Energy

FG Sets Up Inter-Ministerial Committee to Deliver Reliable Power to Health Facilities Nationwide

The Federal Government inaugurated an Inter-Ministerial Steering Committee (IMSC) for the Nigeria Power-for-Health Initiative (NPHI), a major step towards ending chronic power shortages...

Nigeria Offers Protection To Guinea-Bissau Presidential Candidate Amid Threats

The Federal Government of Nigeria has granted temporary asylum to Guinea-Bissau’s opposition presidential candidate, Fernando Dia Da Costa, providing him protection within the...

Breaking: Nigeria’s Defence Minister Resigns Amid Rising Insecurity

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s Minister of Defence, Alhaji Mohammed Badaru Abubakar, on Monday tendered his resignation  with immediate effect. In a letter dated December...

U.S. Embassy Delegation Meets Tinubu’s SSA, On Middle Belt Peace Efforts

The U.S. delegation from the Embassy of the United States of America in Nigeria has expressed strong interest in understanding the underlying drivers...

News

Oyebanji Re-Nominates Former Cabinet Members Ahead Of 2026 Ekiti Governorship Election

BY EBERE MADUEKE—Ekiti State Governor, Biodun Oyebanji, has re-nominated all former members of his cabinet—including commissioners and special advisers recently relieved of their...

News

Jerry Gana @80: His Dedication to Nation Building, Democratic Consolidation Instructive – Information Minister

It is with great pleasure that I join family, friends, colleagues, and well-wishers across Nigeria and beyond in celebrating an exceptional statesman, scholar,...

News

Presidency Blames Obasanjo for Roots of Nigeria’s Insecurity, Rebukes Call For Foreign Intervention

The Presidency on Sunday said that some of the failures of former President Olusegun Obasanjo’s administration are partly responsible for the insecurity Nigeria...

Outstanding Performance Earns Veritas Kapital 2025 PEARL Turnover Growth Award

Leadway Assurance Join Forces With AGRA, NADF, Verdure Climate To Strengthen Protection For Farmers

Travel Festival By Heirs Insurance Sets New Benchmark For Inclusive Tourism In Africa

Sovereign Trust Insurance PLC Set for N5bn Capital Injection Following Board Approval

Sovereign Trust Insurance Announces  Exit Of Three Directors 

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Energy

FG Sets Up Inter-Ministerial Committee to Deliver Reliable Power to Health Facilities Nationwide

The Federal Government inaugurated an Inter-Ministerial Steering Committee (IMSC) for the Nigeria Power-for-Health Initiative (NPHI), a major step towards ending chronic power shortages...

Dangote Refinery Targets 1.5bn Litres Of PMS Monthly To Stabilise Fuel Supply

BY OUR REPORTER—Dangote Petroleum Refinery has announced plans to supply one billion five hundred million litres of Premium Motor Spirit (PMS) monthly to...

NNPC/Heirs Energies Drives Domestic Gas Growth with 135m Per Day Production Increase

In what is considered as a breakthrough in Nigerian oil sector, The NNPC/Heirs Energies OML 17 Joint Venture (JV) disclosed that it has...

Dangote Selects U.S. Honeywell For Refining Expansion 

Dangote Petroleum Refinery on Tuesday announced that it has picked  US-based Honeywell as its strategic partner to support its plan to double capacity...

NNPCL Declares ₦5.4 Trillion Profit After Tax

BY NKECHI NAECHE-ESEZOBOR— NNPC Limited has released its financial statement  for the full year ended 2024,  reporting a Profit After Tax of ₦5.4...

NNPC/Seplat JV Commissions, Hands Over Power System/Underground Cabling Project to NCDMB

The NNPC/Seplat Joint Venture commissioned and formally handed over a fully integrated Power System and Underground Cabling Project to the Nigerian Content Development...

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FG Targets Affordable Housing Boost Through SEC–FMBN Non-Interest Mortgage Collaboration

BY NKECHI NAECHE-ESEZOBOR—In a significant move aimed at tackling the nation’s massive housing deficit and deepening financial inclusion, the Securities and Exchange Commission...

Nigeria: SEC To Begin T+2 Settlement Cycle Nov 28

The Securities and Exchange Commission (SEC) has announced that the Nigerian capital market will officially transition to a T+2 settlement cycle for equities...

Norrenberger Buys Into NASD, Takes Over GTI’s 4.35% Equity Stake For N1.305bn

BY NKECHI NAECHE-ESEZOBOR—In a transaction that will reverberate across Nigeria’s capital markets, Norrenberger Securities Limited has acquired a strategic 4.35% stake in NASD...

Edun Reassures Investors, Vows Fair Capital Gains Tax Policy As NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, at the Closing Gong Ceremony...

NGX Rallies 8% in October as Earnings, Policy Reforms Fuel Confidence

BY NKECHI NAECHE-ESEZOBOR—Nigerian Exchange Limited (NGX) closed October 2025 on a bullish note, gaining 8 per cent and extending the upward momentum that...

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Strengthen Support for Failed Banks’ Liquidation, NDIC Tells Estate Surveyors

BY JOKE AJIBADE —The Nigeria Deposit Insurance Corporation (NDIC) has urged the Nigerian Institution of Estate Surveyors & Valuers (NIESV) to deepen strategic...

Tinubu Approves National Tax Policy Implementation Committee To Drive Fiscal Reforms

President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC). The committee, which Mr Joseph Tegbe chairs,...

CBN Policy Shift Sparks 2.6% Rise in Private Sector Credit In October

BY NKECHI  NAECHE -ESEZOBOR—Nigeria’s credit to the private sector appreciated in October, according to data released by the Centra Bank of Nigeria, (...

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Nigeria Offers Protection To Guinea-Bissau Presidential Candidate Amid Threats

The Federal Government of Nigeria has granted temporary asylum to Guinea-Bissau’s opposition presidential candidate, Fernando Dia Da Costa, providing him protection within the...

Breaking: Nigeria’s Defence Minister Resigns Amid Rising Insecurity

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s Minister of Defence, Alhaji Mohammed Badaru Abubakar, on Monday tendered his resignation  with immediate effect. In a letter dated December...

U.S. Embassy Delegation Meets Tinubu’s SSA, On Middle Belt Peace Efforts

The U.S. delegation from the Embassy of the United States of America in Nigeria has expressed strong interest in understanding the underlying drivers...

Oyebanji Re-Nominates Former Cabinet Members Ahead Of 2026 Ekiti Governorship Election

BY EBERE MADUEKE—Ekiti State Governor, Biodun Oyebanji, has re-nominated all former members of his cabinet—including commissioners and special advisers recently relieved of their...

Jerry Gana @80: His Dedication to Nation Building, Democratic Consolidation Instructive – Information Minister

It is with great pleasure that I join family, friends, colleagues, and well-wishers across Nigeria and beyond in celebrating an exceptional statesman, scholar,...

Presidency Blames Obasanjo for Roots of Nigeria’s Insecurity, Rebukes Call For Foreign Intervention

The Presidency on Sunday said that some of the failures of former President Olusegun Obasanjo’s administration are partly responsible for the insecurity Nigeria...

Bride, Bridesmaids, Eight Others Abducted In Sokoto

A bride-to-be and her bridesmaid have been abducted by suspected bandits in a fresh attack on Chacho village, located in the Wurno Local...

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