Month: July 2025

Nigerian-born UK-based singer, songwriter and gospel artiste, Clifford Enobun, made a comeback in the music scene post a three-year hiatus with his latest single ‘Psalm 91’. A popular prayer in the scripture, ‘Psalm 91’ speaks of God’s protection upon those who believe and trust in His mercy and walk in His ways. Clifford’s adaptation and […]

Work has commenced on the Keffi Flyover and Underpass in Nasarawa State, another landmark initiative in the Governor Abdullahi Sule-led administration’s series of legacy projects. With the Lafia flyover and underpass completed and commissioned by President Bola Ahmed Tinubu last month, Sule performed the groundbreaking for Keffi the penultimate week. This is even as the […]

Amid ongoing debate over electricity tariff determination in Enugu State, a  former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, has thrown his weight behind the tariff review process implemented by the Enugu Electricity Regulatory Commission (EERC), urging stakeholders to focus on engaging with the actual cost figures provided by the company. […]

High interest rates have been identified as the biggest constraint for Nigerian business firms, surpassing longstanding challenges such as insecurity and insufficient power supply, results of the Central Bank of Nigeria’s (CBN) latest Business Expectation Survey (BES) have revealed. Conducted in June 2025 with a sample of 1,900 firms across sectors, the BES survey assigned […]

The Nigerian Safety Investigation Bureau (NSIB) has strengthened its commitment to improving road safety through a strategic partnership with the Federal Road Safety Corps (FRSC). The signing of a memorandum of understanding (MoU) between the two agencies is aimed to broaden safety investigations across all modes of transport, including road, aviation, maritime, and railway. Speaking […]

International rating agency, Fitch Ratings has upgraded Benue State’s Long-Term Issuer Default Ratings (IDR) to ‘B’ from ‘B-‘ and National Long-Term Rating to ‘A(nga)’ from ‘A-(nga)’ as it affirmed Lagos and Kaduna states’ Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B’. The rating agency in its latest rating of the three states noted […]

Dangote Sugar Refinery Plc has reported a revenue of N430.21 billion in the first half of the year ended June 30, 2025. The Company six months results released on the Nigerian Exchange Plc showed that revenue grew by 45.53 per cent from N295.62 billion earned in the same period in 2024 to N430.21 billion under […]

Former Power Minister, Prof. Bart Nnaji has said that until Nigeria fulfilled investment commitments in gas infrastructure that would sustain adequate gas supply to thermal power stations, the growth of the power sector would continue to experience generation shortfall. Nnaji, said in the next two decades power generation in the country would be dominated by […]

Moody’s has affirmed Ecobank Transnational Incorporated’s (ETI) B3/Not Prime long- and short-term issuer ratings; B3 senior unsecured debt rating; b2 notional Baseline Credit Assessment (BCA); and b1 Adjusted BCA. At the same time, rating analysts at Moody’s said they have changed the outlook on the group’s long-term issuer and senior unsecured debt ratings to stable […]

Daikin, in collaboration with the Japan International Cooperation Agency (JICA), has launched a nationwide initiative to promote high-efficiency inverter air conditioners as a sustainable solution to Nigeria’s escalating energy demands. According to Daikin, the launch event, held at the Abuja Continental Hotel, marked a significant step in driving energy savings and reducing greenhouse gas emissions […]