Sunday, 07 June, 2026

Category: Business


After months of impasse and epic legal battles, the iconic Nestoil Towers has been reopened for use by its owners and their promoters following two successive decisions of the Supreme Court in favour of Neconde Energy Ltd. and Nestoil Ltd., Read more…


By AdaLilian Muogbo The Anambra State Signage and Advertisement Agency (ANSAA) has reminded all political parties and candidates participating in 2027 general elections in Anambra State of the need to mandatory requirements to pay and obtain campaign permits from the Read more…


Anambra State Electricity Regulatory Commission (ASERC), has signed four regulatory instruments that would help provide effective governance in the state’s electricity power sector. The regulatory instruments are: Business rules, Customer protection regulations, Licensing regulations, and Investment regulations. Chairman of the Commission, Read more…


The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has declared that major infrastructure projects lined up for commissioning to mark President Bola Tinubu’s third year in office have been fully completed and are ready for inauguration. Wike made Read more…


President Bola Tinubu has forwarded the name of Dr. Zainab Marwa to the senate for confirmation as a member of Governing Board of the Niger Delta Development Commission (NDDC), representing the North-east geopolitical zone. The nomination was to fill a Read more…


The naira extended its appreciation against the dollar on Wednesday at the official foreign exchange market for the third consecutive day. Data from the Central Bank of Nigeria (CBN) showed that the naira further strengthened against the dollar on Wednesday, closing at N1,357.26 Read more…


The attention of Nestoil Limited, Neconde Energy Ltd. and other interested stakeholders has been drawn to the Press Release issued by Mr. Abubakar Sulu-Gambari, SAN, purporting to act as Receiver/Manager over Nestoil Limited and certain assets of Neconde Energy Limited. Read more…


• Says Appeal Court ‘exparte order was unwarranted, uncalled for, frivolous and vexatious’ The Supreme Court has set aside an order of the Court of Appeal freezing the assets of Neconde Energy Limited, Nestoil Limited and two others, over an Read more…


Former Secretary to the Government of the Federation, SGF, Babachir Lawal, has predicted a landslide victory for President Bola Tinubu in the 2027 general election. Lawal made the remark while speaking on Channels Television’s Politics Today on Monday, shortly after Read more…


Washington has reportedly coordinated the passage of 70 cargo vessels despite Trump’s abrupt suspension of Project Freedom The US military has been covertly guiding vessels through the Strait of Hormuz in recent weeks, The New York Times reported on Sunday, Read more…


Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has told the Minister of the Federal Capital Territory (FCT), Nyesom Wike, that the electorate in Rivers State is intelligent enough to decide the outcome of elections in the state. Read more…


Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has pledged to increase Nigeria’s power generation capacity to 10,000 megawatts (MW) if elected in 2027. Speaking on Saturday during the NDC’s national convention held in Abuja, Obi decried the Read more…