Egbin Power strengthens community cohesion through youth-centred social investment

Egbin Power Plc has reaffirmed its commitment to sustainable development and inclusive growth through its Personal Corporate Social Responsibility (PCSR) initiatives, designed to deepen social cohesion, empower young people, and strengthen relationships across its host communities. One of such initiatives is the company-sponsored annual football tournament for host communities, which has continued to serve as…

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Education takes highest share as Zulum presents N890.33bn 2026 Budget to Borno Assembly

Borno State Governor, Prof. Babagana Zulum, has presented an N890.33 billion budget proposal for the 2026 fiscal year to the State House of Assembly, with the education sector receiving the largest allocation. The budget, titled “Budget of Sustained Recovery and Growth,” places strong emphasis on capital development, with over 61 per cent of the total…

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NAFDAC alerts of side effects of Indomie vegetable flavour, tells Nigerians to avoid it

The National Food, Drug Administration and Control (NAFDAC) has ordered the recall of Indomie brand noodles (Vegetable Flavour Product). NAFDAC explained that this is due to the presence of undeclared allergens (milk and eggs). In a statement, NAFDAC said the product may pose a significant health risk to consumers with allergies or intolerances to milk…

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Finance Minister contradicts Tinubu, says FG didn’t meet 2025 revenue target

Wale Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has contradicted President Bola Ahmed Tinubu on the 2025 revenue target claim, saying the government has only met N10.7 trillion out of projected N40.8 trillion. The president had, while addressing stakeholders of the Buhari Organisation who visited him at the Presidential…

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Opinion: Predatory pricing, market dominance, and future of competition in Nigeria’s downstream petroleum sector

*A Legal and Economic Critique of Systemic Monopoly Power under the FCCPA, 2018 By Charles Ude Esq Introduction: This paper examines the legal and economic implications of monopoly power and abuse of dominance within Nigeria’s competition law framework. It interrogates the emerging dominance of the Dangote Group across strategic sectors of the Nigerian economy, most…

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Nigeria’s inflation rate drops to 14.45% in November — NBS

Nigeria’s headline inflation rate has continued to drop, dipping to 14.45 per cent in November 2025, from the 16.05 per cent recorded in October 2025. This figure was released by the National Bureau of Statistics (NBS). According to NBS, Nigeria’s inflation rate in November represented a decline of 1.6 percentage points month-on-month. Consumer inflation peaked…

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History made, first commercial flights land in Ekiti new airport

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…

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