The minister of the Federal Capital Territory, Nyesom Wike, on Wednesday said he has not endorsed any candidate for the 2027 governorship election in Rivers State, insisting that such a decision would be taken collectively by political stakeholders. Wike spoke during his monthly media parley in Abuja, where he also dismissed claims that Governor Siminalayi …
Presidential hopeful of the Nigeria Democratic Congress (NDC), Peter Obi, has vowed to tackle all forms of criminality if elected in 2027. Obi made the pledge while describing the fuel subsidy regime as an organised crime against the country. Speaking on Trust TV, the former Labour Party candidate said Nigeria’s fuel consumption figures do not …
The Senate was thrown into confusion on Wednesday as Senate President Godswill Akpabio and Senator Adams Oshiomhole engaged in a heated argument over the interpretation of the chamber’s amended Standing Rules. The standoff, which lasted more than 15 minutes, began when Akpabio started reading the Votes and Proceedings from Tuesday’s sitting. Oshiomhole, who represents Edo …
Minister of the Federal Capital Territory, Nyesom Wike, has declared that Abdulrahman Mohammed is the legitimate National Chairman of the Peoples Democratic Party (PDP). Wike made the remark on Wednesday during a media chat in Abuja, where he addressed the party’s lingering internal crisis and criticised the rival faction led by Kabiru Tanimu Turaki. The …
A governorship aspirant of the All Progressives Congress (APC) in Adamawa State, Abdulrahman Haske, has cautioned party leaders against imposing candidates under the guise of consensus ahead of the 2027 elections. Speaking during a media interaction, Haske said consensus remains a valid option in party politics but must come through dialogue, consultation, and agreement among …
Nigeria’s electricity distribution companies (DisCos) recorded N45.61 billion as revenue losses in February 2026 due to collection inefficiencies. According to the latest Commercial Performance Factsheet released by the Nigerian Electricity Regulatory Commission (NERC), 11 DisCos collected a total of N196.68 billion in revenue in February. The report indicates that the total energy billed to customers …
Domestic refineries in Nigeria recorded a crude oil supply shortfall of 33.4 million barrels in the first quarter (Q1) of 2026. According to data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday, May 5, a total of 61.9 million barrels of crude oil was allocated to domestic refineries during the quarter under …
United Bank for Africa (UBA), Redtech and MoMo PSB have partnered to expand how Nigerians make and receive payments, allowing more customers to pay without using cash or cards. UBA said this in a statement on Tuesday, May 5, explaining that under the new arrangement, MoMo PSB customers can now pay directly from their mobile …
Rising debt and repeated political standoffs have ended the United States’ long-standing run at a perfect triple-A credit rating, according to DataPro in its Monthly Rating Brief for May. The Nigerian technology-driven Credit Rating Agency noted that for years, the US was widely seen as the safest borrower in the world, with its ability to …
Dangote Cement, BUA Cement and Lafarge Africa recorded strong profit growth of up to 117 per cent in the first quarter of 2026, as rising revenue and improved efficiency lifted their earnings compared to the same period in 2025. A review of the financial statements of cement giants for the period ended March 31, 2026, …
