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Global markets brace for prolonged volatility as economic

  • 30th May 2026

Lagos waste recovery facilities to create 5,000 new

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PoS operators threaten to suspend Verve card transactions

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Dangote Sugar launches massive ₦486bn rights issue

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NNPCL revenue jumps 79% to ₦4.97tn

Oil and Gas

Govs considering ₦100,000 minimum wage amid hardship — NGF

featured Finance

Food imports drop to $2.34bn despite forex surge

Food

Nigeria’s crude petroleum records 16.37% growth in Q1 2026

Oil and Gas

Tag: Rivers State

Policy and Regulations

NSIB probes Bonny Anchorage vessel collision in Rivers

The Nigerian Safety Investigation Bureau has commenced investigation into the collision involving container vessel MV Maersk Valparaiso and oil tanker MT Lady Martina at Bonny Anchorage in Rivers State. The incident occurred on May 20, 2026. The Bureau has classified the incident as a “Very Serious Marine Casualty”. In a statement issued yesterday by the […]

Housing

Rivers residents spend over 100% income on rent

More than 80 per cent of residents in Rivers State now spend over 100 per cent of their income on house rent, highlighting a deepening housing crisis in the state. According to National Agency of Nigeria, the Executive Secretary of the National Union of Tenants of Nigeria, Mr Ceaser Enwefah, disclosed this on Monday, May […]

Transportation

Rivers drivers beg Fubara to end touts’ extortion, harassment

Some commercial drivers in Port Harcourt and its environs have sent a Save-Our-Soul message to the Rivers State government and the State Police Command over the daily extortion, harassment, and intimidation they are subjected to by touts and area boys. Vanguard reported that to register their grievances, the drivers took their protest to Government House, […]

Aviation featured

Engine failure forces Rivers-bound Arik flight to Edo

The Nigerian Safety Investigation Bureau has revealed that an engine anomaly caused the emergency diversion of an Arik Air Boeing 737-700 aircraft on February 11, 2026. The incident involved the aircraft bearing nationality and registration marks 5N-MJF, which is operated by Arik Air Limited. A statement signed by Funke Arowojobe, Director of Public Affairs and […]

featured Oil and Gas

Navy dismantles illegal refineries, recovers stolen crude in Rivers

The Nigerian Navy said it dismantled illegal crude oil refining activities and recovered suspected stolen crude oil in the Ogba/Egbema/Ndoni area of Rivers State. This was disclosed in a statement issued on Saturday via its verified X handle. The Navy said the operation was carried out under its flagship maritime security initiative, Operation Delta Sentinel. […]

Court dismisses MAN’s lawsuit against electricity tariff hike
Electricity featured

Aba power lights up Rivers community after decade-long blackout

History has been made in Etche Local Government Area of Rivers State, as several communities in the council now receive electricity supply from Aba Power, Nigeria’s newest power distribution company based in Aba, Abia State. According to Vanguard, chairman of Etche Local Government Area, Hon. Chima Njoku, expressed excitement over the development. He described it […]

Policy and Regulations

NMDPRA seals 11 petrol stations in Rivers for under-dispensing violations

The Nigerian Midstream and Downstream Petroleum Regulatory Authority on Friday sealed 11 petrol filling stations in Rivers State for engaging in sharp practices, including under-dispensing products to the public, using failed pumps, and other regulatory infractions. The affected petrol stations are located in Obio-Akpor and Port Harcourt City Local Government Areas of the state. The […]

Rivers assures Germany of secure business environment presentation
featured Finance

Rivers approves N1.8tn budget for 2026

The Rivers State Executive Council has approved a budget proposal of N1.8tn for the 2026 fiscal year. The approval was granted during a meeting of the State Executive Council held on Friday evening. Speaking with journalists after the meeting, the newly sworn-in Special Adviser to the Governor on Economic Matters and Social Development, Professor Peter […]

Oil and Gas

Rivers assembly probes firm over oil spillage damaging community farmlands

The Rivers State House of Assembly has initiated a probe into serious allegations that Renaissance Africa Energy Company Limited failed to address an oil spill that severely ravaged the B-Dere community in the Gokana Local Government Area. This legislative action follows a petition submitted by the community through its Estate Surveyors and Valuers, Hamilton Odom […]

Electricity

Power outage hits Akwa Ibom, Rivers, Bayelsa, Cross River

The Transmission Company of Nigeria has confirmed a forced power outage on the Aba/Itu 132 kilovolt transmission line, which occurred on Saturday, September 13, 2025, at approximately 1:03 am due to a line trip. According to TCN’s spokesperson, Ndidi Mbah, the incident interrupted bulk power supply to the Port Harcourt Electricity Distribution Company and Akwa […]

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