The Nigerian Electricity Regulatory Commission (NERC) has issued a fresh order directing Electricity Distribution Companies (DisCos) to refund a total of ₦20.33 billion to customers who paid for meters under the Meter Asset Provider (MAP) scheme. This directive is outlined in Order No. NERC/2026/025, signed on February 27, 2026, by NERC Chairman Musiliu Oseni and Commissioner Dafe …
MultiChoice has announced plans to shut down its streaming platform. Showmax after eleven years of operation. It revealed the decision in an email sent to subscribers on Thursday, hinting that the service is to be discontinued following a strategic review. “We’re writing to inform you of an important update regarding Showmax,” the streaming platform said …
The Kano State House of Assembly on Thursday commenced impeachment proceedings against the Deputy Governor of the state, Aminu Abdulsalam-Gwarzo, over alleged misconduct, abuse of office and breach of public trust. The development was contained in a report by Leadership Newspaper. The impeachment notice was presented on the floor of the House by the Majority …
On the sixth day of the war between the United States, Israel and Iran, the conflict has intensified inside Iran while tensions continue to spread across the Middle East. Iran has threatened global shipping in the Strait of Hormuz, while hostilities are expanding across several fronts, including the Gulf region, Lebanon and Iraq. In a …
President Bola Tinubu has ordered temporal suspension of the new cashless policy introduced by the Federal Airport Authority of Nigeria (FAAN) at access gates of airports across the country. Minister of Aviation and Aerospace Development, Festus Keyamo, said President Tinubu gave the directive during the Federal Executive Council meeting on Wednesday, March 4. In a …
The House of Representatives Ad-hoc Committee investigating pre-shipment inspection of exports and the non-remittance of crude oil proceeds has directed key government agencies and a private sector body to submit comprehensive records related to its ongoing probe. The directive followed concerns by lawmakers over incomplete documentation submitted by the agencies, as the committee seeks to …
The Federal Government on Wednesday approved six major road projects across the country, including the demolition of the Carter Bridge in Lagos and the design of a new bridge to replace it. The Minister of Works, David Umahi, disclosed this while briefing State House correspondents on the outcome of the Federal Executive Council (FEC) meeting …
The Senate Committee on Banking, Insurance and Other Financial Institutions has called on the Central Bank of Nigeria (CBN) to strengthen regulatory oversight of financial technology firms in order to curb rising cases of fraud within Nigeria’s banking system. The committee also urged the apex bank to introduce stricter regulatory measures to tackle the growing …
The Central Bank of Nigeria (CBN) said it has taken delivery of responsibly sourced London Bullion Market Association (LBMA) Good Delivery-standard gold into its foreign reserves. The move, which is aimed at strengthening reserve diversification and macroeconomic stability, has raised its total gold holdings to $3.5 billion. According to the apex bank in a statement …
The National Drug Law Enforcement Agency (NDLEA) has arrested fugitive drug trafficker Uzoma Valentine Ilomuanya after 15 years on the run. NDLEA officers picked him up in Lagos on February 23, 2026. The agency’s Special Operations Unit carried out the operation. Femi Babafemi, NDLEA’s Director of Media and Advocacy, announced the arrest in Abuja. He …
