The Lagos State Government is facing a wave of public backlash following its confirmation of mandatory permit fees for residential estates seeking to install solar energy systems. Critics of the policy described it as a “tax on sunlight” and a major setback to renewable energy adoption in Africa’s largest city. The public outrage emanated after …
The Nigerian Communications Commission (NCC) has announced that telecom subscribers will begin receiving compensation for poor quality of service (QoS) from today or tomorrow. The executive vice chairman of the NCC, Dr Aminu Maida, disclosed this at a media roundtable held at the Marriott Hotel, Ikeja, saying the compensation will be paid in the form …
The Department of State Services (DSS) on Thursday arraigned former Kaduna State Governor Nasir El-Rufai over allegations that he accessed a telephone conversation involving National Security Adviser Nuhu Ribadu. El-Rufai is being prosecuted on a five-count amended charge before the Federal High Court in Abuja. At the start of proceedings, the prosecution informed the court that …
President Bola Ahmed Tinubu has approved the establishment of a Community-Based National Social Action Fund Task Force to strengthen grassroots development and accelerate socio-economic projects across Nigeria’s 8,804 wards. The approval was disclosed in a statement issued Wednesday night in Abuja by Mr Ado Bako, Assistant Director of Information and Public Relations at the Federal …
President Bola Tinubu has approved significant interventions in the Nigerian aviation sector to prevent the imminent shutdown of operations by domestic airlines over the high cost of fuel. Speaking after a high-level emergency stakeholders’ meeting on Wednesday, Minister of Aviation and Aerospace Development, Festus Keyamo, said President Tinubu approved debt relief and a tax review …
The Nigerian government can unlock a $74 billion livestock industry if it abandons failed state-led models like Ajaokuta and adopts a private sector-driven “catalyst model", Chairman of the Alliance for Economic Research and Ethics, Dele Kelvin Oye, has said. Speaking at the 2026 Vanguard Newspaper Annual Economic Conference on Wednesday, Oye warned that Nigeria risks …
Seven Nigerian banks wrote off about ₦2.38 trillion in bad loans in 2025, as the Central Bank of Nigeria’s (CBN) stricter stance on forbearance and loan classification forced lenders to clean up long-standing credit risks. A review of banks' financial statements reveals that the write-offs, which cut across Zenith Bank, First HoldCo, GTCO, Stanbic IBTC, …
Minister of Power Adebayo Adelabu has officially resigned his position to run for governor of Oyo State in 2027. In a letter dated April 22, 2026, and addressed to President Bola Tinubu and routed through the Secretary to the Government of the Federation (SGF), Adelabu stated that his resignation takes effect on April 30, 2026. …
Chelsea have officially parted ways with head coach Liam Rosenior, bringing an abrupt end to his tenure at Stamford Bridge amid mounting pressure over the club’s recent performances. The decision follows a series of inconsistent results that left the Blues struggling to meet expectations this season, prompting the club’s hierarchy to act in a bid …
Dangote Group has achieved its first oil from its upstream assets in the Niger Delta, marking its entry into crude production. The company is currently producing 4,500 barrels per day (bpd) from the Kalaekule field on Oil Mining Lease (OML) 72. Vice President of Dangote Group's Oil and Gas Division, Devakumar Edwin, disclosed …
