Business

Last week was extremely significant in the contemporary history of Nigeria. The cheers resulting from the announcement of Executive Order 9, aimed at curbing opacity in the operations of the Nigerian National Petroleum Corporation and instilling transparency and accountability, had barely died down when President Bola Tinubu made two more major decisions in quick succession. The President appointed Olatunji Disu, …

SWAN congratulates the Nigerian Aquatic Federation on the passing away of President Dunkwu The Sports Writers Association of Nigeria (SWAN) has commiserated with the Nigeria Aquatics Federation (NAqF) over the demise of its President, Mr Chamberlain Nnamdi Dunkwu, on Saturday. In a letter of condolence signed by the General Secretary of the Association, Amb. Ikenna Okonkwo, addressing the NAqF Executive …

In the last 24 hours social media has exploded due to my interview with Mehdi Hassan, albeit with different opinions. I would like to set the record straight. When I accepted the privileged position granted to me by Mr. President, I was well aware of its implications. Selling ice cream, looking good and seeking the praise of men were never …

Post views: 27 Barau FC captain Usman Maidubji has paid glowing tributes to Kano Pillars ahead of the crunch derby scheduled for Sunday at the Sani Abacha Stadium in Kano. Maliya Boys will take on Sai Masu Gida’s side in a matchday 29 fixture of the Nigeria Premier Football League, NPFL, and are looking forward to extending their impressive …

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 …