By Seun Ibiyemi Three West African countries—Benin, Togo and Niger have collectively defaulted on $9.55 million (approximately ₦12.87 billion) in payments for electricity supplied by Nigeria in the fourth quarter of 2025. This is according to the latest report released by the Nigerian Electricity Regulatory Commission (NERC), which detailed remittance performance by both international and…
By Seun Ibiyemi The West African Health Organisation (WAHO) has convened its Annual Steering Committee Meeting on financial support to ECOWAS Member States, bringing together key regional stakeholders to enhance health sector performance and accountability. The three-day meeting, which opened on April 14, 2026, in Freetown, Sierra Leone, is focused on reviewing progress, strengthening coordination,…
The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has announced plans to ramp up investments across West Africa over the next five years, as part of efforts to accelerate regional economic integration and development. The decision was reached at the Bank’s 24th Annual General Meeting (AGM), held on April 8,…
…As 34 NSDP beneficiaries obtain CoC By Seun Ibiyemi The Director General of the Nigerian Maritime Administration and Safety Agency NIMASA, Dr. Dayo Mobereola, has described beneficiaries of the Nigerian Seafarers Development Programme (NSDP) who recently obtained their Certificates of Competency (CoC) as worthy ambassadors of Nigeria, noting their commendable character and professionalism. Speaking during…
By Seun Ibiyemi The Managing Director of the Rural Electrification Agency (REA), Dr. Abba Aliyu, has described the newly released mini-grid regulations by the Nigerian Electricity Regulatory Commission (NERC) as a landmark reform set to accelerate renewable energy deployment across underserved communities in Nigeria. Aliyu said the updated framework marks a major shift in Nigeria’s…
By Seun Ibiyemi The Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), has reiterated his administration’s commitment to intensifying efforts against drug abuse and illicit trafficking through strengthened collaboration with security agencies. Dauda made this known on Wednesday while receiving the Area Commander of the National Drug Law Enforcement Agency (NDLEA), Ojodu Command,…
Leaders of the African Democratic Congress (ADC), including former Senate President David Mark, former Vice President Atiku Abubakar, and former governor Rauf Aregbesola, on Tuesday launched a strong attack on President Bola Tinubu’s administration over rising insecurity and worsening economic hardship in the country. The party leaders spoke at the ADC national convention themed “So…
By Seun Ibiyemi The Federal Government through the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has ruled out any plan to reintroduce fuel subsidy despite rising petrol prices triggered by the ongoing Middle East conflict. Edun made this position known on Tuesday during a media briefing of the Intergovernmental Group of…
By Seun Ibiyemi The Nigeria Revenue Service (NRS) has recorded a significant boost in revenue collection, with total collections rising from ₦6.8 trillion five years ago to ₦28.7 trillion in 2025, reflecting the impact of sweeping tax reforms and institutional restructuring. Executive Chairman of the NRS, Zacch Adedeji, disclosed this on Tuesday during the commissioning…
By Seun Ibiyemi The Nigerian naira recorded a mixed performance on Tuesday, reflecting continued volatility in the foreign exchange market amid ongoing efforts to stabilise the currency. At the official window, data from the Central Bank of Nigeria indicated that the naira traded within a relatively stable range against the United States dollar, supported by…
