The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied issuing any directive to stop gas supply to power-generating companies (GenCos). In a statement issued on Wednesday, the authority also refuted claims that it instructed wholesale gas suppliers to…
Access Holdings Plc has announced that its banking subsidiary, Access Bank UK Limited, has launched The Access Bank Malta Limited, a fully owned subsidiary based in Malta, marking a significant step in enhancing trade connectivity between Europe and Africa. The…
The Bank of Industry (BOI) has announced the disbursement of N22.89 billion to 29 manufacturers as part of the Federal Government’s N75 billion Manufacturing Sector Intervention Fund. Olasupo Olusi, the managing director of BOI, made this announcement during an interactive…
The Federal High Court in Abuja has granted bail to Yahaya Bello, the immediate past Governor of Kogi State, who is facing charges of alleged ₦80 billion fraud. Justice Emeka Nwite, presiding over the session on Friday, set the bail…
The 36 state governors in Nigeria have unanimously agreed to establish state police as a strategic move to address the nation’s growing insecurity challenges. This was part of the resolutions of the National Economic Council (NEC) meeting presided over by…
PRESS STATEMENT Delivers progress report to the President, as assignment to revamp Nigerian sports continues The leadership of the National Sports Commission (NSC), under the chairmanship of Mallam Shehu Dikko, and Director General, Hon. Bukola Olopade, have presented a progress…
By Saifullahi Muhammad The House of Representatives has launched an investigation into the Nigeria Customs Service (NCS) over allegations of smuggling and misconduct involving its officers. The decision was made during Wednesday’s plenary session, following a motion of urgent public…
The Nigerian Bar Association (NBA) Wednesday urged magistrates to strictly adhere to the law while giving remand orders, cautioning them against carrying out such actions in the absence of properly filed charges. The body further called on chief judges across…
The Dangote Petroleum Refinery has achieved a major milestone with the export of its first-ever shipment of Premium Motor Spirit (PMS), popularly known as petrol, to Cameroon. This historic transaction was executed through a strategic partnership with Neptune Oil, a…
Justice Peter Kekemeke of the Federal High Court in Abuja on Wednesday directed security agencies to seize copies of the book by Dele Farotimi, “Nigeria and Its Criminal Justice System”. The ruling follows an ex parte application filed by Kehinde…
By Saifullahi Muhammad The Niger Delta University (NDU) in Bayelsa State has been paralyzed for four weeks as the Academic Staff Union of Universities (ASUU-NDU chapter) strike persists. The industrial action, sparked by unpaid salaries, poor working conditions, and unfulfilled…
The Nigerian national grid has reportedly collapsed for the 12th time in 2024, plunging several parts of the country into darkness. The incessant collapse is drawing critical concerns from the public about the instability of Nigeria’s power infrastructure. As at…
Nairametrics, Nigeria’s leading financial media platform, is proud to announce the upcoming launch of its Nairametrics Top 100 Companies Index—a definitive ranking of Nigeria’s largest and most impactful companies. Inspired by global benchmarks such as the Fortune 500, the Index…
Politician and former governor of Anambra State, Peter Obi has insisted that Nigerian leaders found guilty of corrupt practices must face tough sanctions, impressing the need for an end to economic wastage in the country. Obi insisted in a statement…
The Nigerian Civil Aviation Authority (NCAA) says it will sanction airlines who delay ticket refunds. According to the NCAA’s Director of Public Affairs and Consumer Protection, Michael Achimugu ticket refund compliance is a crucial part of the agency’s consumer protection…