By Seun Ibiyemi Retirees of the Nigerian Ports Authority (NPA) have issued a seven-day ultimatum to authorities, threatening to embark on a nationwide protest over more than 16 years of unpaid pension increments and benefits. The pensioners, under the aegis of the Nigerian Ports Authority Pensioners Welfare Association, disclosed this in a statement on Sunday,…
By Seun Ibiyemi Operatives of the Ogun State Police Command have arrested four suspected cultists in connection with assault, armed robbery, and unlawful possession of a firearm in Ilaro area of the state. This was stated in a statement issued by the Police Public Relations Officer, DSP Oluseyi B. Babaseyi, on Monday, in Abeokuta. The…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has described the Federal Government’s 2026 fiscal policy measures as a bold step toward accelerating industrial growth, while warning of potential disruptions for businesses reliant on imports. In a policy brief issued on Sunday, CPPE Chief Executive Officer, Dr. Muda Yusuf, said the…
The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has allotted a total of N3.64 billion in its April 2026 Savings Bond offer, reflecting sustained interest among retail investors in government-backed securities. According to offer results released after the subscription window closed between April 7 and April 10, the issuance featured…
By Seun Ibiyemi The Nigerian Exchange Limited (NGX) recorded a strong performance for the week, with investors gaining N8.661 trillion amid heightened trading activity. According to a report, market capitalisation rose by 6.60 per cent to N139.827 trillion from N131.166 trillion recorded in the previous week. Similarly, the NGX All-Share Index advanced by 6.57 per…
By Seun Ibiyemi Former Kaduna State governor, Nasir El-Rufai, has raised alarm over what he described as a coordinated attempt to malign his reputation, following recent developments surrounding his ongoing legal challenges. In a statement issued on Sunday by his Media Adviser, Muyiwa Adekeye, El-Rufai alleged that efforts to undermine him began with what he…
By Seun Ibiyemi The Transmission Company of Nigeria (TCN) has announced a force majeure on the Ikeja West–Osogbo 330kV transmission line following a severe rainstorm that struck on Thursday, April 16, 2026. In a statement issued by the General Manager, Public Affairs, Ndidi Mbah, the company disclosed that the transmission line tripped during the storm…
By Seun Ibiyemi The Federal Government through the Ministry of Finance has dismissed recent media reports alleging that a significant portion of Nigeria’s federation earnings is being diverted or concealed, describing such interpretations as a misrepresentation of findings in the latest Nigeria Development Update by the World Bank. In a statement issued, the Honourable Minister…
By Seun Ibiyemi The Managing Director of the Rural Electrification Agency (REA) , Abba Aliyu, has been honoured with an Award of Excellence for transparency and efficiency in the execution of renewable energy projects. Aliyu received the recognition on Friday in Lagos from the Editorial Board of Energy Times. Chairman of the board, Yakubu Lawal,…
By Seun Ibiyemi NNPC Retail Limited has strengthened its commitment to gender inclusion with the successful hosting of the second edition of its women-focused initiative, She-Fix 2.0, in Abuja. The programme, themed “Driving Diversity, Powering Progress,” attracted more than 300 participants, including women professionals, entrepreneurs, young technicians, and key players in the energy industry. Delivering…
