Business

GenCos cry out over N3.7trn debt, say only 10% of invoice paid monthly

Abuja-Power generation companies in Nigeria, GenCos, yesterday raise the alarm over the imminent collapse of their operations, following a huge debt of N2 trillion and an estimated funding gap of…

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Labour Group Demands Reinstatement of LASU Lecturers, Raises Concerns Over Academic Freedom

As workers globally mark International Workers' Day, a coalition of labour and civil society organisations…

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Crisis Deepens in Oyo APC as Faction Rejects ‘Unity Forum’ Endorsement Ahead of 2027 Race

Fresh divisions have surfaced within the Oyo State chapter of the All Progressives Congress (APC),…

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OYRLEA Warns Against Dumping of Building Materials on Roads, Walkways as Enforcement Leads to Conviction

The Oyo State Rule of Law Enforcement Authority (OYRLEA) has issued a stern warning to…

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TOCIMS Launches Ekiti Branch, Unveils Support Hub for Needy

A non-governmental organization, The Old Catholic International Missionary Society of St. Christopher & Caritas Sustainable…

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2026 International Workers’ Day: Oyo NOA Director Felicitates Workers, Urges Greater Devotion to Duty

The Oyo State Director of the National Orientation Agency (NOA), Mrs. Ajolayo Sinmiat Akande has…

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Irepodun/Ifelodun, Ado LFC Crowned Champions at Prof. Akin Oyebode Cup Final in Ekiti

The fourth edition of the Prof. Akin Oyebode Cup delivered a thrilling finale on Wednesday…

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Just for You

Nigerian Government Cast Aside U.S Security Worries

The Federal Government has assured citizens and the international community that Nigeria remains safe, following…

Federal Government’s New Terror List Spark Calls for Prompt Action

The publication of 48 individuals and 12 entities allegedly linked to terrorism financing has renewed…

Artemis II Crew Returns Safely After Historic Lunar Mission

Astronauts on Artemis II have safely returned to Earth, bringing their landmark 10-day journey to…

INEC Registers Over 3.4 Million New Voters in Ongoing CVR Exercise

The Independent National Electoral Commission (INEC) has recorded more than 3.4 million new voters in…

Lasted Business

FBN Holdings records 126.8% rise in profit

The FBN Holdings has further consolidated its top-tier ranking with strong performance in the 2023 financial year and the first…

FG’s deficit spending rises 8% to N1.07trn

The Federal Government’s deficit spending rose by 8.0 percent, year-on-year (YoY) to N1.07 trillion in January 2024 from N980 billion in…

NEITI seeks stakeholders support to deepen reforms in extractive sector

The Nigeria Extractive Industries Transparency Initiative, NEITI, has solicited the support of stakeholders to deepen the ongoing reforms in Nigeria’s oil…

Cooking gas price rises by 70.12% in May — NBS

The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (LPG), commonly known as cooking gas rose by…

NUPRC Extends Deadline For Pre-Qualification Documents Submission For Oil Block Licensing

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the extension of the deadline for the registration and submission of…

SEC commends NASD, assures support for innovation

Securities and Exchange Commission (SEC), has commended the Board and Management of NASD Plc on a series of innovations embarked upon…

How multinational shipping lines frustrates growth of African counterparts

African shipping stakeholders have accused their foreign counterparts of using fellow Africans to ensure that the continent’s shipping capacity does not…

Nigeria ranks 88th out of 141 countries in Logistics Performance Index

NIGERIA currently ranks 88th position out of 141 countries in the World Bank Logistics Performance Index, LPI, indicating a minimal improvement in…

No plan to revoke Wema, Polaris, Unity, Fidelity licences — CBN

The Central Bank of Nigeria yesterday said there are no plans to revoke the operating licenses of Fidelity Bank, Wema…

NNPC advances floating LNG project with Golar LNG

In furtherance of its commitment to monetize Nigeria’s vast natural gas resources, the NNPC Limited has executed a Project Development…