Nigeria’s electricity distribution companies (DisCos) recorded a total of ₦653.19 billion in losses in their revenue collections over 12 months. This is even as electricity billing rose by 12.9 per cent from ₦466.69 billion in the third quarter of 2024 to ₦706.61 billion in the same period of 2025. Quarterly reports released by the Nigerian …
China’s car sales growth slowed to its weakest pace in three years in 2025, with automakers struggling to offset a cooling domestic market. Last month, sales fell 14.5% year-on-year to 2.28 million units, worsening from an 8.5% decline in November the largest drop since February 2024, according to the China Passenger Car Association (CPCA). For …
Nollywood colleagues, friends, and family gathered on Friday to honour the late actress Allwell Ademola, who passed away on 27 December at the age of 49 following a heart attack. The funeral commenced with a candlelight procession and memorial service at Lagos State Television, Ikeja, before her interment at Atan Cemetery, Yaba. READ ALSO: Wizkid …
The Commissioner of Police, Federal Capital Territory (FCT) Command, CP Miller G. Dantawaye, on Friday received a delegation from the Nigerian Bar Association (NBA) at the Command Headquarters, Abuja. The visit was part of an advocacy initiative by the Chairperson of the International Federation of Women Lawyers (FIDA), the NBA Women Forum, and Unity Bar, …
The Federal Capital Territory (FCT) Police Command has appealed to members of the public to assist in locating the family of a young boy found roaming the Works and Housing Estate, Gwarimpa, Abuja. The child, estimated to be between 10 and 11 years old, was discovered by a Good Samaritan on 26 December 2025 at …
The Federal Government and Niger State have signed a landmark Memorandum of Understanding (MoU) to launch the Sustainable Integrated Productive Communities (SIPC) Programme. The initiative combines housing, agriculture, renewable energy, and enterprise development into a single model aimed at inclusive growth. The MoU was signed at the Federal Ministry of Finance, Abuja. The Ministry will …
In a bold policy paper, Dele Kelvin Oye, the Chairman of the Alliance for Economic Research and Ethics (AERE), has raised an alarm about Nigeria’s growing dependence on foreign powers, particularly the United States. He warns that if Nigeria does not adjust its approach to governance, the country could find itself in a position similar …
The Nigeria Deposit Insurance Corporation (NDIC) has significantly shifted its approach to handling failed banks, marking a crucial step towards reducing the risks of moral hazard in the country’s financial sector. This shift is particularly evident in the recent liquidation of Heritage Bank and other recent failures, such as Aso Savings and Loans and Union …
As Nigeria ushers in 2026, the nation operates under a landmark fiscal framework, the 2025 Tax Reform Laws. Designed to modernize the tax system, broaden compliance, and strengthen national revenue, these reforms have generated both optimism and anxiety. A wave of misinformation circulating online has raised fears that the new system could allow authorities to …
European Union member states are expected on Friday to approve the bloc’s largest-ever free trade agreement with the South American Mercosur group. Negotiations have spanned more than 25 years, with months of last-minute wrangling to secure backing from key EU nations. The deal will be signed between EU Commission President Ursula von der Leyen and …
