… acknowledges the ongoing power outages in some parts of the state By our Reporter The Akwa Ibom State Government has dismissed as false and malicious a publication alleging that the state-owned Ibom Power Company is being sold as scrap, ...
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World Cup Playoff: FIFA Sanctions Nigeria, DR Congo
Both Nigeria and the Democratic Republic of Congo have been hit with sanctions from FIFA following their heated 2026 World Cup playoff last November. The global football governing body found both national football associations in breach of disciplinary regulations during ...
Read More »CBN Waives Affidavit Requirement For Dormant Account Reactivation
The Central Bank of Nigeria (CBN) has waived the affidavit requirement for reactivating dormant bank accounts, easing access to long-stagnant funds for millions of Nigerians. This move aims to unlock billions of naira trapped in inactive accounts, boost financial inclusion, ...
Read More »Dangote, GCL Group Sign $4.2bn Gas Deal For Ethiopia Fertiliser Plant
Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalised a landmark $4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia. The agreement, signed in Lagos, reinforces one of ...
Read More »NLNG Expands Vocational Innovation Business Empowerment Scheme
…Inducts 103 New Beneficiaries Nigeria LNG Limited (NLNG) has scaled up its Vocational Innovation Business Empowerment Scheme (VIBES), inducting 103 new trainees into its 2026 cohort to foster entrepreneurship in host communities. The company said, the induction ceremony, held in ...
Read More »Capital Market Switch To T+1 Settlement Cycle On May 29, 2026
Central Securities Clearing System (CSCS) Plc, has said that the Nigerian capital market is set to transition to a T+1 settlement cycle on May 29, 2026, aiming to enhance post-trade efficiency and reduce settlement risk. CSCS in a statement said ...
Read More »Why AI Education Should Be Integrated Into Nigeria`s School Curriculum
Artificial intelligence (AI) is a driving force of the fourth educational revolution and a major carrier of the technological progress that is changing societies and economies globally. Integrating AI into Nigeria`s school curriculum presents a transformative opportunity to improve learning outcomes, enhance ...
Read More »Air Peace Replies NCAA, Says Bird Strike Triggers Abuja-London Flight Return
Air Peace Airline has responded to the Nigerian Civil Aviation Authority (NCAA), saying passengers on its Abuja–London flight were not abandoned. Still, they were properly cared for upon the aircraft’s return to base. In a statement issued by the airline’s ...
Read More »Togo Craves For Increased Power Supply From Nigeria
The Republic of Togo has expressed interest in increasing the volume of electricity it currently purchases from Nigeria through the Niger Delta Power Holding Company (NDPHC), as part of efforts to meet growing power demand and extend reliable electricity supply ...
Read More »Rising Oil Prices, Power Outages Push Manufacturers To Brink
Nigerian manufacturers are facing renewed pressure from soaring energy costs and worsening electricity supply, further raising the cost of production and threatening industrial output due to the escalating geopolitical tensions in the Middle East involving the United States, Israel and ...
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