Dr. Asue Ighodalo The Federal High Court sitting in Abuja has struck out two separate suits seeking the removal of the governorship candidate of the Peoples Democratic Party (PDP), Asue Ighodalo in the Edo State gubernatorial poll. The Edo Polls would be held later in the year and Ighodalo was …

MTN Logo Nigeria’s biggest telecoms provider, MTN Nigeria Plc is battling with the country’s harsh operating environment which has dragged it to a N392.6bn loss after tax between January and March. The situation has made the company to lobby for regulatory permission to hike its tariff for voice and data …

Independent Petroleum Marketers Association Of Nigeria (IPMAN) The Independent Petroleum Marketers Association Of Nigeria (IPMAN), an association that oversees the distribution of petroleum products, has cautioned consumers of premium motor spirit (PMS) against panic buying saying the Nigerian National Petroleum Company Ltd is on top of the situation. The National …

Femi Falana SAN Human rights lawyer, Femi Falana, has critised the Federal Government over its recent decision to increase electricity tariffs, alleging that the move is a direct result of pandering to the dictates of the International Monetary Fund (IMF) and the World Bank. In a televised interview on Channels …

NUPRC Chief Executive, Gbenga Komolafe The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has said that how it conducts licensing rounds and gas commercialisation shows its level of transparency and accountability in carrying out its regulatory functions. The NUPRC said it is also focused on leading effective upstream oil and gas operations to …

Despite the increase in price by cement manufacturers early in the first quarter of the year, BUA Cement Plc has recorded 49.1 per cent fall in profit after tax to N17.96bn from N26.8bn it gained in the same period in 2023. The country’s second-largest cement maker’s unaudited financial statement for …

Motorists and others waited for hours in queues at the few filling stations dispensing the product. Other states that experienced acute scarcity are Oyo, Osun, Ondo, Edo, Anambra, Enugu, Abia, Benue, Plateau, Kaduna, Katsina, Niger and Jigawa. The scarcity first hit the Federal Capital Territory (FCT) last week. But an …

Numerous bank customers in Nigeria have expressed concern following the decision by the Central Bank of Nigeria (CBN) to prohibit mobile money operators and fintech firms from onboarding new customers. The CBN directive, however, has received the backing of the Bank Customers Association of Nigeria. As a result, fintech companies such as …

The Nigerian Minister of Power, Adebayo Adelabu, has warned that the country may experience complete lack of electricity in the next three months if the recent hike in electricity tariff is not implemented. He made this statement during an investigation hearing by the Senate Committee on Power in Abuja, concerning …

Unity Bank Plc has engaged students from all the geopolitical zones of the federation as it facilitated financial literacy training in 15 schools as part of activities to mark the 2024 Global Money Week. The Financial Literacy Training was held as a strategy for driving financial inclusion of the Central Bank of Nigeria …