Nigeria has inched closer to its green-transition goals with the launch of a Climate-Smart Electric Vehicle Recharge Hub in Abuja, a move industry leaders say is critical to ensuring the country is not left behind in the global shift to electric mobility. Speaking at the two-day COP-30 Follow-Up Action Meeting and the unveiling of the …
The report highlights stocks with share prices below ₦20 that have more than doubled in value, which could be a smart investment choice for individual investors. An individual who had invested ₦1 million in any of the cherry stocks trading at a share price of below ₦20 at the beginning of the year and held …
African central bank governors have renewed push for a unified monetary system for the continent, reaffirming plans for the eventual establishment of the African Central Bank. They made the commitment during a high-level summit in Yaoundé, where 41 central bank governors met to discuss climate-related financial risks and strengthen cooperation under the African Monetary Institute …
The Economic and Financial Crimes Commission (EFCC) has handed over N96.5 million to victims of a Ponzi scheme operating in Enugu State. EFCC spokesperson Dele Oyewale announced the development in a statement on Friday in Abuja, describing it as part of the agency’s commitment to fighting financial crimes and ensuring restitution for defrauded Nigerians. The …
The Court of Appeal in Abuja on Thursday upheld a Federal High Court judgment barring the Directorate of Road Traffic Services (DRTS), also known as the Vehicle Inspection Office (VIO), from stopping motorists, impounding vehicles, or imposing fines. The original ruling was delivered last year by Justice Evelyn Maha in a suit filed by human …
West African leaders have urged member states to confront rising threats to democracy and the rule of law across the sub-region, warning that the challenges could undermine regional stability. The call was made in Abuja at an event organised by the ECOWAS Parliament to mark its 25th anniversary. Sierra Leone’s President and Chairman of the …
Seventeen members of the Rivers State House of Assembly, including the Speaker, Martin Amaewhule, on Friday defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC), deepening the latest round of political tensions in the state. Amaewhule announced the decision during plenary, attributing the mass defection to what he called a “clear …
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has unveiled steps for participation in the 2025 Petroleum licensing round. The Commission formally launched the 2025 licensing round on Monday, December 1, 2025, with the official unveiling of its licensing portal. It says activities lined up for the licensing round will come in phases. In a video …
The Supreme Court has struck out a suit filed by the Osun State Government seeking to compel the Federal Government to release withheld allocations due to the state’s 30 Local Government Councils. In a split decision of six to one, the seven-member panel on Friday ruled that the suit lacked merit, holding that the Attorney …
The African Democratic Congress (ADC) has called on President Bola Tinubu to prioritise governance or step aside, following reports that he allegedly shared vehicles to political allies ahead of the 2027 general elections. ADC’s National Publicity Secretary, Bolaji Abdullahi, in a statement, criticised what he described as disturbing claims that the Presidency distributed Hilux trucks, …
