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DStv, GOtv users lament activation delays as EPL

  • 22nd August 2026

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  • 22nd August 2026

Tinubu orders arrest of fake agency promoter, suspends

  • 21st August 2026

FBI asks US court to keep Tinubu-related records

  • 21st August 2026

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Naira strengthens to ₦1,346.90/$ amid surge in FX activity

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OPEC+ delays meeting on oil output strategy 

The OPEC+ oil alliance has rescheduled its meeting to finalize its crude production strategy to December 5, according to two delegate sources who spoke on condition of anonymity due to the sensitive nature of the discussions. The coalition, comprising the Organization of the Petroleum Exporting Countries and its allies, was originally scheduled to meet on […]

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Reps to invite CBN, Banks over unverified POS operators

The House of Representatives on Wednesday resolved to summon the Central Bank Governor, Olayemi Cardoso, and CEOs of commercial banks to address the challenges arising from the lack of proper documentation of Point of Sale users nationwide. This decision followed a motion sponsored by John Okafor, representing Ehime/Mbano/Uboma/Obowo Federal Constituency, Imo State, during the plenary […]

Iranian hackers target US elections, Microsoft warns
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Hackers steal $17m from Bank of Uganda accounts

Hackers breached the Bank of Uganda’s systems, stealing 62 billion shillings ($17 million), according to New Vision. The attack was attributed to a Southeast Asia-based group called “Waste,” the Kampala-based newspaper reported on Thursday, citing anonymous sources. The bank reportedly managed to recover approximately 37 billion shillings of the stolen funds. According to reports, the […]

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Heineken to launch Gulf’s first large-scale brewery in Dubai

Dubai is set to host the Gulf’s first large-scale brewery as a joint venture involving Heineken NV prepares to produce popular beer brands in the emirate. This marks a significant shift in a region traditionally known for its strict regulations on alcohol sales and consumption. Sirocco, a partnership between Heineken NV and Dubai-based Maritime and […]

Power crisis worsens as National grid collapses again
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Nigeria targets 14,000MW of electricity from hydropower

The Federal Government has announced that Nigeria has sufficient water resources to generate 14,000 megawatts of electricity. This was revealed as the Minister of Power, Adebayo Adelabu, and the Minister of Water Resources and Sanitation, Joseph Utsev, signed a memorandum of understanding for sustainable development. The MOU focuses on implementing the World Bank’s Sustainable Power […]

NERC approves N21bn for free meters to Nigerians
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Meter upgrades remain possible after deadline – DisCo

The Eko Electricity Distribution Company has announced that customers can still upgrade their meters despite the November 24 deadline passing. In a statement, the DisCo noted that customers who have not upgraded their meters will not be able to vend but clarified that the upgrade process is still ongoing. “Can I still upgrade my meter […]

Power crisis worsens as National grid collapses again
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FG’s debt to Egbin Power hits N1.6tn, Senate steps in

The Senate Committee on Privatisation has committed to addressing the ₦1.6 trillion debt owed to Egbin Power Plc by the Federal Government. Egbin Power is one of Nigeria’s largest power generation companies. Recall that In March, the Chief Executive Officer of Egbin Power Plc, Mokhtar Bounour, revealed that the Federal Government owed the GenCo ₦1.4 […]

Access Bank nears completion of National Bank of Kenya acquisition
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Access Bank completes acquisition of Standard Chartered Bank in Angola, Sierra Leone

Access Holdings PLC has announced the successful acquisition of Standard Chartered Bank Angola S.A. and Standard Chartered Bank (Sierra Leone) Limited by its main subsidiary, Access Bank Plc. This milestone was confirmed through a disclosure on the Nigerian Exchange page, signed by the company secretary, Sunday Ekwochi, on November 27, 2024. The announcement follows a […]

Reps adopt tax reforms, retains VAT at 7.5%
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Reps to probe alleged ₦8.4tn withheld by NNPCL

The House of Representatives has directed its Committees on Finance, and Petroleum to investigate claims from the Revenue Mobilisation Allocation and Fiscal Responsibility Commission. These reports allege that the Nigerian National Petroleum Company Limited withheld ₦8.48 trillion as purported subsidies for petrol. The House further stated that “the investigation will address the NEITI report stating […]

Nigeria to phase out diesel, embrace hybrid energy — Shettima
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FG secures $1.27bn in capital from BRICS countries – Shettima

Vice President Kashim Shettima has revealed that Nigeria attracted $1.27 billion in foreign capital from BRICS countries by June 2024, a significant increase from the $438.72 million recorded during the same period in 2023. The BRICS bloc, which includes Brazil, Russia, India, China, and South Africa, has expanded to include newer members such as Iran, […]

MultiChoice denies DStv, GOtv subscription prices claims
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Abuja court quashes NBC’s 2.5% gross income demand for MultiChoice

The Federal High Court in Abuja has invalidated Section 2(10)(b) of the National Broadcasting Code, 6th Edition, which mandated broadcasters to pay 2.5% of their gross annual income as an Annual Operating Levy. This ruling came after a suit by MultiChoice Nigeria Ltd and Details Nigeria Ltd (GO TV) against the National Broadcasting Commission. Justice […]

UK launches Africa's largest visa application centre in Lagos
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UK launches Africa’s largest visa application centre in Lagos

The United Kingdom has officially opened its largest Visa Application Centre in Africa, located in Ikeja, Lagos. This new facility, which is operated in partnership with VFS Global, represents a significant step in enhancing visa application services for Nigerian residents. The new Ikeja centre, along with existing centres in Abuja and Victoria Island, Lagos, began […]

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