Amid Middle-East Tensions that have made Aviation fuel also known as Jet-A1 experience over 300 per cent surge in price, domestic airlines under the umbrella of the Airlines Operators of Nigeria (AON) have issued a warning of a possible nationwide ...
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Ecobank Reports $801m Profit Before Tax For 2025
Ecobank Transnational Incorporated (ETI) has reported a pre-tax profit of N801 million for the 2025 financial year, reflecting sustained revenue generation from its diversified operations across sub-Saharan Africa. The Group in its 2025 audited results for the year ended December ...
Read More »‘Elumelu Effect’ Drives Seplat to N10,000 Per Share Milestone—Heirs Energies
Seplat Energy Plc’s milestone of trading above N10,000 per share, has been directly linked to the strategic investment by Tony Elumelu’s Heirs Energies. Seplat Energy become the first company in the 65-year history of the Nigerian Exchange (NGX) to cross ...
Read More »N210trn Audit: Senate Gives NNPCL April 29 Deadline
The Senate, on Wednesday, through its Committee on Public Accounts, set April 29 as the deadline for the management of the Nigerian National Petroleum Company Limited (NNPCL) to appear before it and account for the yet-to-be-explained N210 trillion contained in ...
Read More »Nigeria’s Debt Stock Rose By N14.61trn In 2025
Nigeria’s total public debt increased by N14.61 trillion in 2025, rising to N159.28 trillion as of December 31, according to the latest provisional data released by the Debt Management Office (DMO) on Wednesday. The figure represents a 10.1 percent year-on-year ...
Read More »SEC Orders Immediate Asset Freeze On 13 Terrorism-Linked Entities
Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC), has directed an immediate freeze on the assets of 13 newly- designated terrorism-linked entities, intensifying efforts to disrupt financial networks tied to insecurity. The directive, titled: “Commission’s sweeping compliance ...
Read More »IMF Lowers Nigeria’s 2026 Growth Projections to 4.1% Over Rising Fuel, Fertiliser Prices
The IMF in its April 2025 World Economic Outlook revised downwards Nigeria’s 2026 growth from 4.4 per cent which it projected in January this year to 4.1 per cent while growth is expected to rise to 4.3 per cent in ...
Read More »Jos DisCo Launches Power Watch To Combat Energy Theft In Franchise States
Jos Electricity Distribution Plc (JED Plc) has launched a new initiative, Power Watch, aimed at curbing the growing menace of energy theft and other illegal activities affecting its operations across franchise states. The Managing Director/Chief Executive Officer, Engr. Sediko Douka ...
Read More »ADC Crisis: Court Orders Status Quo In State Chairmen’s Suit
The Federal High Court in Abuja on Tuesday ordered all parties in a suit over the leadership crisis rocking the African Democratic Congress (ADC) to maintain the status quo pending the determination of the case. Justice Joyce Abdulmalik issued the ...
Read More »Court Declares Compulsory Vaccination Order Unconstitutional
Justice Ambrose Lewis-Allagoa of the Federal High Court in Lagos has declared that mandatory or coercive medical interventions, such as vaccination without voluntary consent, are constitutional. Justice Lewis-Allagoa made this declaration while delivering judgment in a fundamental rights enforcement suit ...
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