News

Nigerian equities shed ₦32 billion as profit-taking in BUA Cement and Eunisell outweighed strong gains in banking stocks. First Holdco jumped 9.96 per cent to lead the gainers’ chart for another session, while UBA, Jaiz Bank, and McNichols...

Troops of the 65 Battalion raided a suspected hideout in Epe, Lagos, arresting 24 foreign nationals after receiving credible intelligence on the presence of undocumented migrants. Those arrested comprise 15 males and nine females from Cameroon, Togo, Côte...

Court of Appeal overturns the Federal High Court judgment that nullified INEC's guidelines and revised timetable for the 2027 general elections, clearing the way for the Commission to implement its election schedule. Appellate court rules that the Youth...

The Federal High Court in Abuja has fixed Friday, July 17, to deliver judgement in the suit seeking to determine the authentic leadership of the Peoples Democratic Party (PDP) and whether INEC should recognise the Tanimu Turaki-led Interim...

A sworn affidavit by Mary Habila's colleague reconstructs the nurse's final hours, revealing she was found unconscious in a locked room after failing to respond to repeated calls and knocks before doctors confirmed her dead on arrival at...

Nigeria has jumped from 80th to 38th place in the world's biggest ranking of responsible artificial intelligence use, and it took the country just two years to do it. Nigeria now sits ahead of every other country on...

Federal Government inaugurates a nine-member inter-agency committee to coordinate implementation of the Electricity Act, 2023, remove regulatory bottlenecks and accelerate Nigeria's transition to a decentralised electricity market. Committee given four weeks to engage regulators, operators, investors and other...

The Corporate Affairs Commission has given about 100,000 companies 90 days to comply with statutory filing requirements or risk being struck off its register. Affected companies must file outstanding Annual Returns and disclose Beneficial Ownership information to avoid...

 NERC's latest directive has ignited a dispute over who has the authority to regulate electricity investments as Nigeria's power market becomes increasingly decentralised.  DisCos and state regulators argue the Order goes beyond NERC's powers, while the Commission says...

Nigeria's external reserves climbed to $51.86 billion, their highest level since 2009, strengthening the country's foreign exchange buffer. Higher oil receipts, stronger export earnings, and renewed foreign investor inflows have combined to drive the steady build-up in reserves. ...