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Senate backs EKEDP’s turnaround, seeks solution to sector bottlenecks
By Udeme Akpan, Energy Editor The Senate Committee on Privatisation has commended Eko Electricity Distribution Plc (EKEDP) for its improved operational performance since the privatisation of Nigeria’s power sector, while pledging
Rafa Corporation Invests in Nigeria’s Soap Manufacturing Facility
Raheem Akingbolu Rafa Corporation, manufacturer of Rafa Detergent brand, has announced a landmark investment in soap manufacturing technology, marking a major milestone in its ambition to build one of Africa’s leading
NGX Group declares N1.30 interim dividend as H1 profit jumps 146%
By Peter Egwuatu The Nigerian Exchange (NGX) Group Plc has declared an interim dividend of N1.30 per ordinary share for the six months ended June 30, 2026, following a strong first-half
Dollar to Naira exchange rate today, August 6, 2026
The naira maintained a relatively stable position against the United States dollar in the official foreign exchange market on Thursday, August 6, 2026, while the gap between the Nigerian Foreign
North-West Insecurity: Security firm identifies key challenges, urges regional collaboration
By Musa Ubandawaki, Sokoto SOKOTO — A security risk management firm, Beacon Security and Innovations Limited (BSIL), has expressed concern over the security situation in Nigeria’s North-West, identifying key factors
Tambuwal mourns slain police officer, seeks stronger action against insecurity in Sokoto
By Musa Ubandawaki, Sokoto SOKOTO — Former Governor of Sokoto State and Senator representing Sokoto South Senatorial District, Aminu Waziri Tambuwal, has expressed concern over renewed attacks by armed groups
Aba Power promises electricity restoration as gas repairs near completion
By Udeme Akpan Aba Power has assured residents and businesses in the Aba Ring-fenced Area that electricity supply will be restored before the end of the week following progress in
Consumers paid N208.15bn for electricity in May — NERC
By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid a total of N208.15 billion for power supplied in May 2026, as electricity distribution companies (DisCos) improved their revenue collection efficiency
NESG says business confidence rising despite soaring costs
•But warns energy prices, credit squeeze threaten outlook By Babajide Komolafe Nigeria’s business environment recorded stronger expansion in July 2026 despite rising operating costs, but the Nigerian Economic Summit Group,
PFIPC: Police illegally holding me, probe me openly, DG tells Reps
By Omeiza Ajayi ABUJA: Detained Director General of the phantom Presidential Foreign Investment Promotion Council PFIPC, Adeniyi Adeyemi has accused the police of detaining him beyond the scope of the
