The federal government has begun the process of performing a comprehensive asset inventory in order to effectively profile, evaluate, and register all national assets, with a focus on determining the true value of the assets for fiscal planning purposes.
Nigeria now has enormous negative net assets in its 2021 consolidated financial accounts, totaling N39 trillion,...
Electricity distribution companies Ikeja Electric and Eko Electric have been instructed by the Federal Competition and Consumer Protection Commission (FCCPC) to stop installing Unistar prepaid meters for customers.
Additionally, the Commission required DisCos to carefully follow industry rules regarding charging unmetered customers and to count energy users before grouping them into bands. The Nigerian Electricity...
Five passengers were cruelly taken by alleged kidnappers who killed a commercial driver, Emeka, while they were traveling from Kebbi State to Asaba, Delta State.
The sad incident between Kwana-Barau and Kundu village in Niger State was understood to have occurred last weekend.
The state police command published a statement yesterday revealing that the attacker ambushed...
On Tuesday, Taofeek Saula, 57, showed up in an Ota Magistrates' Court in Ogun on charges of assaulting another man while brandishing a dangerous weapon.
Saula, whose address was not given, is charged with four counts: malicious damage, conspiracy, assault, and threat to life.
The court was informed by the prosecutor, Insp E.O. Adaraloye, that the...
Due to the high interest rates on their debts, Nigerians' personal loan balances with commercial banks decreased from N7.52 trillion in the first quarter of 2024 to N3.47 trillion in the second quarter of the same year.
This is in line with the most recent quarterly economic data for Q2 2024 from the CBN, which...
