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DailyTimesNGR

Court adjourns Nnamdi Kanu’s no case submission for ruling October 10

Kanu, Court

By Andrew Orolua The Federal Government has told the Federal High Court in Abuja that the threat by the Biafra nation agitator, Nnamdi Kanu to break up the country and establish a Republic of Biafra was not a mere empty threat but a deliberate one. Trial Court Judge, Justice James Omotosho after taking arguments and […]

APC commends Tinubu on repositioning nation’s economy

APC

By Tom Okpe The All Progressives Congress, APC, has commended President Bola Ahmed Tinubu over recent rebounding of the Naira and the nations economy. The Nigerian Naira extended its recent gains, strengthening to a four-month high against the US Dollar to close at 1518/$ on Monday. He said Naira has become one of the best […]

HoS promises fairness, transparency in loans disbursement to Delta civil servants

Delta

By Owen Akenzua The Head of Service of Delta State, Dr. (Mrs.) Mininim Oseji has charged all key players to do their due diligence in the consideration, approval and disbursement of Housing and Vehicle Loans to beneficiaries. She gave the charge while presenting cheques to some Civil Servants in her office at Asaba. While commending […]

Lagos to enforce e-Callup on Lekki-Epe corridor from August 1

Lagos

BY TEMITOPE ADEBAYO In a decisive move to streamline traffic and improve logistics efficiency along the Lekki-Epe Corridor, the Lagos State Government, in collaboration with key transportation stakeholders, has announced the full enforcement of the electronic call-up (e-Callup) system starting August 1, 2025. This was the outcome of a high-level stakeholders’ meeting held on June […]

Opeifa hails LASTMA as Nigeria’s boldest public policy success

LASTMA

BY TEMITOPE ADEBAYO The Managing Director of the Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa, has hailed the Lagos State Traffic Management Authority (LASTMA) as a “masterstroke in public policy,” praising its transformative impact on traffic management in Nigeria. Opeifa, a former Lagos Commissioner for Transportation and one of the key figures involved in the […]

LASWA’s Captain Afotan retires after 28 years

LASWA

BY TEMITOPE ADEBAYO A veteran boat captain with the Lagos State Waterways Authority (LASWA), Captain Claudius Adeleke Afotan, has officially retired after an illustrious 28-year career marked by an unblemished safety record. Widely respected for his exceptional discipline and professionalism, Captain Afotan, fondly known as Baba Ilaje, sailed various government patrol boats for a total […]

NRC halts Warri-Itakpe train for 72 hours over technical issues

NRC-railway

BY TEMITOPE ADEBAYO The Nigerian Railway Corporation (NRC) has once again announced the temporary suspension of the Warri-Itakpe Train Service (WITS), just under three months after a previous disruption. Operations were halted on Tuesday, July 15, and Wednesday, July 16, 2025, following what the Corporation described as “unforeseen technical challenges.” The announcement was made via […]

Reckless airport land acquisition: ABSE boss, Idu, wants FG to conduct assessment

ABSE

BY CHUKWUEMEKE IWELUNMO The Chairman of Aviation Business Summit and Expo (ABSE) 2025, Mr Fortune Idu, has called on the Federal Ministry of Aviation and Aerospace to conduct a comprehensive land-use assessment that will identify land-use cases that can free up airport land. In his welcome speech at the ABSE 2025 held at the NIGAV […]

GTCO share price crosses N100 as LSE dual listing drives investor demand

GTCO

BY TEMITOPE ADEBAYO Guaranty Trust Holding Company Plc (GTCO) has become the first Nigerian banking stock to surpass the N100 mark, following a month-long rally driven by strong investor appetite and renewed confidence after its dual listing on the London Stock Exchange (LSE). The stock, which was valued at N71.50 on June 16, surged by […]

NCC proposes new flexible licensing framework to boost telecom innovation

NCC

BY MOTOLANI OSENI The Nigerian Communications Commission (NCC) has unveiled a draft General Authorisation Framework designed to foster innovation and support emerging technologies across the nation’s telecommunications landscape. Targeted particularly at startups and digital services not covered by existing licences, the proposed framework seeks to provide a more adaptive regulatory environment aligned with the rapid […]

Insurance stocks add N59bn in H1 as sector capitalisation hits N586.86bn

insurance

The market capitalisation of insurance stocks listed on the Nigerian Exchange (NGX) rose by N59.37 billion in the first half (H1) of 2025, reaching a total of N586.86 billion as of June 30. This marks a significant gain from N527.50 billion at the beginning of the year, reflecting renewed investor confidence in the sub-sector. Data […]

FG’s tariff freeze pushes power sector subsidy to N1.94trn in 2024-NERC

NERC

BY MOTOLANI OSENI The Federal Government’s decision to freeze electricity tariffs for most consumer categories has triggered a dramatic rise in subsidy spending, with the Nigerian Electricity Regulatory Commission (NERC) reporting that the subsidy bill surged to an all-time high of N1.94 trillion in 2024. According to NERC’s latest report, the freeze—initiated in December 2022—has […]

FCMB backs TEHC with $40m loan for $150m Louisville project in Eko Atlantic

FCMB

BY TEMITOPE ADEBAYO First City Monument Bank (FCMB) has partnered with TotalEnergies Staff Housing Cooperative Multipurpose Society Ltd (TEHC) to finance the flagship Louisville Phase 1 residential tower in Eko Atlantic City, Lagos, with a $40 million loan facility. The tower, comprising 157 high-end residential units including two- and three-bedroom apartments, four-bedroom maisonettes, and five-bedroom […]

Nigeria misses $1bn leather export target as earnings stall at $921m

leather

BY MOTOLANI OSENI Nigeria’s quest to build a billion-dollar leather industry by 2025 has faltered, with export earnings reaching only $921 million in 2024, according to figures from the Nigerian Export Promotion Council (NEPC). Despite high expectations from the National Leather and Leather Products Policy launched in 2021, the sector remains heavily reliant on raw […]

Tribute To An Icon: His Excellency, Muhammadu Buhari, GCFR

Buhari

By Senator Basheer Lado, CON The passing of His Excellency, Muhammadu Buhari, GCFR, former President of the Federal Republic of Nigeria, is a profound national loss — and for me, an intensely personal one. Throughout his life, he personified the highest ideals of patriotism, integrity, and devotion to Nigeria’s unity and progress. Yet, beyond his […]

Disagreement greets move to establish Malaria Eradication Agency

malaria

By Tunde Opalana Mixed feelings greeted the Senate Bill for establishment of National Agency for Malaria Eradication as critical stakeholders in the health sector on Thursday in Abuja gathered to dissect the piece of legislation. The disagreement came to the fore during public hearing on the bill seeking for the establishment of the agency as […]

National Council of Nigerian Legion seeks synergy with Military Pensions Board

pension, reform

By Andrew Orolua In a renewed move to reposition the Nigerian veterans’ welfare agenda, the Chairman of the National Council of Nigerian Legion, Ms. Grace Morenike Henry, has paid a courtesy visit to the Chairman of the Military Pensions Board (MPB) in Abuja. The visit, which marks her first formal engagement with the MPB leadership, […]

27m Nigerians with disabilities locked out of digital future – DBI President

DBI

By Ukpono Ukpong The President and Chief Executive Officer of the Digital Bridge Institute (DBI), David Daser, has raised concerns that more than 27 million Nigerians living with disabilities are at risk of being excluded from the country’s unfolding digital transformation due to systemic and structural barriers. Speaking in Abuja at a sensitization workshop themed […]

NiDCOM commends declaration of July 5 as Ijaw Day in Houston

NiDCOM

By Ukpono Ukpong The Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, has commended the official recognition of July 5 as “Ijaw Day” by the City of Houston, Texas, USA, describing it as a proud and historic moment for the Ijaw people, Bayelsa State, and Nigeria at large. According to a statement signed by […]

Troops kill several terrorists, deny thieves access to crude oil worth N291m- – DHQ

troops

By Andrew Orolua Nigerian troops, even as they mourn former late President Muhammadu Buhari, launched offensive attacks in several theatres resulting in heavy causalities on the part of terrorists and criminals . The huge successes achieved includes the foiling of oil theft worth over Two Hundred and Ninety-One Million, Three Hundred and Twenty-Six Thousand, Four […]