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Policy and Regulations

NLC, FG hold closed-door talks over labour rights issues

Details have emerged of a closed-door meeting between the leadership of the Nigeria Labour Congress and top officials of the Federal Ministry of Labour and Employment, with indications that organised labour confronted the Federal Government over alleged labour rights violations, outstanding agreements and other contentious issues that recently put Nigeria under international scrutiny. Vanguard reported […]

Business

NNPCL adopts performance-based funding model for state refineries

The Nigerian National Petroleum Company Limited has announced plans to end the practice of funding the Port Harcourt and Warri refineries through crude-backed loans, adopting a performance-based financing model aimed at ensuring the facilities become commercially viable. Under the new approach, both refineries will be required to operate as financially self-sustaining entities, raising funds for […]

featured Insurance

NAICOM boss charges NIA to rebuild public trust in insurance

Commissioner for Insurance, National Insurance Commission, Mr. Olusegun Ayo Omosehin, has charged the Nigerian Insurers Association, to lead the rebuilding of public trust in insurance as the industry enters a new phase of transformation. He gave the charge at the Investiture Ceremony of Mrs. Ebelechukwu Nwachukwu as the 27th Chairman of the NIA in Lagos […]

Electricity

Grid faults, flood plunge parts of Lagos, Osun into darkness

Parts of Lagos and Osun states have been plunged into blackouts following separate disruptions to electricity infrastructure. The outages were caused by the failure of two major transmission lines, which reduced power supply to Lagos, and flooding that damaged electricity distribution facilities in parts of Osun. The Eko Electricity Distribution Company said on Sunday that […]

featured News

Tinubu orders ICPC to probe ‘fake’ presidential council

President Bola Tinubu has directed the Independent Corrupt Practices and Other Related Offences Commission to investigate the activities of a purported Presidential Foreign Intervention Promotion Council and all matters connected to it. The directive was contained in a statement issued on Tuesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. According to […]

Opinion

Tegbe’s appointment will reposition power sector, says OAU alumni

The management and alumni of Obafemi Awolowo University, Ile-Ife, have expressed confidence that the appointment of Engr. Joseph Tegbe as Minister of Power will accelerate Nigeria’s quest for stable and efficient electricity supply. Vanguard reported that the university’s Public Relations Officer, Abiodun Olarewaju, in a statement, described Tegbe as an individual with impeccable character, proven […]

Policy and Regulations

NPO hails Tinubu’s directive to probe Meta, Alphabet, X

The Nigerian Press Organisation has welcomed and commended the directive by President Bola Tinubu requesting that the Federal Competition and Consumer Protection Commission launch a formal investigation into major global technology companies and generative artificial intelligence platforms operating in Nigeria. Vanguard reported that in a statement signed by the Deputy President (NPAN/NPO), Frank Aigbogun, noted […]

News

Flood to affect 18m Nigerians, farmlands, healthcare centres – NiHSA

As floods ravage parts of the country, the Nigeria Hydrological Services Agency has predicted that over 18 million Nigerians are exposed to heavy flooding in the 2026 flood forecast. Speaking exclusively with Vanguard, the Director General, NiHSA, Arc Umar Mohammed, said the predictions were made to ensure state governments do the needful to quickly put […]

Electricity

Zimbabwe restores power after nationwide grid collapse

Zimbabwe has restored electricity to most parts of the country following a nationwide power outage caused by the collapse of its national grid, authorities said on Tuesday. The blackout occurred at about 6:24 p.m. local time on Monday after a fault developed on the country’s electricity network, according to the state-owned Zimbabwe Electricity Supply Authority. […]

Electricity

Togo, Benin, Niger owe Nigeria $12.66m electricity debt — NERC

The Nigerian Electricity Regulatory Commission has said that Togo, Republic of Benin and Niger Republic failed to pay $12.66 million electricity bill in the first quarter of 2026. Of the $17.48 million bill that was issued to them, the three international customers remitted $4.84 million, being 27.57 per cent for the energy the electricity Generation […]