20 h. ago New Hampshire Capital announces new prepaid meter Prices for Ikeja Electric

New Hampshire Capital, a Meter Asset Provider (MAP), has announced new prepaid meter prices under the Meter Asset Provider (MAP) read more New Hampshire Capital announces new prepaid meter Prices for Ikeja Electric

Politics

64 h. ago Tour operator decries Nigeria’s lack of clear national branding

A tour operator and curator, Tamnawari Brown, has raised concerns over the absence of a clear and visible national branding read more Tour operator decries Nigeria’s lack of clear national branding

Politics

5 d. ago Lagos NUT Chair Raises Concern Over WAEC Glitch, Questions Fairness Of Malpractice Claims

He criticized WAEC’s handling of examination malpractice, especially its tendency to blame school principals after results are released. The post Lagos NUT Chair Raises Concern Over WAEC Glitch, Questions Fairness Of Malpractice Claims appeared first on Channels Television.

Politics

5 d. ago Mounting deficits raise concerns over bank takeover as Ikeja Electric reports N25bn pretax loss

Tribune Online Mounting deficits raise concerns over bank takeover as Ikeja Electric reports N25bn pretax loss EFFORTS by Nigerian banks to take over Sahara Group’s power assets may be complicated by the deepening financial woes of Ikeja Electricity Distribution Company (Ikeja DisCo), which posted a pretax loss of N25.2 billion for the full year ended December 31, 2023. The company’s latest financials revealed worsening fundamentals that raised red flags for potential […] Mounting deficits raise concerns over bank takeover as Ikeja Electric reports N25bn pretax loss Tribune Online

Politics

6 d. ago 575,000 Nigerians risk starvation, malnutrition over WFP funding slash –FG

From Okwe Obi, Abuja The Federal Government has raised concern over the World Food Programme (WFP) funding reduction, declaring that over 575, 000 Nigerians in 115,000 households risk starvation, malnutrition and increased food insecurity. The government also announced that about 300,000 children would be at risk of wasting due to the closure of 150 WFP-supported […] The post 575,000 Nigerians risk starvation, malnutrition over WFP funding slash –FG appeared first on The Sun Nigeria.

Politics

6 d. ago Nigeria’s banks attract $7 billion in speculative funds in 2024

From Adanna Nnamani, Abuja Foreign capital inflows into Nigeria’s banking sector surged to $7.0 billion in 2024, the highest in five years, but the bulk of the funds were speculative, raising fresh concerns about the sustainability of the investment boom. The latest capital importation figures released by the National Bureau of Statistics (NBS) show that […] The post Nigeria’s banks attract $7 billion in speculative funds in 2024 appeared first on The Sun Nigeria.

Politics

6 d. ago Gombe: Ali JC’s stalled power project sparks outrage in Talase

Residents accuse lawmaker of abandoning project, warn of 2027 electoral consequences From Abdulrazaq Mungadi Residents and business owners in Talase, the headquarters of Balanga Local Government Area (LGA) in Gombe State, have raised concerns over the suspension of a rural electrification project initiated by the member representing Billiri/Balanga Federal Constituency, Dr Ali Isa JC. The […] The post Gombe: Ali JC’s stalled power project sparks outrage in Talase appeared first on The Sun Nigeria.

Politics

6 d. ago Egbin Power, Ikeja Electric, First Independent Power not in receivership – Management

Egbin Power Plc, Ikeja Electric Plc (IE) and First Independent Power Limited (FIPL) have refuted false media reports originated from read more Egbin Power, Ikeja Electric, First Independent Power not in receivership – Management

Politics

6 d. ago Egbin Power, Ikeja Electric, First Independent Power Ltd not in receivership —Management

Tribune Online Egbin Power, Ikeja Electric, First Independent Power Ltd not in receivership —Management CONTRARY to the news making the round, Egbin Power Plc, Ikeja Electric Plcm (IE) and First Independent Power Limited (FIPL), have refuted media reports al- leging the appointment of “Kunle Ogunba Esq. SAN” as Receiver/Manager over the entities. This was contained in a statement on Wednesday by the Chief Legal and Regu- latory Officer, Ikeja […] Egbin Power, Ikeja Electric, First Independent Power Ltd not in receivership —Management Tribune Online

Politics

7 d. ago Shrinking Industrial Base, Dominant Informal Sector Undermine Economic Growth, NESG Warns

The Nigerian Economic Summit Group (NESG) has raised serious concerns over the country’s weakening industrial capacity and the overwhelming dominance of the informal sector, warning that these structural deficiencies are threatening Nigeria’s long-term economic growth and development. Presenting findings from a new research study on Wednesday, the Group disclosed that despite several promises and policy […]

Events

7 d. ago Court places Ikeja DisCo, KEPCO in receivership worsening Nigeria’s power woes

A Lagos High Court has taken control of Ikeja Electric and KEPCO Energy Resources, two major players in the country’s read more Court places Ikeja DisCo, KEPCO in receivership worsening Nigeria’s power woes

Politics

7 d. ago Weak institutions threaten Nigeria’s democracy, development – Experts 

 …warn Nigeria won’t achieve SDGs 2030 target From Sola Ojo, Abuja Democratic stakeholders have raised serious concerns over the weakening of public institutions in Nigeria, warning that the trend was undermining both democratic governance and the country’s ability to achieve Sustainable Development Goals (SDGs) 2030 target. The alarm was sounded during a one-day Democratic Stakeholders […] The post Weak institutions threaten Nigeria’s democracy, development – Experts  appeared first on The Sun Nigeria.

Politics

7 d. ago BREAKING: FBN Holdings takes over Egbin Power, Ikeja Electric, FIPL

 …Appoints Receiver/Manager By Adewale Sanyaolu FBNQuest Trustees Limited, a subsidiary of FBN holdings has appointed a receiver/manager for KEPCO Energy Resources Limited, a special purpose vehicle for Sahara Energy Resources  Group Limited, owners of Egbin Power, Ikeja Electric and First Independent Power Limited(FIPL). In executing the takeover, FBNQuest has appointed Kunle Ogunba and Associates as […] The post BREAKING: FBN Holdings takes over Egbin Power, Ikeja Electric, FIPL appeared first on The Sun Nigeria.

Politics

7 d. ago Lekki Residents Drilling Boreholes Are Drinking Contaminated Water – Lagos Govt. Warns

The Permanent Secretary of the Office of Drainage Services in Lagos State, Mahmood Adegbite, has raised serious concerns over water safety in the Lekki axis, warning that residents who rely on boreholes may be consuming contaminated water. Speaking during a recent stakeholders’ meeting, posted on social media on Tuesday, Adegbite highlighted issues surrounding flooding, poor […] The post Lekki Residents Drilling Boreholes Are Drinking Contaminated Water – Lagos Govt. Warns appeared first on Information Nigeria.

Events

8 d. ago Internal Tensions, Power Plays, Underperformance Threaten NSSF Stability

As the Nigeria Shooting Sports Federation (NSSF) approaches its upcoming elections, insider revelations and leaked correspondences have painted a troubling picture of political maneuvering, entrenched non-performance, and a last-minute push by certain board members to delay the transition—raising serious concerns about motives, transparency, and leadership accountability. According to multiple sources within the Federation, a small […]

Politics

9 d. ago NiMet predicts widespread rain, thunderstorms nationwide from Monday

By Seyi Babalola Nigeria’s Meteorological Agency (NiMet) has issued a warning for widespread thunderstorms and heavy rainfall across the country beginning Monday, raising concerns of flash floods in some regions. The three-day prediction, announced on Sunday in Abuja, indicates increased hazards as the country enters a critical rainy season. On Monday, the agency projected early […] The post NiMet predicts widespread rain, thunderstorms nationwide from Monday appeared first on The Sun Nigeria.

Politics

1 week ago Electricity Distribution: Loss Levels Exceed Regulatory Limits, Adelabu Laments

The Minister of Power,  Adebayo Adelabu, has raised serious concerns about ongoing challenges in the country’s electricity distribution sector, emphasising that power loss levels remain above regulatory limits. This is as the minister said that Nigerians will experience uninterrupted electricity supply before President Bola Tinubu tenure ends. Speaking at the inauguration of the Kwaru 1X15 […]

Politics

1 week ago Fitch flags risk of price, liquidity crisis for Nigeria’s N2.77trn gold reserves

Tribune Online Fitch flags risk of price, liquidity crisis for Nigeria’s N2.77trn gold reserves Nigeria’s gold reserves—valued at over N2.77 trillion as of the end of 2024—may be at risk of a price and liquidity crisis, according to a warning from BMI, a unit of the Fitch Group. The warning raises fresh concerns about the growing reliance on gold by sub-Saharan African central banks as a strategic store of […] Fitch flags risk of price, liquidity crisis for Nigeria’s N2.77trn gold reserves Tribune Online

Politics

1 week ago Ikeja Electric inaugurates Kwaru 15MVA injection substation to boost power supply

By Adewale Sanyaolu   Ikeja Electric Plc has inaugurated a new, cutting-edge Kwaru 15MVA injection substation in Abaranje, Ikotun area of Lagos State, Nigeria. The power infrastructure is set to drastically improve power supply quality and reliability for thousands of residents and businesses within the rapidly developing Ikotun corridor. The commissioning ceremony, held at the […] The post Ikeja Electric inaugurates Kwaru 15MVA injection substation to boost power supply appeared first on The Sun Nigeria.

Politics

3 w. ago Ekiti: Governorship aspirant Fayose laments deplorable federal roads, offers relief

From Priscilla Ediare, Ado-Ekiti A governorship aspirant of the Peoples Democratic Party (PDP) in Ekiti State, Otunba Emmanuel Fayose, has raised concern over the deteriorating state of federal roads in the state. Fayose, who said the deplorable conditions of the federal roads have brought suffering and exposed the lives of motorists and travellers plying them […] The post Ekiti: Governorship aspirant Fayose laments deplorable federal roads, offers relief appeared first on The Sun Nigeria.

Politics