Owerri on Tuesday, Mohammed formally laid out his mandate, clarifying expectations, addressing operational gaps and calling for strict ethical compliance across the force. Represented by the Corps Commander, …

The equity market recovered from yesterday’s slump as investors gained N220 billion by the end of trading on Thursday. This follows the soaring prices of shares such as Eterna, NPF Microfinance Bank, and Premier Paints on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,807.15 points from 196,463.22 points on the previous trading day. After five …

By Ayo Kehinde In January 2026, Nigerian states recorded a significant increase in their share of value-added tax (VAT) revenue, receiving a total of approximately ₦551 billion. This sharp increase followed the implementation of new tax laws that changed the VAT distribution formula between levels of government. The development marked the first full month that the revised revenue sharing agreement …

Lawmakers praise telecom sector’s progress as NCC defends ₦472 billion budget proposal for 2026 The National Assembly’s Joint Committee on Communications has commended the Nigerian Communications Commission (NCC) for the growth of the telecommunications sector as lawmakers approve the 2025 budget performance. Meanwhile, NCC has proposed a ₦472 billion budget for 2026. During a joint budget defense session of the …

These are sad times. Who could have believed that after the United States and its allies destroyed Iraq in search of “weapons of mass destruction” and found none, history would repeat itself as a farce?In neighboring Iran, 35 years after Operation Desert Storm, the United States launched a war with consequences, only this time without even the formality of UN …

Post views: 26 By Akila Matawal When Governor Umo Eno sent the list of commissioner candidates to the Akwa Ibom State Assembly for consideration, one name stood out: Elder Paul Bassey. The inclusion of the veteran sports journalist and accomplished football administrator was greeted with applause by those who mean well for the sports development of Akwa Ibom, and …