By John Alechenu The presidential candidate of Labour Party in the 2023 general election, Peter Obi, has bemoaned the perennial power situation in the country. He said the collapse of the national... Read more »
By Obas Esiedesa Abuja-Forty-eight hours after the national power grid collapsed for the fourth time in 2024, the Transmission Company of Nigeria, TCN, yesterday, disclosed that it has deployed a new technology,... Read more »
Nigeria’s foreign reserves fell to $32.29 billion on April 15, the lowest in over six years. According to the latest data from the Central Bank of Nigeria, CBN, the reserves moved from... Read more »
By Solomon Odeniyi The Federal High Court in Abuja, on Wednesday, fixed May 20 to decide on separate applications praying for the restoration of the bail granted to the leader of the Indigenous... Read more »
By Gbenga Oloniniran Around 70 people have been killed by heavy rains lashing Afghanistan over the past five days, the government’s disaster management department said on Wednesday. Neighbouring Pakistan has also been hammered... Read more »
By Anozie Egole The Nigerian Ports Authority says has secured a $700m loan from Citibank for the rehabilitation of the Apapa and Tincan Island Ports in Lagos. The loan was funded by the... Read more »
The Central Bank governor, Olayemi Cardoso, has said the recent decline in the nation’s foreign reserves was used to settle debts owed to international creditors and not to defend the naira. The... Read more »
By John Alechenu The meeting of the National Caucus of the Peoples Democratic Party (PDP), is set to begin as former Vice President, Atiku Abubakar, Minister of the Federal Capital Territory (FCT),... Read more »
By Udeme Akpan, Energy Editor The Chief Executive officer, CEO, Rainoil Limited, Gabriel Ogbechie, said the federal government now spends N600 billion on petrol subsidy monthly. Speaking during the Stanbic IBTC Energy... Read more »
By Adebayo Folorunsho-Francis The ruling All Progressives Congress has announced that it will not obey the court order restraining the National Chairman of the All Progressives Congress, Dr Abdullahi Ganduje, from parading himself... Read more »