The Securities and Exchange Commission (SEC) has announced increased minimum capital requirements for all capital market operators (CMOs) to enhance market resilience and investor protection. Under the new policy, tier 2 issuing houses with underwriting must now have a capital base of N7 billion, up from N200 million, while the requirement for trustees has increased […]
The Chief of Defence Staff (CDS) Gen. Olufemi Oluyede says the Armed Forces of Nigeria remain resolute in the fight against terrorism and all forms of criminality that threaten the nation’s peace and flourishing democracy. Speaking at the Armed Forces Celebration and Remembrance Day regimental dinner on Wednesday, Oluyede, however, pointed out that the military […]
The National leader of the New Nigeria People’s Party, NNPP, Senator Rabiu Musa Kwankwaso has given a fresh condition to rejoin the ruling party, All Progressive Congress, APC. Kwankwaso in a video shared on Facebook by his aide, Saifullahi Hassan, said he will not join the party without concrete agreement and being clearly informed about […]
The National Judicial Council (NJC) has recommended Hon. Justice Joseph Olubunmi Kayode Oyewole, JCA, for appointment as a Justice of the Supreme Court of Nigeria, alongside 35 other candidates for various judicial offices across the federation. The decisions were taken at the NJC’s 110th meeting held on Tuesday under the chairmanship of the Chief Justice […]
Dangote Refinery has achieved 50 million litres of Premium Motor Spirit (PMS), also known as petrol, daily, supported by a 24-hour loading operation that moves over 1,000 trucks each day. This was the Managing Director and Chief Executive Officer (CEO), David Bird, said the company could deliver a 1.4 million-barrel-a-day expansion of the plant within […]
A $9 million U.S. lobbying deal meant to manage Nigeria’s image has instead deepened scrutiny of the Tinubu administration, as critics argue it reflects diplomatic paralysis, economic misjudgment and desperation amid worsening insecurity and foreign pressure. They noted that the country is paying to explain itself abroad because it failed to govern, communicate, and represent […]
Senator Natasha Akpoti-Uduaghan (PDP, Kogi Central) has broken her silence following the Federal Government’s decision to withdraw criminal defamation charges earlier filed against her. Reacting after the High Court of the Federal Capital Territory (FCT) struck out the case on Wednesday, the senator said the development vindicated her position and reaffirmed her confidence in the […]
The Federal Government and the Academic Staff Union of Universities on Wednesday unveiled a renegotiated agreement aimed at resolving long-standing disputes in Nigeria’s tertiary education sector, resulting in incessant strikes and closure of universities. The 2025 agreement is the conclusion of a renegotiation process that began in 2017 to review the 2009 FG-ASUU pact, which […]
Nigeria’s power generation capacity remained significantly underutilised in December 2025, with grid-connected plants operating at just 38 per cent availability. The development, which shows persistent structural weaknesses in the country’s electricity value chain after years of reform, comes at a time when the country is implementing a service-based tariff, which bills customers on a promised […]
Governor Monday Okpebholo of Edo State has ordered the release of what he called authentic students of Ambrose Alli University, AAU, Ekpoma, who were remanded at Ubiaja prison on the order of a state High Court, sitting in Benin City, following their arraignment by the police. The students allegedly took part in the Ekpoma anti-kidnapping […]
