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News

18 Govs under EFCC probe -Olukoyede

…Narrates how ex-gov was embarrassed for spraying ponds at UK party BY ADEGBOYEGA STEPHEN The chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Olukoyede, has said the agency is currently investigating 18 sitting governors. He said the agency would swoop on the said governors at the expiration of their tenures. Olaukoyede disclosed this […]
times of the state

Bayelsa Woos Investors in Sector’s Huge Potential As NIPSS Team Rounds Off Study Tour

By Aherhoke Okioma Bayelsa State Government has again indicated its determination for effective collaboration with reputable individuals and firms to harness the abundant resources in the blue economy sector of the state. The Deputy Governor, Senator Lawrence Ewhrudjakpo, indicated the state’s readiness at a dinner organized by the state government in honour of
times of the state

Dissent against Tantita is proof of its success – INYA

By Owen Akenzua Comrade Eniwake Orogun, President of the Isoko National Youth Assembly (INYA), has declared that opposition to Tantita Security Services stems not from its failures, but its overwhelming success. “Those calling for the contract’s cancellation are not victims of poor performance; they are beneficiaries of the old corrupt system who want a return […]
Economy

Stanbic IBTC secures CNY800m loan from China Development Bank

BY TEMITOPE ADEBAYO Stanbic IBTC Bank has secured a landmark CNY800 million (Renminbi) three-year term loan facility from the China Development Bank (CDB), in a major step to strengthen Africa-China financial cooperation and support Nigeria’s growing trade and investment ties with Asia’s largest economy. The facility, signed under the broader strategic partnership between
Economy

Dangote Refinery maintains marketer partnership, restructures scheme over abuse

The Dangote Refinery has reaffirmed its commitment to working with petroleum marketers despite suspending its discounted fuel supply programme, following widespread abuse of the scheme by affiliate partners. The company announced that while the collaboration remains active, it is being restructured to ensure accountability and protect market stability. The suspension,
News

Electricity Act 2023 set to recover $29bn GDP loss—UNDP

BY CHUKWUEMEKE IWELUNMO The United Nations Development Programme (UNDP) has projected that Nigeria’s implementation of the 2023 Electricity Act could reverse energy-related losses estimated at US$25–29 billion annually, equivalent to 5–7 per cent of the country’s Gross Domestic Product (GDP). The agency noted that improved electricity access and reforms under the Act are
Economy

Investors’ confidence lifts collective investment schemes to N5.98trn in H1 2025

BY MOTOLANI OSENI Collective Investment Schemes (CIS) in Nigeria surged to a record N5.976 trillion in the first half of 2025, driven by rising investor confidence, stronger public awareness, and the schemes’ growing reputation as a safe and diversified investment vehicle. Data from the Securities and Exchange Commission (SEC) as at June 27, 2025, showed […]
Politics

Offoboche rallies lawmakers, stakeholders to actualise Ogoja state creation dream

By Ukpono Ukpong Hon. Charles Offoboche, a former House of Representatives aspirant under the People’s Democratic Party (PDP) in the 2022 by-election, has renewed calls for the creation of Ogoja State, urging lawmakers and stakeholders to intensify efforts toward realising the long-standing demand. This is as he likened the quest to a pregnancy nearing its […]