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Politics · The Punch ·Coup: Defendants admit knowledge of plot in video evidence
Defendants in an ongoing coup trial have acknowledged their knowledge of the conspiracy following the presentation of video evidence in court. The footage reportedly shows the suspects admitting to the plot, providing key testimony for the prosecution as legal proceedings continue regarding the attempted overthrow of the government.
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Politics · ThisDay ·WORSENING INSECURITY IN EKPOMA
Residents of Ekpoma, Edo State, are facing increased safety challenges as insecurity levels continue to rise within the region. The deteriorating situation has led to heightened concern regarding the protection of lives and property, necessitating more effective law enforcement measures to address the growing wave of criminal activities in the community.
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Technology · Vanguard ·QCSS targets visibility gaps in digital ecosystem with new platform
QCSS has launched a new platform aimed at addressing visibility gaps within the digital ecosystem. The initiative focuses on enhancing transparency and connectivity for participants in the tech space, providing tools to navigate and identify opportunities more effectively while strengthening the overall infrastructure of the digital economy.
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Other · ThisDay ·
A REWARD FOR LOYALTY
An individual or group has received recognition or a formal appointment as a result of their consistent support and dedication to a specific cause or leadership. This development emphasizes the practice of acknowledging long-term commitment and service through significant professional or public advancements within the current administrative or organizational framework.
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Politics · The Punch ·
Emefiele trial: Court admits co-defendant’s EFCC statement
A Nigerian court has admitted a statement made by a co-defendant to the Economic and Financial Crimes Commission as evidence in the ongoing trial of former Central Bank Governor Godwin Emefiele. This development occurred during legal proceedings where the prosecution seeks to establish its case against the former official and his associates.
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Other · The Punch ·
345 Ogun pilgrims arrive in S’Arabia via Gateway Airport
A total of 345 pilgrims from Ogun State have arrived in Saudi Arabia for the annual religious pilgrimage after departing via the Gateway International Agro-Cargo Airport. This development highlights the state's use of its local aviation infrastructure to facilitate the international movement of its citizens for the holy exercise.
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Politics · ThisDay ·
OBASANJO, INSECURITY AND ECONOMY
Former President Olusegun Obasanjo recently addressed the dual challenges of insecurity and economic instability affecting Nigeria. The discussions focused on the impact of these issues on national stability and the necessity for strategic policy adjustments to improve the country's current socio-economic landscape and public safety.
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Business · The Punch ·
N15.6bn fraud: Court remands Ex-Skye Bank chair in Kuje
A court has ordered the remand of the former chairman of Skye Bank at the Kuje Correctional Centre following charges related to an alleged N15.6 billion fraud. The judicial decision follows legal proceedings initiated against the former executive as part of ongoing efforts to address financial misappropriation within the Nigerian banking sector.
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Other · ThisDay ·
ARREST OF A WILDLIFE TRAFFICKER
Nigerian law enforcement authorities have apprehended an individual suspected of involvement in wildlife trafficking. The arrest signifies ongoing efforts to curb the illegal trade of protected animal species within the country. This enforcement action reflects the government's commitment to upholding environmental regulations and protecting biodiversity against criminal exploitation.
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Business · ThisDay ·
Stock Market Begins May on Positive Note, Up 0.4%
The Nigerian stock market opened the month of May with a bullish trend, recording a 0.4 percent increase in its overall performance. This positive movement marks a strong start for the trading period as investors react to market dynamics. Trading activities on the exchange floor reflected growth in share values during the session.
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Business · ThisDay ·
LCCI: Manufacturing, Energy, Others Pivotal for Nigeria’s Sustainable Economic Expansion
The Lagos Chamber of Commerce and Industry identifies manufacturing and energy as critical sectors for achieving sustainable economic expansion in Nigeria. The chamber emphasizes that prioritizing these industries, alongside other key sectors, is essential for driving long-term growth and enhancing the country's overall economic stability and developmental goals.
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Business · ThisDay ·
Discos’ Revenue Jumps by over N600bn Despite Weak Operational Metrics
Nigerian electricity distribution companies recorded a revenue increase exceeding N600 billion despite facing significant challenges in their operational performance. This financial growth occurred amid persistent technical and commercial inefficiencies within the power sector, highlighting a disconnect between the companies' earnings and the overall quality of service provided to consumers nationwide.
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Business · ThisDay ·
Coinage Fund Secures SEC Approval to Operate as Portfolio Manager
Coinage Fund has obtained official approval from the Securities and Exchange Commission to function as a portfolio manager in Nigeria. This regulatory milestone allows the investment firm to manage diverse asset portfolios on behalf of institutional and individual investors within the Nigerian capital market, enhancing its operational capacity and service delivery.
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Technology · ThisDay ·
NDDC Trains Staff in AI, Drone Operations, Digital Content Production
The Niger Delta Development Commission has initiated a specialized training programme for its staff to enhance digital competencies. The curriculum focuses on artificial intelligence, drone operations, and digital content production. This capacity-building exercise aims to integrate modern technology into the agency's operations for more efficient service delivery and project monitoring across the region.
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Business · ThisDay ·
At Valedictory Meeting, Adelabu Accuses Discos of Failing to Invest
Minister of Power Adebayo Adelabu used a valedictory meeting to criticize electricity distribution companies for failing to provide necessary investment in the power sector. He indicated that the lack of financial commitment from these companies continues to impede the development and reliability of the national power grid.
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Business · ThisDay ·
Addosser Insurance Brokers Marks Five Years of Growth
Addosser Insurance Brokers is celebrating its fifth anniversary, marking a period of consistent expansion and development within the Nigerian insurance sector. The firm has achieved significant milestones since its inception, positioning itself as a growing player in the brokerage industry while reflecting on its past progress and future strategic objectives.
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Business · ThisDay ·
At Valedictory Meeting, Adelabu Accrues Discos of Failing to Invest
During a valedictory meeting, Minister of Power Adebayo Adelabu criticized electricity distribution companies for failing to commit sufficient capital to infrastructure development. He noted that the lack of investment by these operators remains a significant obstacle to improving the national grid. The session focused on addressing systemic issues within the country's power distribution sector.
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Business · ThisDay ·
Ahimie Elected First Female President of CIS
Ahimie has been elected as the first female President of the Chartered Institute of Stockbrokers. This appointment represents a historic milestone for the professional body, which regulates stockbroking standards in Nigeria. She will now lead the organization's efforts in managing the affairs and professional conduct of its members nationwide.
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Business · ThisDay ·
Report: Nigeria’s Petrol Price Dropped 15.6% Y-o-Y
Nigeria’s petrol price recorded a 15.6 percent decline on a year-on-year basis according to a recent report. This reduction highlights a downward trend in fuel costs over the last twelve months, offering a statistical overview of price fluctuations within the country's domestic energy market for stakeholders and consumers.
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Business · ThisDay ·
NEMSA, NERC Collaborate on Safety Enforcement in Power Sector
The Nigerian Electricity Management Services Agency and the Nigerian Electricity Regulatory Commission are partnering to enhance safety standards within the power sector. This collaboration aims to strengthen the enforcement of technical regulations and ensure improved safety protocols across the country’s electricity value chain to protect lives and infrastructure.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.