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Geregu Power Plc has appointed Engr Mohammed Sani Jaoji as its acting Chief Executive Officer, effective Monday, August 17, 2026. The appointment comes amid growing concerns over the company’s debt obligations and recent default on its bond repayment. The company announced the appointment in a statement to the Nigerian Exchange Limited (NGX) and the investing …

Geregu Power Engages Stakeholders Over N40.09bn Bond Payment Default

Nigeria’s attempt to bring its rapidly expanding cryptocurrency market firmly into the tax net is facing an early test, with lawyers and digital-asset operators questioning whether the new regime could drive transactions away from regulated platforms, deepen the informal peer-to-peer market and ultimately make tax collection harder. The concerns followed the release of new guidelines …

Crypto tax: Nigeria’s new levy faces legal test as industry warns of underground market

With the election fever over in Osun State, tension is beginning to ease off as supporters, family members, and friends of Governor Ademola Adeleke continue to celebrate his victory. Governor Adeleke has received greetings and congratulations from across the political spectrum, including top opposition leaders like Rabiu Kwankwaso, NDC vice presidential candidate, who viewed the victory …

Beyond Osun Election: Key Lessons for Voters and Opposition Parties Ahead of 2027

Kebbi State Governor, Nasir Idris, has nominated Ibrahim Muhammad Augie as his running mate for the 2027 governorship election, replacing the incumbent Deputy Governor, Umar Abubakar Tafida. The announcement was made on Sunday at the Presidential Lodge in Birnin Kebbi during a thank-you visit by stakeholders from the Argungu Emirate. The National Organising Secretary of …

For millions of Nigerians, the working day no longer ends when the office closes. At 5 pm, another shift begins. A civil servant becomes a trader. A teacher starts private lessons. A software developer takes on another client. A banker sells products online. A technician accepts evening jobs. A graduate turns to logistics, delivery or …

For some Abuja residents, a routine visit to a free medical outreach became an unexpected health alert. Prisca Nwemo arrived with her mother hoping to get treatment for an allergy. But after undergoing routine checks, medical personnel discovered that her blood pressure was high and promptly provided medication. “I came because of an allergy, but …

President Bola Ahmed Tinubu has congratulated Osun State Governor, Ademola Adeleke, on his victory in the August 15 governorship election. President Tinubu said he called Adeleke on Sunday to congratulate him, even before the Independent National Electoral Commission (INEC) formally announced the final results. In a statement by his Special Adviser on Information and Strategy, …

The National Sugar Development Council (NSDC) has unveiled a $1 billion investment pipeline and a tighter enforcement framework as Nigeria intensifies efforts to achieve self-sufficiency in sugar production and cut its dependence on imports. Nigeria consumes about 1.8 million metric tonnes of sugar annually, with an estimated $1 billion spent each year on imported sugar. …

The Imo State Government has banned street trading, hawking, illegal roadside structures and the loading and offloading of goods along major roads in Owerri, the state capital, as part of measures to ease traffic congestion and improve road safety. The affected roads include Rotobi, Royce and Douglas, located in the heart of Owerri. The directive …

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