Ayomide Kuku

Domestic Airlines Clash With Regulator Over Price Fixing Claims

Domestic Airlines Clash With Regulator Over Price Fixing Claims

The battle between Nigeria’s aviation sector and its competition regulator has escalated following a damning interim report. The Federal Competition and Consumer Protection Commission (FCCPC) claims it has uncovered patterns of “price manipulation” among domestic airlines during the 2025 festive season. In response, the Airline Operators of Nigeria (AON) has dismissed the findings as the…

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Two Nigerians Face Century-Long Prison Terms for $100m Tax Fraud

Victory: Nigeria Defeats European Tech Giant, Saves N9.3 billion

ABUJA — In a historic shift for public sector contracting, Nigeria has won a $6.2 million arbitration case against European Dynamics UK Ltd. The final ruling, delivered at the International Centre for Arbitration and Mediation in Abuja, relieves the nation of a ₦9.3 billion financial exposure. A sole arbitrator, Mrs. Funmi Roberts, dismissed the contractor’s…

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National Debt Hits N153.29 Trillion

National Debt Hits N153.29 Trillion

ABUJA — The Debt Management Office (DMO) has revealed that Nigeria’s total public debt stock climbed to ₦153.29 trillion as of September 30, 2025. This figure represents a ₦900 billion increase from the ₦152.39 trillion recorded in June, marking a marginal 0.59 percent growth over three months. The portfolio encompasses the combined domestic and external…

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Security Forces Rescue Twelve Kidnapped Passengers In Ondo

Police Rescue Three Teenagers in Yola

Operatives of the Adamawa State Police Command have arrested two women over alleged child trafficking in Yola. Officers also rescued three teenage girls from what authorities described as an imminent relocation to Abuja. Police spokesman SP Suleiman Nguroje confirmed the operation on Wednesday. He said intelligence officers intercepted the minors at Adamawa Sunshine Motor Park…

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Vandals Plunge Niger Power Grid into Crisis - TCN

TCN Schedules Niger Substation Maintenance, Four Towns Face Blackout

The Transmission Company of Nigeria has fixed February 18 and 19 for scheduled maintenance at its Zungeru Transmission Substation in Niger State. The company will shut down key equipment daily between 11 a.m. and 5 p.m. Officials confirmed that engineers will service major transformers and critical switchgear units. The intervention targets a 150MVA 330/132/33kV transformer…

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Makoko Demolition Victims Set For Enumeration As Lagos, Community Leaders Strike Deal

A crucial step toward resolving tensions over recent demolitions in Makoko and adjoining waterfront communities has begun, as stakeholders and Lagos State officials agreed to launch a structured self-enumeration process for affected properties. Representatives from Makoko, Sogunro and Oko Agbon communities reached the resolution during a high-level stakeholders’ meeting held at the Lagos State House…

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Tinubu Orders GAMCO to Fix Electricity Grid

President Tinubu Demands Results As NEC Conference Pushes For Inclusive Growth And Stronger Economy

President Bola Ahmed Tinubu has declared that economic reforms under his administration must begin to deliver clear, measurable benefits to Nigerians, charging federal and state governments to move “beyond dialogue to delivery” following the National Economic Council (NEC) Conference in Abuja. Speaking at the close of the two-day high-level conference held at the State House…

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