Retired officers of the Nigeria Police Force on Monday staged a protest at the Presidential Villa in Abuja, blocking one of its gates to press home their demand for withdrawal from the Contributory Pension Scheme (CPS). The demonstrators, alongside their family members and operating under the Police Retired Officers Forum of Nigeria (PROF), described the …
Stanbic IBTC Holdings Plc paid ₦119 million in regulatory fines in 2025 over reporting failures and disclosure issues, even as the bank posted one of its strongest financial performances on record. The fines were linked to various infractions, including failures to report cyber incidents and incorrect disclosures in fund statements, according to details in its …
Former Kano State Governor, Ibrahim Shekarau, has resigned his membership of the Peoples Democratic Party (PDP) and joined the ruling All Progressives Congress (APC). He announced his defection on Sunday at his residence in Kano. Shekarau governed Kano State from 2003 to 2011 under the defunct All Nigeria Peoples Party (ANPP). He joined the PDP …
Youths of the African Democratic Congress (ADC) are set to protest at the offices of the Independent National Electoral Commission (INEC) in Lagos, Ogun and Jigawa states today under the #AmupitanMustGo campaign. Balarabe Rufai, the party’s national youth leader, disclosed this in a post on X on Monday, attaching flyers for the Lagos and Ogun …
The Transmission Company of Nigeria (TCN) has declared a force majeure on its Ikeja West–Osogbo 330kV transmission line following the collapse of a key tower during a severe rainstorm on Thursday, 16 April 2026. In a statement released on Sunday, April 19, signed by TCN General Manager Public Affairs, Ndidi Mbah, the company said the …
The Centre for the Promotion of Private Enterprise (CPPE) has said the Federal Government’s 2026 fiscal policy measures will significantly reshape Nigeria’s economy by favouring local production while putting pressure on import-dependent businesses. In a policy statement issued on Sunday, April 19, CPPE Chief Executive Officer, Dr Muda Yusuf, said the new tariff and tax …
Foreign-owned fast-moving consumer goods (FMCGs) companies in Nigeria are facing growing financial pressure as rising finance costs, heavy dollar debt, and dependence on parent company funding continue to weigh on their operations and shareholder value, a review of their 2025 audited accounts shows. While some companies recorded a return to profitability, the underlying numbers reveal …
Nigeria is currently ranked among countries with relatively low petrol prices globally. According to GlobalPetrolPrices.com, the average price of petrol, also known as gasoline, around the world as of April 13, 2026, is $USD1.50 per litre. Data published by the oil and gas analytical firm indicates that Nigeria is currently ranked 23rd ($0.90 per litre) …
Corporate Accountability and Public Participation Africa (CAPPA) has raised fresh concerns over Nigeria’s democratic future, warning that the credibility of the 2027 general elections could be undermined if urgent steps are not taken to strengthen institutions, tackle insecurity, and address worsening economic hardship. In a statement issued on Sunday, April 19, and jointly signed by …
Former Senate President Bukola Saraki and former Governor of Kwara State, Abdulfatah Ahmed have accused incumbent Governor AbdulRahman AbdulRazaq of pursuing a political vendetta against them with issues linked to the 2018 robbery incident in offa. The reactions by Saraki and Ahmed, who are AbdulRazaq's predecessors, came after the state government filed 20-count charges …
