•Electricity meters The Nigerian Electricity Regulatory Commission (NERC) has said that between 600,000- 700,000 electricity meters are currently available for nationwide distribution. NERC vice chairman, Dr. Musiliu Oseni, revealed this while delivering his opening address at the 4th NESI Stakeholders Meeting in Abuja today, according to a st...
•Nigerian Police The Development Agenda for Western Nigeria (DAWN) Commission has called for federal legislative reforms to establish state police as a complement to the existing federal security architecture The Commission said the need for the call for national attention became imperative in view of the escalating insecurity across the count...
The Police Service Commission (PSC) said today that it will investigate allegations of bribery brought against AIG Emmanuel Aina, the Assistant Inspector General of Police in charge of Legal Services, by a group of protesters who stormed its Corporate Headquarters in Jabi, Abuja. The protesters carrying placards and operating under the umbrell...
Nigeria’s crude oil production dropped to an average of 1.39 million barrels per day (bpd) in September 2025, marking one of the lowest levels in recent months. This is according to data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday. The official figures showed that total oil and condensate output averaged...
•Tinubu President Bola Ahmed Tinubu has ordered an immediate reduction in the 2026 Hajj fare to reflect the recent appreciation of the naira against the dollar, a major determinant of pilgrimage costs. Vice President Kashim Shettima, who conveyed the president’s directive yesterday during a meeting with the management and board members of the ...
•Naira notes The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) announced the commencement of the process for review of the Revenue Allocation Formula (RAF) between the federal, states, and local governments. The Chairman of the RMAFC, Mohammed Shehu, who announced this at a news conference in Abuja, noted that t...
The Police Service Commission (PSC) has disowned a recent advertisement calling for applications into the 12th Regular Course Degree Programme of the Nigeria Police Academy, Wudil, Kano, describing it as illegal and a violation of due process. In a statement today, the Commission’s spokesperson, Ikechukwu Ani, said the publication did not foll...
The Securities and Exchange Commission (SEC) Nigeria has issued a public clarification over its role in the recent FirstÂHoldCo transaction, firmly deÂnying reports that it queried the parties involved. In a statement released yesterday, signed by Efe Ebelo, Head, External Relations of SEC, the capital market regulaÂtor said it acted in accord...
•SEC head office, Abuja In its commitment to combat unregistered operators and stem the tide of Ponzi schemes activities in Nigeria, the Securities and Exchange Commission (SEC) is set to introduce an Unstructured Supplementary Service Data (USSD) code for verification of capital market operators. Director General of the SEC, Dr. Emomotimi Aga...
•Securities and Exchange Commission (SEC) headquarters, Abuja The Securities and Exchange Commission (SEC) has launched an investigation into 79 suspected Ponzi schemes across Nigeria, warning that those found culpable will face severe legal consequences, including prosecution under the Investment and Securities Act (ISA). The Commission said ...
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