The Securities and Exchange Commission (SEC) will on Thursday, August 6, hold an investor clinic in Abuja to educate investors and beneficiaries on how to recover unclaimed monies and inherited investments in the Nigerian capital market. The programme, tagged 'Probate and Unclaimed Monies Awareness and Investor Clinic,' is part of a nationwide awareness campaign by …
Nigerian electricity distribution companies (DisCos) recorded a significant revenue shortfall in May 2026. According to the latest Commercial Performance factsheet released by the Nigerian Electricity Regulatory Commission (NERC), the combined shortfall between what was billed and what was actually collected by DisCos amounted to ₦44.72 billion. This financial gap is the result of several operational …
The Rivers State chapter of the African Democratic Congress (ADC) has criticised the Minister of the Federal Capital Territory (FCT), Nyesom Wike, over his recent comments on the party's vice-presidential candidate, Rotimi Amaechi, urging him to stop what it described as repeated verbal attacks. The party also dismissed Wike's assertion that the outcome of the …
Dangote Refinery is targeting October 2026 for a landmark listing in the stock market to raise $5 billion through an initial public offering (IPO) to finance the expansion of the facility in Lagos. According to a report by Reuters, if approved and completed, the public offering will be one of the largest equity raises in …
The Alliance for Economic Research and Ethics (AERE) has urged the Federal Government to overhaul its fiscal strategy, saying Nigeria should shift from a debt-driven model to a revenue-led approach, while citing Anambra State's zero-borrowing policy as evidence that economic development can be achieved without accumulating unsustainable debt. In a policy paper released on August …
Despite playing a critical role in sustaining Britain’s healthcare system, foreign health professionals report a sharp rise in workplace hostility, open racism, and patient discrimination. The dream of better pay and improved working conditions that has driven thousands of Nigerian healthcare professionals to the United Kingdom is increasingly colliding with a troubling reality: …
Nearly three decades after rescue operations began, harmful traditional beliefs continue to target infants after maternal deaths and multiple births in communities around Abuja and neighbouring Niger State. For decades, many Nigerians believed the killing of infants over harmful traditional beliefs had disappeared with history. The story of Scottish missionary Mary Slessor, celebrated …
President Bola Tinubu has approved salary increases ranging from 30 to 80 per cent for personnel across Nigeria’s armed forces, the presidency announced on Tuesday. The upgraded pay structure, set to take effect on September 1, will benefit approximately 250,000 military personnel nationwide. Under the new review, lower-ranking troops from Private to Staff Sergeant will …
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has dismissed the emergence of former Minister of Transportation, Rotimi Amaechi, as the running mate to former Vice-President Atiku Abubakar for the 2027 presidential election, describing the ticket as lacking electoral value. Speaking during a media parley on Tuesday, Wike said Amaechi no longer commands …
Osun State Governor Ademola Adeleke has appealed to President Bola Tinubu to intervene in the wave of political violence ahead of the August 15 governorship election, saying the people of the state should not be subjected to attacks after endorsing the President's 2027 re-election bid. Speaking at a campaign rally in Olorunda Local Government Area …
