79 m. ago NERC celebrates 20 years of regulating, advancing Nigeria’s electricity sector

The Nigerian Electricity Regulatory Commission (NERC) has announced the commemoration of its 20th anniversary to mark two decades of dedicated service in regulating and shaping the Nigerian Electricity Supply Industry (NESI). Established on 31 October 2005 under the Electric Power Sector Reform Act (EPSRA) 2005, now replaced by the Electricity Act 2023, NERC has played […]

Politics

98 m. ago Over 100 Killed In Rio Police Crackdown On Powerful Narco Gang

A day after the police operation paralysed the city, residents of the Complexo da Penha favela recovered dozens of bodies from a forest on its outskirts, journalists reported. The post Over 100 Killed In Rio Police Crackdown On Powerful Narco Gang appeared first on Channels Television.

Events

9 h. ago ‘Baba Ijebu’: Five things to know about Chief Kessington Adebutu

The owner of Nigeria’s leading betting company, Premier Lotto Limited, otherwise known as Baba Ijebu, Chief Kessington Adebukunola Adebutu, recently celebrated his 90th birthday. The event, held on Friday at Eko Hotel, Lagos, was attended by the crème de la crème of society, including two of the most revered kings in Yorubaland — the Ooni […]

Politics

10 h. ago Service Chiefs: Nigerian Army Will Deal Decisively With Lakurawa Bandits — Gen Shaibu

Major General Waidi Shaibu, who was recently appointed as Chief of Army Staff (COAS) by President Bola Tinubu says that in the long term, the Nigerian Army will enhance career development and prioritise troops' welfare. The post Service Chiefs: Nigerian Army Will Deal Decisively With Lakurawa Bandits — Gen Shaibu appeared first on Channels Television.

Politics

11 h. ago Migrant sex offender mistakenly freed from UK prison deported to Ethiopia

A migrant sex offender, Hadush Kebatu, who was mistakenly released from prison has been deported from the United Kingdom and banned from returning.

Events

13 h. ago States adopting digital tax systems record higher revenues – World Bank

The World Bank has attributed the rise in Internally Generated Revenue (IGR) across several Nigerian states to the adoption of read more States adopting digital tax systems record higher revenues – World Bank

Politics

14 h. ago Agusto & Co. upgrades Abbey Mortgage Bank to ‘A3’, citing strong fundamentals

Credit rating agency Agusto & Co. has upgraded Abbey Mortgage Bank Plc’s short-term rating to ‘A3’, reinforcing the lender’s reputation read more Agusto & Co. upgrades Abbey Mortgage Bank to ‘A3’, citing strong fundamentals

Politics

15 h. ago ISA 2025: Growing concern over CBN’s bid to control Nigeria’s fixed

A brewing regulatory overlap between the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) has triggered serious concern across the financial markets, as market operators warned that recent policy actions could destabilise confidence and undermine statutory mandates set out in Nigeria’s Investment and Securities Act (ISA) 2007 and its updated 2025 […]

Politics

17 h. ago Prioritise Nigeria’s Oil Sector Funding, Upstream Regulator Urges Bank of America

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on Bank of America and other key financial institutions to prioritise funding for Nigeria’s oil sector. According to NUPRC, boosting investments in upstream activities is essential to sustaining production growth and ensuring energy security. The chief executive of NUPRC, Engr. Gbenga Komolafe made this call when […]

Politics

17 h. ago CBN says $1.25bn Q1 oil sector import bill not direct intervention

  …says figure reflects total fx transactions conducted by participants in NFEM   The Central Bank of Nigeria (CBN) has read more CBN says $1.25bn Q1 oil sector import bill not direct intervention

Politics

20 h. ago Atedo Peterside describes INEC under Yakubu as ‘national disgrace’

Atedo Peterside, founder of Stanbic IBTC Bank and Anap Foundation, has criticised the Independent National Electoral Commission (INEC) under Mahmood read more Atedo Peterside describes INEC under Yakubu as ‘national disgrace’

Politics

20 h. ago Schneider Electric Recognised for Excellence in Sustainable Design

Schneider Electric has been recognised by the World Economic Forum’s (WEF) Alliance of CEO Climate Leaders for its innovation in sustainable design, earning the title of Champion of the Scope 3 Downstream Solutions Challenge in the Sustainable Design category. According to Schneider Electric, in a statement, the recognition celebrates its breakthrough medium-voltage switchgear technology, AirSeT, […]

Politics

20 h. ago Banks’ Credit To Private Sector Falls In September Amid Rising Govt Borrowing

The Nigerian banking industry’s credit to the private sector declined in September 2025 after maintaining stability for most of the year, as lending to the government rose, data from the Central Bank of Nigeria (CBN) have shown. According to the CBN’s money and credit statistics, credit to the private sector dropped to N72.53 trillion in […]

Politics

20 h. ago Concerns As Court Orders Takeover Of Nestoil Over $1bn Bank Debt

A receiver-manager has moved to take over Nestoil, a major oil and gas services company, over an outstanding debt valued at approximately $1 billion. The development has raised widespread concerns across the energy sector and financial markets, given Nestoil’s pivotal role in Nigeria’s oil services industry. Oil and gas industry analysts have questioned the persistence […]

Politics

21 h. ago FirstBank Vindicated: Arbitration Tribunal Dismisses GHL’s $718 Million Claim

The Final Award in the arbitration initiated by General Hydrocarbons Limited against First Bank of Nigeria Limited, issued by Sole Arbitrator Hon. Justice Kumai Bayang Akaahs, was published today the 28th, October 2025, General Hydrocarbons Limited (GHL) was represented by Messrs. Paul Usoro SAN & and Abiodun Layonu SAN. First Bank of Nigeria Limited (FBN) […]

Politics

23 h. ago Forest reserves are models of sustainable devlopment — C’River govt

Cross River government has urged its citizens, especially communities living around the Oban Biosphere Reserve (OBR) to preserve it and treat it as a model of sustainable development. The Commissioner for International Donor Coordination, Dr Hippolatus Lukpata, said it could also serve as a tool for combating climate change. Lukpata said this in Akamkpa, Cross […]

Politics

25 h. ago PICTORIAL: Governor Abiodun Gifts Super Falcons N50m Ahead 2026 WAFCON Qualifier In Ogun

Ogun State governor, Prince Dapo Abiodun, has hosted the Super Falcons players and officials at the Government House in Oke Mosan, Abeokuta, on Tuesday ahead of their second-leg 2026 WAFCON qualifier match against the Amazons of Benin Republic in the State. Governor Abiodun, who took to his verified Facebook page to disclose the development, also […]

Politics

26 h. ago Reps propose green tax on plastic manufacturers to curb pollution

The House of Representatives ad-hoc committee on the ban of single-use plastics in Nigeria has proposed the introduction of a read more Reps propose green tax on plastic manufacturers to curb pollution

Politics

26 h. ago NUPRC seeks Bank of America’s support to boost oil production

Gbenga Komolafe, commission chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Tuesday met with Chuba Ezenwa, managing read more NUPRC seeks Bank of America’s support to boost oil production

Politics

27 h. ago CBN clarifies $1.26bn forex data, denies direct allocation to oil marketers

The Central Bank of Nigeria (CBN) has refuted media reports suggesting it disbursed US$1.259 billion to major oil operators for the importation of refined petroleum products

Politics