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FG’s Electricity Subsidy Drops by N37bn To N321bn in Second Quarter 0
- BUSINESS, SLIDE
- October 1, 2026
The Federal Government’s electricity subsidy obligation fell by N37.06 billion to N321.26 billion in the second quarter of 2026, according to the latest report by the Nigerian Electricity Regulatory Commission (NERC). The figure represents a 10.34% decline from the N358.32 billion subsidy obligation recorded in the first quarter of the year. Tony Elumelu Raises Seplat
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Tony Elumelu Raises Seplat Energy Stake To 21.07% After Buying 6 Million Shares 0
- BUSINESS, SLIDE
- October 1, 2026
Nigerian businessman Tony Elumelu has increased his stake in Seplat Energy Plc after Heirs Energies Limited, a company controlled by him, acquired an additional 6 million ordinary shares in the energy company. The transaction, disclosed in a corporate filing published on the Nigerian Exchange (NGX) website, increased the combined shareholding of Heirs Energies Limited and
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29 Nigerian Universities Make THE 2027 World University Rankings 0
- EDUCATION, SLIDE
- October 1, 2026
By Henry Ojo The number of Nigerian universities featured in the Times Higher Education (THE) World University Rankings has increased from 24 to 29 in the 2027 edition, strengthening Nigeria’s representation in the global university ranking. The 2027 THE World University Rankings, released on Wednesday, place Covenant University, the University of Ibadan and the University
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Tinubu Makes Promises To Nigerians In National Address 0
- NEWS, SLIDE
- October 1, 2026
President Bola Ahmed Tinubu has said reducing the cost of living remains a major priority of his administration, promising to lower the cost of producing and transporting goods and services across Nigeria. Tinubu stated this in his 66th Independence Day address to Nigerians on Thursday, October 1, 2026, as he reflected on the country’s economic
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‘Tinubu Must Go’: Amnesty, Police Clash Over Arrest Of Five Men 0
- SECURITY & CRIME, SLIDE
- October 1, 2026
Amnesty International has rejected the Nigeria Police Force’s claim that five men arrested in Maiduguri, Borno State, while wearing ‘Tinubu Must Go’ T-shirts were also found in possession of drugs. The rights organisation described the drug allegation as an apparent attempt to justify the continued detention of the men, who were arrested after being seen
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President Tinubu Signs Appropriation (Amendment) Bill 2025 0
- NEWS, SLIDE
- October 1, 2026
President Bola Ahmed Tinubu has signed the Appropriation (Amendment) (No. 4) Bill, 2025 into law, extending the implementation period of the 2025 budget from September 30, 2026, to December 31, 2026. Presidential spokesperson, Bayo Onanuga, confirmed the development in a statement on Wednesday, saying the President’s assent followed the swift passage of the amendment bill
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FG’s Electricity Subsidy Drops by N37bn To N321bn in Second Quarter 0