The management of Jonahcapital Nigeria Limited and House for Africa Nigeria Limited, owners of River Park Estate, Airport Road, Lugbe, Abuja, has debunked claims that the company is (estate) run by a Ghanaian, Samuel Jonah. The management rejected the insinuations as reported by a newspaper on 15 December 2025 and reviewed by AIT Television on…
The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the corporate headquarters of Ikeja Electric for allegedly leaving 19 residential units without electricity for about 30 months. The commission disclosed in a statement on Thursday that this occurred despite the complainant, who owns the 19 units, paying all charges requested by Ikeja Electric and…
History was made in Ekiti on Wednesday as Governor, Biodun Oyebanji led other dignitaries to receive the first commercial flight at the Ekiti Agro-Allied International Cargo Airport, in Ado Ekiti, describing the project as a major milestone in the state’s quest for economic growth and enhanced connectivity. The United Nigeria aircraft with registration number 5N-BWY…
Protesting contractors President Bola Tinubu has expressed strong displeasure over the growing backlog of debt, estimated at about N1.5 billion, owed to federal contractors. In response, the president has established a high-level committee to address the bottlenecks and secure funds for repayment. The president’s anger over the outstanding payments was disclosed by his Special Adviser…
E&P Limited (NEPL), the flagship upstream subsidiary of NNPC Limited, achieved a record production level of 355,000 barrels of oil per day, its highest daily output since 1989. The milestone marks a significant step forward for Nigeria’s upstream sector and reflects the company’s ongoing transformation anchored on efficiency and discipline. The figures show genuine transformation:…
For decades, the Nigerian National Petroleum Company was the black box of the nation’s economy. Revenues flowed in, deductions went out, and only a handful of insiders could explain how the numbers moved. Public complaints about opacity swirled constantly, and mistrust hardened into a national reflex. That posture is beginning to shift. The turning point…
FirstBank Elephant girls FirstBank Basketball Club of Nigeria, popularly known as the “Elephant Girls”, have secured their spot in the final round of the Women’s Basketball League Africa (WBLA), scheduled to hold in Cairo, Egypt from 5-14 December 2025. The Elephant Girls put on a commanding performance at the FIBA Africa Zone 3 Qualifiers in…
Crisis of confidence is currently rocking Access Bank over a judgment of the Federal High Court, Lagos, which ordered the attachment of N29 billion from the bank’s funds domiciled with the Central Bank of Nigeria – setting off sent shockwave and raised blood pressure of stakeholders to a boiling point. Sources said panic mood has…
Dr Ifeoma Douglas, MD of Ssonic Gas Company Foundation Fourth from left, Dr Bernard Doro, Minister of Humanitarian Affairs and Poverty Reduction, Dr Ifeoma Douglas, MD of Ssonic Gas Company Foundation, Senator Ifeanyi Araraume, PhD, Chairman of Exclusive Stires and MD of NNPCL Foundation, Mrs Emmanuella Arokwe at the launch of Ssonic Gas Company Foundation…
The management of the FBNQUEST has informed the Nigerian public especially the Nigerian Exchange Limited (NGX) that it has diversified from the FBNQUEST. In one-paragraph notice, dated 27 November, 2025 and signed by the group company secretary, Abiola Baruwa, said the diversification has been completed The notice reads: “NOTIFICATION OF COMPLETION OF SALE OF FBNQUEST…
