The Board of Eko Electricity Distribution Company (Eko DisCo) has confirmed Mrs. Rekhiat Momoh as its Chief Executive Officer, following a period of sustained operational and financial improvement under her leadership. Mrs. Momoh, who served as Acting CEO since March 2024, oversaw a sharp reduction in Aggregated Technical, Commercial, and[Read More…]
Author: Godwin Anyebe
A Right Choice for Humanitarian Affairs: Setting Agenda for Doro
By Kennedy Elaigwu Awodi The judiciary, often described as the last hope of the common man, is increasingly perceived in Nigeria not as a temple of impartial justice, but as an opulent auction house where rulings are sold to the highest bidder. This tragic perversion of justice has hollowed out[Read More…]
Dufil empowers teachers with 21st-century skills
Dufil Prima Foods Plc, makers of Nigeria’s leading noodles brand, Indomie, has reaffirmed its long-standing commitment to advancing education and teacher development with the successful hosting of the 16th Annual Teachers’ Seminar in Lagos. Themed “Innovative Education: Integrating 21st-Century Skills as Learning Experiences into the Curriculum,” the highly attended event[Read More…]
Federal High Court Orders Interim Forfeiture of Lagos Night Club Over Major Drug Allegations
The Federal High Court in Lagos has granted an interim forfeiture order on a Victoria Island property, known as Proxy Lagos Night Club, following an application by the National Drug Law Enforcement Agency (NDLEA). The agency alleges the property, located at No. 7 Akin Adesola Street, was used for the[Read More…]
Nigerian Stock Market Opens November with N246 Billion Loss
The Nigerian stock market started the month of November on a bearish note, with heavy sell pressure leading to a significant drop in market capitalization. The overall market value shed N246 billion as 37 stocks, led by Aradel Holdings Plc, recorded losses. The benchmark All Share Index (ASI) declined by[Read More…]
NNPC Limited Plans to Boost Stake in Dangote Refinery to 20% Amid IPO Preparations
The Nigerian National Petroleum Company Limited (NNPC Ltd) today announced its intention to increase its equity stake in the $20 billion Dangote Petroleum Refinery to 20 per cent, up from its current 7.2 per cent holding. This strategic move aims to significantly strengthen Nigeria’s domestic refining capacity and reinforce national[Read More…]
Femi Odewunmi’s CI Public Relations: Award-Winning Frontrunner in High-Stakes Communication
A decade after opening its doors, this Lagos-based image management consultancy has carved out a distinctive position in Africa’s communications landscape, not through volume, but through precision in moments that matter most. Whether protecting hard-earned credibility during critical transitions or amplifying the influence of those already at the top of[Read More…]
Nigerian Marketing Awards (NMA) Unveils Finalists for Brand of the Year 2025: Public Voting Now Open
The race is on for the most prestigious prize in Nigerian marketing! The Nigerian Marketing Awards® (NMA) has officially announced the Top 4 finalist brands vying for the coveted title of Brand of the Year 2025. This award celebrates the pinnacle of marketing excellence, creativity, and consumer impact across Nigeria’s[Read More…]
Stanbic IBTC Reports Exceptional 52% Profit Growth Despite Balance Sheet Contraction in 9M 2025
Stanbic IBTC Holdings PLC (Stanbic IBTC or the Group) has announced a robust financial performance for the nine months ended September 30, 2025, demonstrating remarkable resilience and strategic agility in a challenging economic environment. The Group reported a stellar 52.3% increase in Profit After Tax (PAT), rising to \text{N278.5 billion}[Read More…]
How NCDMB Under Engr. Felix Ogbe Has Reinforced Nigeria’s Local Content Regime
By James Okonkwo When President Bola Ahmed Tinubu issued three Executive Orders in March 2024 affecting the oil and gas sector, critics rushed to interpret them as a blow to Nigeria’s local content regime under the NOGICD (Nigerian Oil and Gas Industry Content Development) Act. That reading is not only[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]